For Sale: 2BHK Apartment in Hay Al Wafaa, Sultan Haitham City - 127.22 sqm

Part of Sultan Haitham City's Phase 1, which saw 80% of its units sold within months of launch — this Hay Al Wafaa unit is now available. This apartment is in Building 61, on the 4th 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. The unit is located within Sultan Haitham City, Oman's first smart city, linked by a dual-carriageway road network to Muscat International Airport, Muscat Expressway and Al Batinah Expressway. 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. 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. As the first district launched in Oman's first smart city, Hay Al Wafaa offers an early-entry advantage with strong potential for future capital appreciation. Sultan Haitham City has become one of Oman's leading real estate investment destinations, with Hay Al Wafaa combining freehold ownership and competitive property prices in Muscat. 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 98,660 - 20% down payment: OMR 19,732 - Remaining 80% in monthly instalments over 5 years (60 months): approx. OMR 1,315/month Contact us now for the latest prices, available units at Hay Al Wafaa, and financing options that suit 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: Does buying grant Omani residency? A: Units valued above OMR 50,000 (with 30% paid) qualify the owner and their family for Omani residency. Q: When will the project be delivered? A: Delivery runs across 5 successive phases, with the district fully completed by 2030. Q: Where exactly is Hay Al Wafaa located? A: Within Sultan Haitham City, Wilayat Al Seeb, directly south of Muscat International Airport. Q: What payment plan is available for this unit? A: A 20% down payment of the unit price, with the balance payable in monthly instalments over 5 years (60 months), per developer terms.