First, second phase of Murooj Lanes homes sell out within 48 hours of release

MUSCAT: The first and second phase of residential properties at Murooj Lanes, a new neighbourhood launched at Al Mouj Muscat, sold out within 48 hours of its release, demonstrating the appeal of this well-established oceanfront community.

Al Mouj Muscat is Oman’s leading Integrated Tourism Complex (ITC) and a public-private venture between the UAE-based Majid Al Futtaim Properties, OMRAN and Tanmia, now home to over 6,000 residents from 85 different nationalities.

Its latest release of apartments and townhouses are located within the much sought-after Ghadeer District which is set at the heart of Al Mouj Muscat, close to and supported by a comprehensive mix of leisure, retail and community facilities.

The successful launch of Murooj Lanes reflects attractive pricing options particularly suited to first-time investors and homeowners, with studio apartments starting from OMR53,000 and a three-bed townhouse costing from just OMR155,000.

“We are delighted by the enthusiastic response to Murooj Lanes and we are confident that phase three will be equally successful given the winning combination of pricing, location and flexibility where buyers can reserve a property with as little as a 5 per cent down payment,” says Nasser Al Sheibani, CEO of Al Mouj Muscat.

Al Mouj Muscat is now taking bookings for phase three of Murooj Lanes, where prices are at a similar level as the previous two phases.