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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
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