2BHK Apartment - Hay Al Wafaa, Sultan Haitham City | Omani Residency + Freehold

Hay Al Wafaa, developed by Al Abrar Real Estate in partnership with the Ministry of Housing, now offers this unit among its currently available inventory. This apartment is in Building 59, on the 2nd floor with a Boulevard view, has a built-up area of 127.84 sqm and a gross area of 160.3 sqm, with 2 bedrooms and 2 bathrooms. A large central park surrounds Sultan Haitham City's residential districts, with Hay Al Wafaa standing as the very first of them to be launched. The project allows foreign freehold ownership on half of its units, and units valued above OMR 50,000 (with 30% paid) qualify the buyer and their family for Omani residency. Hay Al Wafaa is delivered by Al Abrar Real Estate, a Ministry-of-Housing-appointed developer working in direct partnership to launch the city's first district. 80% of Phase 1 units at the project sold within just a few months of launch, reflecting strong demand for this district within Sultan Haitham City. 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. Real estate investment in Oman is growing steadily in Sultan Haitham City, making apartments and villas for sale there a promising option for freehold ownership and Omani residency seekers. Hay Al Wafaa is being delivered across 5 phases, with full handover of all units expected by 2030 — the date set for completing Sultan Haitham City's entire Phase 1. Payment plan for this unit: - Price: OMR 98,850 - 20% down payment: OMR 19,770 - Remaining 80% in monthly instalments over 5 years (60 months): approx. OMR 1,318/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: Can foreigners own property in Hay Al Wafaa? A: Yes, 50% of the units are open to freehold ownership for all nationalities. Specific details for this unit can be confirmed with the developer. Q: Who is the developer of Hay Al Wafaa? A: Al Abrar Real Estate, one of the master developers appointed by the Ministry of Housing and Urban Planning for Sultan Haitham City. 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: How many total units does the project have? A: 1,800 residential units between apartments and villas, across a total area of 1 million sqm. Q: Why is investing in Sultan Haitham City a good opportunity? A: As Oman's first smart city with direct government backing, it is seeing rising demand for freehold ownership and real estate investment, with competitive entry prices compared to other parts of Muscat.