| 29 Mar 2008 |
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SIDI set to launch construction of Dar Al Maha Phase II
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MUSCAT -- Sohar International Development and Investment LLC (SIDI) has emerged as one of Oman's fastest growing property developers. Adopting a new corporate identity, the company celebrated recently the successful launch of two residential complexes -- Dar Al Maha Phase I and Phase II in Darsait Heights -- Greater Muttrah. Both the projects comprise of one, two and three bedroom apartments with high quality interior finish.
Comprising of 108 flats, Dar Al Maha Phase I was completely sold out in five days when it was launched late last year. The project will be completed in 18 months with the construction starting next month. Dar Al Maha Phase II features 202 freehold units that are open to GCC nationals and expatriates with an initial down payment of only 10 per cent. "Based in the commercial hub of the city, Dar Al Maha Phase II is a great investment opportunity. In today's current scenario where property rents are soaring, investing in a home of your own is perhaps the best way forward as we are offering long-term lease.
Hence, they would no longer need to struggle with increases in rents or face instability of moving homes," stated SIDI Chairman Mahmood Mohammed al Jarwani. The twin properties will provide a high standard of living taking day-to-day practicalities into account while designing. A lot of attention is being paid to minute details and efforts are being made for maximum utilisation of space in the effort to provide a home that the owner can be proud of. SIDI has a number of ambitious projects in the pipeline and is committed to providing a series of master planned communities that will set new benchmarks in commercial and residential properties.
By A Staff Reporter
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