Al-Mazaya signs OMR 5.7m contract for Mazaya Residence in Oman
Al-Mazaya Real Estate Company Oman, a subsidiary of Al-Mazaya Holding Company, has awarded an OMR 5,691,000 contract to Al-Hajiry Trading LLC for the construction, execution, delivery and maintenance of its Mazaya Residence, a residential and commercial development, strategically located in Al-Seeb Province, in the heart of Muscat.
Spanning over a 6,614 squaremeters in area, the project has been awarded to the Omani company following a call for the best of the qualified bidders who can serve the company’s interests in terms of quality and completion deadlines.
Al-Hajiry Trading is a pioneering, dynamic business with 2500-strong work force, boasting more than 21 years of professional experience through 19 platforms of building and construction in the Omani market.
The 22-month contract was signed by Ibrahim Al-Soqabi, Group CEO Al-Mazaya Holding and Jason Sam Varghese, Executive Director of Al-Hajiry Trading Projects Division. The signing ceremony was attended by Rashid Yaqoub Al-Nafisi, Al-Mazaya Board Chairman; Nasser Khamis Al-Hashar, Board Chairman of AlHajiry Trading; Eng. Salwa Malhas, Chief Business Development, Marketing & Sales Officer; Dr Abdulaziz Jarkas, Chief Projects Development Officer and Sam Varghese the Managing Director of Al-Hajiry Trading.
Commenting on the development, AlSoqabi said, “Al-Mazaya Residences is the company’s second investment in Oman. It is a well-integrated and distinguished residential oasis, providing apartments in modern, unique designs. We take care of the most delicate details, allowing its residents to enjoy a luxurious living environment, full of comfort and convenience.”
The project boasts120 residential units, including one-bedroom, two-bedroom and three-bedroom flats and 28 shops of various sizes with high-end amenities, landscaped areas and nature. The amenities include swimming pools, health clubs and tennis playgrounds along with a spacious underground car park sprawling beneath the entire space of the residential building. The project stands out as an attractive opportunity for residents looking for investment or housing.
Al-Soqabi added, “Mazaya Residence apartments adhere to the highest design standards that include the best use of space, satisfying all modern life requirements. The residence offers a variety of designs with its 68 by 74 meter one-bedroom, 99 by 110 meter two-bedroom and 142 by 154meter three-bedroom apartments. The project is protected 24/7 by a sophisticated surveillance system to suit the specific security needs of the residents. In addition, they are provided with best satellite and internet services in the area.”
Al-Mazaya Holding is now developing a massive publicity campaign for launching the project in Oman first, which will be followed by another campaign to promote the project in other Gulf markets by early next year.
According to Al-Soqabi, the promotion campaign will be officially launched via print and social media in the presence of Omani dignitaries, company senior management, and media representatives. He noted that the project’s residential units and shops will be offered at competitive prices and can be purchased through easy installments in order to draw the largest possible numbers of clients.
Al-Soqabi concluded that Al-Mazaya Holding adopts a forward-thinking vision for the Omani market, expressing hope that upon the completion of the project, the company will continue its presence in the Omani market.