Al Mina Waterfront Development 65% Complete: Key Opportunities for Investors and Business Growth in Oman
Muscat – Construction at the Al Mina Waterfront Residences in Barr Al Jissah has made significant strides, with the project now approximately 65 percent complete and projected for completion in the fourth quarter of 2026.
The developers have announced a strategic partnership with global real estate firm Savills to facilitate the next phase of project delivery and client relations, a pivotal advancement in establishing Oman’s premier waterfront community.
Hamood al Maamari, Director of Sales at BAJR, expressed optimism, stating, “With renewed direction and the support of our new strategic partners, we are moving forward with determination to deliver on our promise of a refined residential destination that reflects the character and natural beauty of Oman’s coastline.”
Savills has been appointed as the official real estate and relationship management partner for this development. With over 40 years of experience in Oman and a presence in seven MENA countries alongside more than 700 offices across 70 countries, Savills offers unmatched international expertise and access to the global luxury real estate market.
Ihsan Kharouf, Head of Savills Oman, remarked, “Al Mina represents a compelling waterfront residential offering within the Sultanate. Its setting, design quality, and lifestyle components position it as a highly distinctive development. Savills is pleased to support this next phase, ensuring buyers and homeowners benefit from clear communication, professional oversight, and a high standard of service through to completion.”
Located in the esteemed Barr Al Jissah area, Al Mina Waterfront Residences features a curated selection of luxury apartments, duplexes, penthouses, and villas. The development is situated along the Sea of Oman and includes a deep-water marina, along with retail spaces that cater to residents’ needs, wellness facilities, and nautical activities, ensuring a well-rounded coastal lifestyle.
Al Mina Waterfront Residences is a freehold development, available for purchase by both Omani and international buyers, providing long-term value and lifestyle opportunities in one of Oman’s most desirable coastal locations.
Special Analysis by Omanet | Navigate Oman’s Market
The ongoing development of Al Mina Waterfront Residences at Barr Al Jissah signals a significant opportunity for businesses in Oman, particularly in the luxury real estate and hospitality sectors. With Savills’ strategic partnership, there is potential for enhanced international investment and buyer engagement, creating both opportunities and risks for local entrepreneurs as competition increases. Smart investors should consider the timing of entry into the market, leveraging the allure of luxury living in Oman while being prepared to adapt to evolving buyer expectations and market dynamics.
