Latest news with #MahmoudShehada
Zawya
21-05-2025
- Business
- Zawya
The Sustainable City – Yiti makes sustainable living more accessible with new flexible payment plans
Muscat, Oman – The Sustainable City – Yiti, Oman's flagship sustainable development and the region's pioneering net-zero emissions community, announced today at the Oman Real Estate Expo the introduction of flexible post-handover payment plans tailored specifically for end-users intending to reside in the city upon its completion. This initiative comes in response to increasing demand, with over 90% of villa buyers purchasing for residential purposes. The move highlights the project's commitment to facilitating homeownership and fostering a long-term sustainable lifestyle. The new payment plans allow buyers to pay for their homes over a period of three- or five-years post-handover, offering greater financial flexibility and making the path to homeownership more accessible and convenient. This initiative aligns with the project's ongoing commitment to empowering more families to adopt a sustainable lifestyle within one of the most advanced residential communities in the Sultanate. Mahmoud Shehada, Chief Sales and Marketing Officer at The Sustainable City – Yiti commented: 'The introduction of post-handover payment plans roots from a clear understanding of buyers' needs, most of which seek to settle in a fully integrated, sustainable environment that offers all the essentials of modern living. This step is aimed at making homeownership more attainable, particularly for residents of Oman who may face challenges in securing mortgage financing from local banks.' He added: 'For years, we've been working to challenge the misconception that sustainable living comes at a high cost. These new flexible payment plans are part of that ongoing effort, aiming to make it easier for families to invest in a home that offers both a great quality of life and a commitment to protecting the environment.' The Sustainable City is being developed by Diamond Developers, a subsidiary of SEE Holding, in partnership with Omran. The project is the first residential development in the region committed to achieving net-zero emissions by 2040. It represents a pioneering and integrated model for the cities of the future by combining renewable energy, water reuse, and waste segregation to minimize landfill use, while also enhancing food security through sustainable agriculture systems. The city features a diverse selection of three- and four-bedroom villas that blend sustainable architectural design with the highest standards of modern living. Each villa is equipped with solar panels, energy-efficient systems, and smart technologies. Residents and visitors will also benefit from a wide range of amenities, including a school, nursery, equestrian center, indoor sports complex, and open spaces for recreational activities, all within walking distance. Upon completion, the city is expected to accommodate approximately 10,000 residents and visitors, setting a new benchmark for sustainable urban living in the region. About The Sustainable City – Yiti The Sustainable City – Yiti is set to be the first net zero emission community in the world, realizing the UN 2050 net zero targets by 2040. Located 30km from central Muscat, The Sustainable City – Yiti is a coastal development overlooking the Oman sea and is a joint venture between Diamond Developers, the masterminds behind The Sustainable City brand, and Oman Tourism Development Company, part of OMRAN Group. Aligned with Oman's 2040 vision and designed to meet the highest social, environmental and economic sustainability standards, the live-work-thrive city follows the blueprint for low-emissions living, pioneered by The Sustainable City in Dubai. Expected to be completed in 2026, The Sustainable City – Yiti will span approximately one million square meters and accommodate over 10,000 people in villas, townhouses and apartments. The city will feature state-of-the art facilities, urban farming, a central plaza with a mall, school and nursery, a rehabilitation center for people of determination, an indoor sports complex, access to a wide range of outdoor recreational activities, an equestrian center, two hotels and 132 luxury serviced apartments. Through on-site educational facilities, The Sustainable City – Yiti also presents opportunities for research and learning, enabling the essential transfer of sustainability knowledge.
Muscat Daily
08-02-2025
- Business
- Muscat Daily
Construction starts for 203-room hotel in Sustainable City
Muscat – The Sustainable City – Yiti, the region's first city committed to achieving net-zero emissions by 2040, reached a major milestone last week with the groundbreaking ceremony for its new hotel. The landmark development aligns with the city's mission to create a sustainable, live-work-thrive community while advancing Oman's Vision 2040. The event was attended by senior representatives from Diamond Developers, Oman Tourism Development Company (Omran Group), and other key stakeholders, to celebrate the commencement of construction. The 4-star property will have 203 keys, including guest rooms and suites, as well as wheelchair-accessible rooms. The hotel will feature a range of facilities – including restaurants, a fitness club, a spa and wellness centre, two meeting rooms and more. 'We are excited to break ground on this significant development, an integral part of our strategy to position The Sustainable City – Yiti as a world-class destination and a hub for sustainable living,' said Mahmoud Shehada, Chief Sales and Marketing Officer at The Sustainable City – Yiti. 'This project exemplifies our commitment to delivering sustainability-focused infrastructure that can serve both residents and visitors. The hotel will not only provide premium accommodations but also reinforce the city's sustainable ethos through its design, operations, and offerings.' The development will seamlessly blend modern aesthetics with rich Omani cultural influences. It will cover a total area of approximately 15,748sqm and will have a built-up area of 22,266sqm. The hotel will also integrate eco-friendly features to ensure harmony with its surroundings. The addition of this new hotel represents a key step in establishing The Sustainable City – Yiti's appeal as a vibrant, sustainable destination for residents and visitors alike. Beyond premium hospitality, the project aims to bolster Oman's tourism sector, create numerous job opportunities, and showcase the nation's leadership in sustainable development, stated a press release. On track to start handovers by 2026, The Sustainable City – Yiti has already sold out phase one of residential properties and with this vital community component, has kicked off the next phase of development. Once complete, the city will accommodate approximately 10,000 residents and visitors, setting a regional benchmark for eco-friendly urban living. The city will feature state-of-the-art facilities, urban farming, a central plaza with a mall, school and nursery, an indoor sports complex, access to a wide range of outdoor recreational activities, an equestrian centre, and an additional hotel.
Trade Arabia
06-02-2025
- Business
- Trade Arabia
Sustainable City - Yiti breaks ground for new hotel
The Sustainable City - Yiti, the region's first city committed to achieving net-zero emissions by 2040, has marked a significant milestone with the groundbreaking ceremony for its new hotel. This development aligns with the city's mission to create a sustainable, live-work-thrive community while advancing Oman's Vision 2040, the developer said. The event was attended by senior representatives from Diamond Developers, Oman Tourism Development Company (Omran Group), and other key stakeholders, to celebrate the commencement of construction. The four-star property will have 203 keys, including guest rooms and suites, as well as wheelchair-accessible rooms. The hotel will feature a range of facilities – including restaurants, a fitness club, a spa and wellness center, two meeting rooms and more. 'We are excited to break ground on this significant development, an integral part of our strategy to position The Sustainable City - Yiti as a world-class destination and a hub for sustainable living,' said Mahmoud Shehada, Chief Sales and Marketing Officer at The Sustainable City – Yiti. 'This project exemplifies our commitment to delivering sustainability-focused infrastructure that serves both residents and visitors. The hotel will not only provide premium accommodations but also reinforce the city's sustainable ethos through its design, operations, and offerings.' The development will blend modern aesthetics with rich Omani cultural influences. It will cover a total area of approximately 15,748 sq m and will have a built-up area (BUA) of 22,266 sq m. The hotel will also integrate eco-friendly features to ensure harmony with its surroundings. The addition of this new hotel represents a key step in establishing The Sustainable City - Yiti's appeal as a vibrant, sustainable destination for residents and visitors alike. Beyond premium hospitality, the project aims to bolster Oman's tourism sector, create numerous job opportunities, and showcase the nation's leadership in sustainable development. On track to start handovers by 2026, The Sustainable City - Yiti has already sold out of phase one of residential properties and with this vital community component, has kicked off the next phase of development. Once complete, the city will accommodate approximately 10,000 residents and visitors, setting a regional benchmark for eco-friendly urban living. The city will feature state-of-the-art facilities, urban farming, a central plaza with a mall, school and nursery, an indoor sports complex, access to a wide range of outdoor recreational activities, an equestrian centre, and an additional hotel. - TradeArabia News Service
