2BHK Apartment for Sale in Hay Al Wafaa - Sultan Haitham City | Freehold

Looking for a freehold property with Omani residency potential in Muscat? This Hay Al Wafaa unit in Sultan Haitham City is worth your attention. This apartment is in Building 59, on the 2nd floor with a Swimming pool view, has a built-up area of 128.25 sqm and a gross area of 160.81 sqm, with 2 bedrooms and 2 bathrooms. The project sits in Sultan Haitham City, Wilayat Al Seeb, directly south of Muscat International Airport, spanning roughly 15 million square metres. 50% of Hay Al Wafaa's units are open to freehold ownership for all nationalities, with Omani residency extending to the owner's family once the property exceeds OMR 50,000 and 30% has been paid. Al Abrar Real Estate is the developer behind Hay Al Wafaa, operating under a government partnership that backs the project's infrastructure and delivery timeline. Hay Al Wafaa spans 1 million square metres and comprises 1,800 residential units between apartments and villas, for a total project cost of OMR 280 million. Project amenities span a mosque, schools, a retail zone, green spaces, swimming pools, kids' play areas and jogging tracks, all within an integrated urban master plan. Alongside Oman Housing Bank financing for eligible buyers, commercial banks (including National Bank of Oman, Bank Dhofar and Sohar International) offer financing at 3.5% for the first 100 loans per bank. Direct government backing through the Ministry of Housing partnership secures the project's infrastructure and delivery timeline, reinforcing long-term confidence in unit values. Many investors search for freehold property for sale in Oman, and Sultan Haitham City offers exactly that within its first residential district, Hay Al Wafaa. Delivery is scheduled in successive phases through to full project completion in 2030, allowing investors to track progress and plan accordingly. Payment plan for this unit: - Price: OMR 99,410 - 20% down payment: OMR 19,882 - Remaining 80% in monthly instalments over 5 years (60 months): approx. OMR 1,325/month Get in touch to compare this unit against other available options at Hay Al Wafaa and find the best fit for you. Frequently Asked Questions: Q: What is Hay Al Wafaa? A: It is the first district launched for sale in Sultan Haitham City, developed by Al Abrar Real Estate across 1 million sqm with 1,800 units between apartments and villas. Q: What is the difference between the Eligible and Non-Eligible price? A: The Eligible price is a subsidised rate for Omani citizens on the government housing waiting list, while the Non-Eligible price is the open-market rate available to other buyers, including foreign investors. Q: What are the district's key amenities? A: A grand mosque, a school complex, a retail area, parks and green spaces, swimming pools and gyms, and safe children's play areas. Q: Are bank financing plans available? A: Yes, Oman Housing Bank offers subsidised financing for eligible buyers, and local commercial banks offer 3.5% financing for the first 100 loans per bank; foreign buyers can finance through standard commercial channels. Q: How can I enquire about or reserve this unit? A: Reach out to our team via WhatsApp or a direct call for full details and the reservation process.