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Officials celebrating the signing of MAD project deal.

Officials celebrating the signing of MAD project deal.

Dar Global, Art District tie up for new $4.2bn Oman coastal destination

01 January 2026

Dar Global, the London-listed luxury real estate developer, has joined forces with Art District Real Estate Development, for its ambitious project – Muscat Marine, Art & Digital District (MAD) – in Oman.

Located along Oman’s picturesque coastline, MAD spans over 1.5 million sq m with a gross development value of RO1.6 billion ($4.2 billion) for all development phases which will be implemented over 12 years.

Conceived as a multi-destination city,  it brings together luxury residential communities, cultural venues, world-class marinas, curated retail, next-generation finance and business parks, and premium hotels.

It is designed to elevate the sultanate’s global standing by merging sea-view living, luxury hospitality, cultural expression, and future financial and digital sectors into one unified ecosystem, said Dar Global.

The district will invite affluent travellers, global investors, art collectors, tech founders and creative entrepreneurs to live, work and connect within a single, seamless experience rooted in Oman’s maritime identity and economic vision.

On the new project, CEO Ziad ElChaar said: “MAD represents a defining step in how Oman’s coastline will be experienced and how its future economy will emerge.”

“Together with Art District Real Estate Development, we are building a destination that goes beyond real estate to empower enterprise, attract global talent, support cultural production and unlock new economic value. ‘MAD’ is a new gateway for Oman, one inspired by the sea and shaped by innovation,” he stated.

The district will host private marinas for mansions, global art expos, digital incubators, a financial centre, and a cultural calendar of global events, he added. 




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