Oman-based developer Musstir, part of the Mohammed Al Barwani Group, has signed a partnership agreement with the Sultanate's Ministry of Housing and Urban Planning to develop the ‘Wellness Village’ project within the $3 billion Al Jabal Al Aali development in the Wilayat of Jabal Al Akhdar.

The Wellness Village, valued at 200 million Omani rials ($520 million), will span more than 600,000 square metres (sqm) and feature 500 residential units, a 120-key resort, walking trails, indoor and outdoor swimming pools, and other leisure amenities, according to the company's press statement and local media reports.

The project will be developed over a seven-year period.

Read more: Oman expected to award Al Jabal Al Aali consultancy contract in Q3

(Writing by Deva Palanisamy; Editing by Anoop Menon)

(anoop.menon@lseg.com)

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