Al Mina Waterfront Development Reaches 65% Completion: Opportunities and Implications for Investors in Oman
Muscat – Construction of the Al Mina Waterfront Residences in Barr Al Jissah is progressing well, with the project now approximately 65% complete and on schedule for finalization in the fourth quarter of 2026.
The developers have announced a strategic partnership with global real estate firm Savills to enhance the next phase of project delivery and client engagement, marking a significant advancement in the development of Oman’s premier waterfront community.
Hamood al Maamari, Director of Sales at Barr Al Jissah Resort (BAJR), stated, “With renewed direction and the support of our new strategic partners, we are advancing confidently toward the realization of a refined residential destination that showcases the beauty of Oman’s coastline.”
Savills has been designated as the official real estate and relationship management partner for this initiative. With over four decades of experience in Oman, as well as operations in seven countries across the MENA region and more than 700 offices globally, Savills offers unmatched international expertise and access to the luxury property market.
Ihsan Kharouf, Head of Savills Oman, remarked, “Al Mina represents a unique waterfront residential opportunity in the Sultanate. Its exceptional location, design quality, and lifestyle features make it a standout development. We are excited to assist in this next phase, ensuring that buyers and homeowners receive transparent communication, professional oversight, and a high level of service until project completion.”
Located within the prestigious Barr Al Jissah enclave, Al Mina Waterfront Residences will offer a carefully curated selection of luxury apartments, duplexes, penthouses, and villas. The development will boast a picturesque setting along the Sea of Oman, anchored by a deep-water marina and supplemented by retail spaces catering to residents’ needs, wellness facilities, and nautical activities, fostering a balanced coastal lifestyle.
The Al Mina Waterfront Residences will operate as a freehold development, allowing both Omani and international buyers to invest, thereby presenting long-term value and a desirable lifestyle in one of Oman’s most sought-after coastal regions.
Special Analysis by Omanet | Navigate Oman’s Market
The Al Mina Waterfront Residences project signifies a pivotal opportunity for businesses in Oman, particularly in the luxury real estate sector, as its partnership with Savills enhances its appeal to both local and international investors. This strategic collaboration not only boosts credibility and market reach, but also underscores a growing trend toward premium coastal living, potentially attracting wealthier clients and investors. Savvy entrepreneurs should consider capitalizing on this momentum by exploring complementary services in hospitality, retail, and wellness to meet the anticipated demand from an upscale demographic seeking a refined lifestyle in Oman.
