Muscat Governorate
Area profile
Muscat Bay
Muscat Bay is a 2.2 million sqm fully-integrated 5-star ITC community at Bandar Jissah, near Qantab — set between the Al Hajar Mountains and the Sea of Oman, just 20 minutes from downtown Muscat. Master-developed by Muscat Bay LLC (formerly Saraya Bandar Jissah, established 2007), a privately-owned joint venture between Omran (Oman Tourism Development Company, the government investment arm) and Saraya Holding Oman. The community is anchored by Jumeirah Muscat Bay — Jumeirah's first 5-star beach resort in Oman — and offers 100% foreign freehold ownership, 9 retail outlets including restaurants, a gym, medical and office buildings, plus a curated mix of villas, townhouses and apartments. Phase 1 totals 260 residences across the Zen Residences (in handover) and the newly-launched Luma Residence (240 units, launched January 2026).
Why invest here
ITC freehold
Foreign ownership
1
Active projects
Communities in Muscat Bay
Projects in Muscat Bay
Developers building in Muscat Bay
Guides that mention Muscat Bay
4 min · Long Read
Al Suwaiq Industrial City: What Investors Need to Know
Madayn's second investor briefing puts Al Suwaiq Industrial City on the radar. Here's what the opportunity looks like, what it costs, and who it suits.
4 min · Long Read
9 Million Passengers: What Oman's Airport Boom Means for Property
Oman's airports handled over 9 million passengers by August 2026 — a signal that tourism demand is feeding directly into short-term rental yields and ITC property values.
4 min · Long Read
Oman Free Zones: What They Mean for Property Buyers
Oman's free zones and industrial cities are pulling billions in committed capital — and that economic activity is directly reshaping residential property demand near Sohar, Duqm, and Salalah.
4 min · Long Read
Duqm Spaceport Launch: What It Means for Property Buyers
Oman's first spaceport just completed a test launch in Duqm. Here's how the Etlaq facility reshapes the investment case for Oman's southern economic zones.
4 min · Long Read
Duqm Special Economic Zone: What It Means for Property Buyers
A high-profile visit to Duqm's Special Economic Zone puts Oman's fastest-growing industrial hub back in the spotlight — here's what it means for real estate buyers in 2025.
5 min · Long Read
Oman Environmental Permits: What Property Buyers Must Know
Oman's Royal Decree 114/2001 requires environmental permits for high-risk developments. Here's how the law affects ITC projects and what to check before you buy off-plan.