Rukaz Real Estate Development

Establishment of Rukaz Real Estate Development With the aim of enhancing urban development and providing innovative real estate solutions to meet the growing market demands, Rukaz Real Estate Development was established in the Sultanate of Oman. The company plays a key role in creating real estate ownership opportunities across the country. Since its inception, Rukaz has been committed to delivering integrated real estate projects, including residential and commercial complexes, hotels, and tourism destinations, guided by a clear vision that prioritizes quality above all. As the real estate sector in Oman continues to grow, Rukaz has taken on a leading role in supporting economic expansion through diverse investments that contribute to the creation of a modern urban environment aligned with Oman Vision 2040. Since its foundation, the company has embraced an approach that combines innovation with strategic planning. Rukaz collaborates with top experts in architecture, design, and construction to ensure the development of modern and efficient projects. Additionally, it has leveraged Oman’s strategic geographical location to attract both local and international investors, strengthening its position as a key player in the regional real estate sector. Market Value Growth Rukaz Real Estate Development is one of the leading real estate companies in Oman, achieving significant market value growth over the past years. Thanks to its pioneering projects, the company has successfully expanded its investments and customer base, positively impacting its financial performance. According to recent financial reports, the company’s assets are valued in the hundreds of millions of Omani rials, with stable annual growth rates. Rukaz benefits from strategic partnerships with government entities and international investors, contributing to its financial stability and expansion opportunities. Additionally, the company's adoption of modern construction and project management technologies has improved operational efficiency and increased investment returns, making it a preferred destination for real estate investors in the region. Notable Projects by Rukaz Real Estate Development in Oman Rukaz has made a strong impact on the Omani real estate market with a range of distinguished projects, including: • Durra Project Located in South Ghubra, Muscat’s capital, the project is currently under construction and is expected to be completed in the fourth quarter of 2027. Durra features modern designs and a strategic location, comprising a variety of residential units tailored to meet the needs of different families. The project offers apartments in multiple sizes with contemporary designs to suit various preferences. It presents an exceptional opportunity for luxurious living and promising investment, with unit options ranging from one-bedroom to two-bedroom apartments, available in various sizes. Retal Project Situated in South Ghubra, in the lively Bousher district near key services and highways, the Retal Project enjoys a prime location. It offers an excellent opportunity for comfortable living and investment, with elegantly designed two-bedroom apartments available in various sizes to cater to different needs and preferences. Rukaz is also known for offering flexible payment plans that accommodate different financial capabilities. The company provides various financing options, including installment plans and gradual payments, making its projects accessible to a broad range of buyers. Awards and Recognitions Rukaz Real Estate Development has received widespread recognition in the real estate sector for its outstanding projects and commitment to sustainable quality standards. The company has been honored with several prestigious awards, including: Real Estate Development Excellence Award (2020), recognizing its successful residential and commercial projects. ISO 9001 Certification, highlighting its commitment to the highest quality standards in project design and execution. With these achievements, Rukaz continues to strengthen its position in both the Omani and regional real estate markets. The company is committed to expanding with new projects that meet market demands and contribute to Oman’s economic growth. Furthermore, Rukaz continues to invest in modern technologies and sustainability to provide innovative real estate solutions that deliver real value to the community and customers. Edited by: Imtilak Global ©