Standalone Villa - 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 unit is a Standalone Villa, with a built-up area of 429.88 sqm on a 400 sqm plot, offering 5 bedrooms and 4 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. 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. 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. The district includes a grand mosque, an integrated school complex (primary and preparatory), a retail area with shops, cafés and restaurants, plus extensive parks and green spaces. Subsidised financing at Hay Al Wafaa is directed mainly at eligible Omani citizens, while foreign buyers can access financing through standard commercial banking channels. 80% of Phase 1 units selling out within a few months reflects strong demand and limited supply in this strategic location within Sultan Haitham City. If you're looking for a real estate investment opportunity in Oman or a freehold apartment or villa for sale, Sultan Haitham City and Hay Al Wafaa are among the top options available today. 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 242,000 - 20% down payment: OMR 48,400 - Remaining 80% in monthly instalments over 5 years (60 months): approx. OMR 3,227/month Book your viewing or enquiry now to secure your unit in Sultan Haitham City's first district before prices move with project progress. Frequently Asked Questions: 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: 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 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: 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. 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.