Top 10 Under-Construction Projects for Real Estate Investment

We selected this list based on criteria that include the developer's identity and track record, actual demand indicators such as sales rates in the early stages, clarity of the announced delivery date, and the unique investment advantage each project offers compared to others. Here, we present ten projects currently under construction in the Sultanate of Oman, each with its own special feature worth noting.

1. Aida (Yiti): Luxury Segment

Aida Project tops the list as the most prominent luxury project under construction in the Sultanate, located on coastal cliffs rising up to 100 meters above the Sea of Oman, with villas reaching up to the fortieth floor. Owners benefit from full exemption from personal income tax and inheritance tax, as well as free membership at the adjacent Trump International Golf Club. The first phase is expected to be delivered in December 2028.

2. Trump International Oman (Yiti): Highest Announced Return

One of the most distinctive features of the Trump International Oman Project is its clear announcement of an expected investment return ranging between 8% and 10% annually, which is among the highest officially announced rates among projects currently under construction in the Sultanate. The project combines elevated sea views and views of a ranked golf course, with rare contractual flexibility allowing unit owners to resell their contractual rights after paying only 40% of the property value. Delivery is expected in Q4 2028.

3. The Sustainable City (Yiti): Proven Demand by Selling Out Phase One

The first phase of The Sustainable City Project has completely sold out, which is a tangible indicator of actual demand. The project aims to reach zero carbon emissions by 2040, relying on 100% renewable energy, within an integrated complex that includes a health center, school, and hotel. The second phase is currently available, with expected delivery in December 2027.

4. Vistal (Al Mouj Muscat): Marina Lifestyle

Vistal Project offers a unique advantage: a location just steps away from Al Mouj Muscat Marina, within an integrated system including a golf course, international restaurants, and a cinema. This means rental demand driven by vibrant daily activity, not just seasonal. It features a payment plan starting with a 10% down payment and 0% interest. Expected delivery is in Q2 2029.

5. Wadi Zaha (Sultan Haitham City): Largest Project by Scope

Wadi Zaha Project is being developed by Al Ahly Sabbour, a company with over 30 years of experience in Egypt, within a master plan covering 100 acres and including three future neighborhoods (Wadi Zaha, Wadi Safa, Wadi Tala) with about 3,500 total units. Wadi Zaha itself includes 760 units, as well as "The Iconic Tower," the tallest tower in Sultan Haitham City. The project has achieved about 80% of its 2025 sales target, with expected delivery in Q4 2028.

6. Hay Al Wafaa (Sultan Haitham City): Fastest Selling and Earliest Delivery

Hay Al Wafaa Project achieved a sales rate of 78% within just 3 months of its launch, making it the fastest-absorbed among the projects on this list. It includes apartments, villas, and townhouses with areas up to 413 square meters, developed by Al Abrar Real Estate. Expected delivery is in Q4 2026, making it the soonest among all projects on this list.

7. January Residences (Sultan Haitham City): First Smart City in the Sultanate

January Residences Project is the first smart city in the Sultanate of Oman, featuring six interconnected towers with green streets, and semi-furnished units with the option of full furnishing for an additional 100 OMR per square meter. Developed by Idraak Real Estate, expected delivery is in Q2 2027.

8. Sarooj Oasis (Sultan Haitham City): Widest Variety of Unit Types

Sarooj Oasis Project is developed by Sarooj Real Estate Development Oman, with a design that combines Omani authenticity and eco-friendly solutions. The project includes a wide mix of apartments and villas, with areas up to 250 square meters, offering greater variety than any other project on this list in terms of available unit types. Expected delivery is in Q3 2028.

9. Muscat Bay: Lowest Entry Point and Full Family Residency

Muscat Bay Project offers the lowest entry price among all the projects on this list, with a unique feature: freehold ownership available to all nationalities without exception, and legal residency for the owner and all family members. It includes apartments within Zain Residence complex and luxury villas with 4 and 5 bedrooms and gardens up to 600 square meters, with only 10% down payment. Expected delivery is in Q3 2027.

10. Golf Hills (Muscat Hills): Green View at a Reasonable Entry Price

Golf Hills Project offers views of golf courses and green spaces as an alternative to direct sea views at a relatively lower entry price within the ITC classification. It provides a payment plan starting with a 20% down payment, with expected delivery in Q1 2028.

How to Choose Among These Ten Projects?

• For the highest clearly announced return: Trump International Oman.

• For the nearest delivery date: Hay Al Wafaa.

• For the lowest entry budget: January Residences or Wadi Zaha.

• For full family residency at a reasonable price: Muscat Bay.

• For the luxury segment and tax exemptions: Aida.

• For a vibrant coastal lifestyle: Vistal.

Ten projects under construction, each with a different investment advantage, from the highest announced return, to the earliest delivery, to the lowest entry price, to the luxury segment with tax exemptions. The best choice depends on your real priority, not on a one-size-fits-all project.

The Imtilak Global team closely monitors the actual progress of these ten projects and helps you choose the project that matches your budget and investment horizon precisely. Talk to our real estate consultants to review the units currently available in any of these projects.