01 July 2017

Al Mazaya Holding, a leading real estate developer in Kuwait, said its debut project in Oman was progressing on schedule for handover next year with 20 per cent of the construction work already completed.

Strategically located in Al Seeb Province in the heart of the Omani capital, the landmark mixed-use Mazaya Residence targets Omanis as well as other GCC nationals as potential buyers, said the company.

Construction work on Mazaya Residence’s foundation and basement, which spreads over 6,614 sq m, has been completed as it will help to start the main upper construction work and external structure. 

Commenting on the project’s progress, Salwa Malhas, the chief business development and marketing and sales officer at Al Mazaya Holding, said: “Since the project is progressing well, the company has started promoting the project in Oman and other markets in the region.”

Mazaya Residence is located in one of Muscat’s most vibrant locations near major shopping malls, she stated.

According to Malhas, the project stands out as an attractive opportunity for different segments of society looking for the investment or own use.

Mazaya Residence, she said, is one of the important real estate developments in Oman that meets the divergent needs of all segments of society.

“It offers valuable opportunities to home seekers of decent housing units in a vibrant market with strong tourist and economic potential thanks to the project’s promising and divergent investment prospects that augur well for the future of the sultanate and set itself apart from other markets in the region,” she said.

The project also offers integrated services and utilities including pools, tennis courts, kids play areas, and fitness clubs for both genders, which altogether ensure an integrated community and hospitable environment.

Mazaya Residence is due for completion next year.

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