Sohar Real Estate Development

Rapid Growth and a Modern Vision! To meet the demands of the modern real estate market for innovative and unique projects at realistic prices that align with the country’s purchasing power and ensure the best investment returns, Sohar Real Estate Development has emerged as a key player in Oman’s real estate sector. Also known as "Majd," Sohar Real Estate Development is a leading company in the real estate industry despite its recent establishment. Founded in 2019, the company leverages the extensive expertise of its founder, who has over 20 years of experience in the field. Since its inception, Sohar Real Estate Development has focused on delivering high-quality, sustainable, and diverse real estate solutions, quickly establishing a strong presence in Oman’s real estate market. With a forward-thinking approach, the company continuously introduces innovative real estate projects that fulfill market needs, making a real impact on Oman’s urban landscape. Through its creativity and commitment to excellence, Sohar Real Estate Development has earned the trust of its clients and built a solid customer base while maintaining financial stability. Future Vision and Social Responsibility The company’s rapid growth reflects its ambitious aspirations. Sohar Real Estate Development aims to strengthen its position as a leading real estate developer locally and internationally. It follows a strategic expansion plan focused on delivering innovative and sustainable projects that align with Oman’s Vision 2040 and contribute to the country’s infrastructure development. Furthermore, the company is committed to adopting the best sustainability and environmental preservation practices across all its projects, ensuring it fulfills its social and environmental responsibilities. Believing in the importance of community development, Sohar Real Estate Development actively supports social and economic initiatives for Omani citizens. The company is also dedicated to creating job opportunities and training programs for Omani youth, fostering national talent, and boosting the local economy. Notable Projects by Sohar Real Estate Development Sohar Real Estate Development has successfully delivered modern and high-quality projects, including: • Majd Neighborhood Project One of the company’s most significant achievements, launched in July 2024 in collaboration with the Ministry of Housing and Urban Planning. Located in Muwailih, Sohar, this project aims to establish an integrated residential neighborhood with over 1,000 housing units. The total investment in the project is approximately OMR 80 million. It is part of a broader initiative to create fully integrated residential communities, providing modern and comprehensive living environments for Omani citizens. • Bazaar Project Launched in 2019, this project is the first traditional market with a modern twist in Oman. Located in Sohar, the OMR 13 million project aims to offer a unique shopping experience that blends authenticity with modernity while boosting commercial and tourism activities in the area. • Riviera Salalah Situated in Western Salalah, Dhofar Governorate, this project enjoys a prime location near government institutions, service facilities, markets, and commercial centers. Riviera Salalah offers a luxurious residential experience, combining comfort and elegance in a seaside setting. The project’s apartments feature breathtaking ocean views, providing a serene and picturesque daily living experience. With architecturally innovative designs, this development caters to diverse needs, offering units ranging from one to four-bedroom apartments, all with spacious interiors and stunning balconies. Awards and Recognitions Despite being a relatively new player in the real estate sector, Sohar Real Estate Development has quickly gained industry recognition due to its outstanding projects and commitment to quality. The company has established a strong reputation in the local market, leading to strategic partnerships with government entities and prominent financial institutions. For example, in 2024, the company signed an agreement with Alizz Islamic Bank to provide housing finance solutions for customers looking to own homes in Majd Neighborhood. This partnership reflects the mutual trust between the company and key financial institutions in Oman. Edited by: Imtilak Global ©