Portfolio . Destinations . Opera District
Opera District
CONCEPT
Project Concept
Muscat
Destinations
Strategically located between the Royal Opera House Muscat and Al Qurum beach, the Opera District Development aims to create a vibrant, waterfront downtown destination. By integrating cultural and leisure anchors, the project will enhance the tourism offering and urban experience for both residents and visitors.
Location
Al Sarooj District, Muscat Governorate, Oman
Project Size
73,000,000
Equity Investment
OMR 36,500,000
Target Returns
- • Project IRR: 20%
- • Equity IRR: 30%
Total Land Area
70,000 SQM
Development Status
- Design Stage Deliverables
in progress - Feasibility Study Validation & Development Funding
underway
Project Gallery
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