Adrak developers llc

. The Establishment and Growth Journey Idraak Real Estate Development is one of the most prominent and widely recognized real estate developers in Oman, founded with the goal of providing comprehensive residential and commercial solutions that meet local market demands in accordance with global standards. From humble beginnings, coupled with hard work, dedication, and a future-oriented vision, Idraak has transformed into a multi-award-winning, internationally recognized engineering and construction services company. Idraak’s strength lies in offering comprehensive solutions tailored to client needs. The company's integrated and multidisciplinary approach ensures that residents enjoy a premium living experience in its projects, leveraging top-tier expertise in civil, mechanical, and electrical engineering, as well as infrastructure development. These services are further supported by engineering, procurement, construction, and project management of the highest standards. Vision and Objectives As one of Oman’s most established real estate developers, Idraak's vision is deeply rooted in its commitment to partnering with government projects, developing the nation’s infrastructure, and accelerating modernization efforts. A key aspect of this vision is also the company’s dedication to creating rewarding job opportunities for Omani youth and contributing to Oman’s national development goals for economic growth. Since its inception, Idraak has focused on delivering excellence through innovative projects that combine modern design with environmental sustainability, reinforcing its position as a trusted partner in Oman’s real estate sector. The company has adopted a strategic approach that blends innovation and quality, leveraging its deep industry expertise and a specialized workforce in engineering, construction, and property management. Idraak has also collaborated with leading consulting firms and engineering offices to ensure its projects meet the highest efficiency and quality standards. This vision has enabled Idraak to develop modern residential and commercial complexes that align with Oman Vision 2040, which aims to promote sustainable development and attract real estate investments to the country. By the end of 2024, the company successfully delivered 3,000 labor housing units in Tabuk, northwest Saudi Arabia, marking one of its major ventures in the Gulf region. Market Value Idraak Real Estate Development has achieved significant growth in its market value, driven by successful projects and effective investment strategies. The company’s assets are valued at hundreds of millions of Omani rials, benefiting from investments across various real estate sectors, including residential, commercial, hospitality, and tourism projects. With strong financial management, Idraak has maintained consistent annual growth, making it an attractive destination for both local and international investors. The company’s commitment to sustainability and the use of modern construction technologies have enhanced operational efficiency and delivered sustainable investment returns, further boosting its share value in Oman’s real estate market. Key Projects of Idraak Real Estate Development in Oman Idrak Real Estate Development has been able to implement a group of pioneering projects that have contributed to strengthening the real estate infrastructure in the Sultanate. The most prominent of these projects was: Masaken January Project Located in Sultan Haitham City, this strategic development is part of Oman’s first smart city, integrating modern infrastructure with advanced technology. Project Highlights: • Comprising six iconic towers, interconnected with green streets and spacious walkways • A blend of contemporary architecture, sustainable principles, and smart technology • Offers a variety of residential units, including studios, one-bedroom apartments, two-bedroom apartments, and four-bedroom penthouses • Unit sizes range from 71 sqm to 462 sqm • Equipped with state-of-the-art facilities, including fitness and wellness centers, community spaces, and modern amenities This project serves as a benchmark for smart cities in Oman, incorporating renewable energy solutions and smart waste management systems, making it a sustainable, eco-friendly development. Awards & Recognitions Idraak Real Estate Development has been recognized for its excellence in real estate development, earning several prestigious awards, including: • Best Real Estate Developer in Oman (2023) – Awarded by the Arab Real Estate Organization • Sustainability Excellence Award – Presented by Oman’s Ministry of Housing and Urban Planning • Best Integrated Residential Project – For Al Waha Residential Complex, recognized as a model for integrated housing communities in Oman • Architectural Design Excellence Award – Granted by the International Union of Architects, in recognition of innovative designs in the Idraak Smart City Project Through its strategic vision, innovation-driven approach, and commitment to excellence, Idraak Real Estate Development continues to shape Oman’s urban landscape while contributing to the nation’s sustainable economic growth. Edited by: Imtilak Global ©