RO8mn commercial, leisure project announced for Salalah

RO8mn commercial, leisure project announced for Salalah

Muscat – Two leading real estate companies of Oman have joined hands to develop one-of-its kind commercial and leisure project in Al Saada area of Salalah, in the governorate of Dhofar.

Tibiaan Properties and Al Tamman Real Estate Company signed a contract to develop and market the project, which will include commercial units suitable for offices, retail stores, restaurants and cafés among others.

The cooperation comes to deliver premium projects in Dhofar governorate, where demand is rising for quality real estate projects, a press release stated.

‘The project is named ‘Ajwaa’, which in Arabic refers to the beautiful weather Salalah enjoys throughout the year, thus reflecting the opportunities this project offers to investors in both corporate and individual capacity.’

The location for the project was carefully selected within one of the most vibrant areas in Salalah on the Sultan Taimur Street in Al Saada, with an easy access to all parts of Salalah, the release added.

‘The RO8mn project – Ajwaa – will represent a distinctive investment destination, as it will allow individuals and institutions the opportunity to own a commercial space for their own business or to rent it out. Spread on an area over 20,000sqm, the project includes more than 220 commercial spaces