Hay Al Wafa properties for sale

  Hay Al Wafa 2026: Your Complete Guide to the First Freehold Community in Sultan Haitham City, Muscat If you are looking for apartments or villas for sale in Sultan Haitham City with freehold ownership and Oman residency, Hay Al Wafa by Al Abrar Real Estate represents the first and largest neighbourhood to launch in Phase One of the city. Spanning one million square metres and comprising 1,800 residential units — a mix of apartments and villas — at a total investment of OMR 280 million, the project opens full freehold ownership to all nationalities in 50% of its units. An extraordinary 80% of Phase One sold within just a few months of launch — a clear signal of the exceptional demand for properties in Sultan Haitham City. What Is Hay Al Wafa? Hay Al Wafa is the first neighbourhood to be offered for sale in Sultan Haitham City — Oman's first smart city — developed by Al Abrar Real Estate, one of the principal developers assigned plots in the city by the Ministry of Housing and Urban Planning. Sales were officially launched in March 2024 under ministerial supervision, supported by a major financing package involving 8 commercial and Islamic banks and the Oman Housing Bank. The neighbourhood will be delivered in 5 phases, with all units completed and handed over by 2030 — the scheduled completion date for the entire Phase One of Sultan Haitham City. Location: Sultan Haitham City — Oman's First Smart City Sultan Haitham City is located in Al Seeb, south of Muscat International Airport, spanning approximately 15 million sqm to become one of the largest urban development projects in Oman's history. Key features: • Dual-carriageway network connecting to Muscat International Airport, Muscat Expressway and the Batinah road. • Schools, hospitals, health centres and integrated services planned within the city. • A smart, integrated transport network designed for residents and visitors. • A large central park surrounded by residential neighbourhoods. • Close proximity to Muscat Airport and Sultan Qaboos Street. Unit Types & Prices • Apartments: starting from OMR 29,000 for eligible applicants — one of the lowest entry points for ownership in Muscat. • Villas: starting from OMR 65,000 for eligible applicants, with two design options per plot (large and small configurations). • All units are solar-energy-ready and equipped for fibre-optic connectivity (smart homes). Ownership Structure: How Are Units Distributed? Hay Al Wafa has a unique distribution model that makes it accessible to multiple categories: • 50% of units: full freehold for all nationalities — Omani, GCC and foreign buyers. • 45% of units: for eligible Omanis on the government housing land waiting list, at subsidised prices. • 5% of units: for other categories. The 50% open to all nationalities means that a foreign, Arab or GCC investor can acquire full ownership — and obtain Oman residency including family members upon paying 30% of a property valued above OMR 50,000. Integrated Amenities • Mosque serving neighbourhood residents. • Integrated school complex (primary and preparatory). • Commercial zone with retail, cafes and restaurants. • Parks and extensive green spaces. • Swimming pools and sports halls. • Safe children's play areas. • Walking and jogging tracks. • Private parking spaces. • Smart systems and smart-home infrastructure. • Central park surrounding Phase One of the city. Financing & Banking Programmes The Ministry of Housing and Urban Planning supported Hay Al Wafa with an exceptional financing package: • Oman Housing Bank: 3,000 housing loans totalling OMR 240 million, with the ceiling raised from OMR 60,000 to OMR 80,000. • Bank Muscat: loans at 3.5% for the first 150 applications. • Five additional banks (National Bank of Oman, Ahli Bank, Bank of Oman Arab, Bank Dhofar, Sohar International) at 3.5% for the first 100 loans each, with a combined value exceeding OMR 40 million. Subsidised financing is primarily available to eligible Omanis. Foreign buyers may access standard commercial financing — enquire with Al Abrar or the participating banks. Why Hay Al Wafa Is an Investment Opportunity • First neighbourhood in Oman's first smart city: early-stage entry = highest capital appreciation potential. • 80% of Phase One sold within months: proof of strong demand and limited supply. • Competitive prices: apartments from OMR 29,000 — among the lowest ownership entry points in Muscat. • Direct government backing: the Ministry co-launched the project and guarantees infrastructure and timelines. • Sultan Haitham City: investing in a government city with unlimited official support. • Freehold + residency: 50% of units open to all nationalities with Omani residency. • Phased delivery to 2030: allows for planning and monitoring. Frequently Asked Questions What is Hay Al Wafa? The first neighbourhood launched for sale in Sultan Haitham City, developed by Al Abrar Real Estate across one million sqm, with 1,800 apartments and villas. Can foreigners buy a