Latest news with #OmanRealEstateExpo
Muscat Daily
21-05-2025
- Business
- Muscat Daily
Lux Collective unveils project in Haitham City
Muscat – Mauritius-based luxury hotel group The Lux Collective, in partnership with Adanté Realty, has announced the launch of SOCIO By The Lux Collective, the first hotel and branded residences project in Sultan Haitham City. The signing ceremony took place at the Oman Real Estate Expo, marking a key step in the city's development as Oman's first smart urban hub. The agreement will see the development of 219 branded residence units and 170 hotel rooms on Plots 97 to 99 within Yenaier Residences – the flagship sustainable project of Sultan Haitham City, located in Phase 1 of the new development. The project is being positioned as a mixed-use lifestyle destination combining hospitality, design, and residential investment potential. Residents will have access to premium hotel services, smart home technology and proximity to retail, wellness and green spaces. Dr Aadil Alexander, CEO of Adanté Realty, said the signing marked the formal launch of a new approach to residential living in the country. 'This partnership reflects our shared vision to create elevated living experiences grounded in purpose, sustainability and global design.' Olivier Chavy, CEO of The Lux Collective, described the agreement as a continuation of the group's regional growth. 'We are truly honoured to embark on this like-minded partnership with Adanté Realty – one that is built on creativity and a shared belief in future living,' he said. 'This milestone marks a continuation of our group's journey, grounded in shared history and cultural resonance – from the recent opening of LUX Marijani in Zanzibar, once part of the Sultanate of Oman, to this significant step into Muscat.' The SOCIO development will feature 389 units in total, including 170 hotel rooms, 123 branded serviced apartments and 96 branded non-serviced apartments. These form part of the wider Yenaier Residences masterplan, which includes over 780 residential units and supports the government's long-term vision for urban development and housing diversification.
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.
Zawya
19-05-2025
- Business
- Zawya
The Sustainable City – Yiti showcases sustainable living model at Oman Real Estate Expo 2025
Muscat, Oman – The Sustainable City – Yiti, a leader in sustainable urban living, is proud to announce its participation in the ongoing Oman Real Estate Expo 2025. Oman Real Estate Expo 2025 forms part of Oman Design & Build Week, Oman's most prominent B2B exhibition and conference for the construction, design and real estate industry. Following a series of appearances at various international and regional real estate events, The Sustainable City – Yiti's participation at Oman Real Estate Expo further reinforces its position as an innovative leader in net-zero living. Set to be the world's first net-zero community aligned with the UN's 2050 sustainability goals, The Sustainable City – Yiti will present its innovative approach to sustainable living at Oman Real Estate Expo 2025. Attendees at the event have the opportunity to discover the community's groundbreaking design integrating renewable energy, water recycling, waste diversion, and urban farming, creating a self-sufficient, eco-friendly lifestyle. The 20th edition of Oman Design & Build Week, which includes Oman Design & Build Expo, Oman Real Estate Conference and Oman Real Estate Expo, is currently taking place, until the 21st of May 2025 at Oman Convention & Exhibition Centre. Underscoring the growing global demand for sustainable living, phase one of The Sustainable City – Yiti was a complete sell-out, with limited units still available in phase 2. Construction of the project is well underway. 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.
