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

Hay Al Wafaa is the first residential district launched in Oman's first smart city, and this unit is one of its currently available ownership opportunities. This apartment is in Building 61, on the 2nd floor with a Boulevard view, has a built-up area of 127.22 sqm and a gross area of 157.96 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. The project is developed by Al Abrar Real Estate, one of the master developers appointed by the Ministry of Housing and Urban Planning within Sultan Haitham City. 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. Subsidised financing at Hay Al Wafaa is directed mainly at eligible Omani citizens, while foreign buyers can access financing through standard commercial banking channels. With apartment prices starting from OMR 29,000 for eligible buyers, Hay Al Wafaa offers one of the lowest ownership entry points in Muscat — a key draw for investors. 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. 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 96,930 - 20% down payment: OMR 19,386 - Remaining 80% in monthly instalments over 5 years (60 months): approx. OMR 1,292/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: 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: 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: When will the project be delivered? A: Delivery runs across 5 successive phases, with the district fully completed by 2030. Q: What makes Hay Al Wafaa a strong investment opportunity? A: Being the first district in Oman's first smart city, with 80% of Phase 1 sold within a few months and competitive pricing starting from OMR 29,000 for apartments.