20 per cent of construction of Mazaya Residence completed

MUSCAT: Al Mazaya Holding has announced that up to 20 per cent of the construction work has been completed so far on its Mazaya Residence, the company’s maiden development in Muscat.

Strategically located in Al Seeb in the heart of the Omani capital, the landmark development targets Omanis as well as other GCC nationals as potential buyers.

Construction work on the project’s foundation and basement, which spreads over 6,614 square metres, has been completed. It will help to start the main upper construction work and external structure. The project is due for completion during 2018.

Since the project is progressing well, the company has started promoting the project in Oman and other markets in the region. Al Mazaya Holding has launched a Ramadhan promotional campaign offering discounted prices and also attractive easy instalment plans for its 120 Mazaya Residence apartments and 28 retails shop. The project stands out as an attractive opportunity for different segments of society looking for the investment or own use.

The mixed-use project 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.