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Over 450 apartments to be developed
Muscat - Awarding two new contracts with a combined worth of OMR 31.7 million to Al Turki Enterprises LLC, Al Mouj Muscat, Oman's leading waterfront community, marks the next exciting stage in its development. The first contract, with a value of OMR16 million, is for the construction of The Gardens, a four-block precinct adjacent to Almouj Marina comprising 242 high-end residences. The second is for the development of Marsa Gardens, a OMR 15.7 million marina-side precinct consisting of three blocks offering 232 one and two-bedroom with garden view apartments.
The agreement was signed by Nasser AL Sheibani, Acting CEO of Al Mouj Muscat, and Devki Khimji, Executive Director at Al Turki Enterprises during a special ceremony held at Almouj Golf.
Speaking at the signing Al Sheibani commented, "These two precincts are not only unique because of their lush green surrounds, but also because they are close to Almouj Marina, Almouj Golf, The Walk; the high-end shopping and dining hub, and the beach, all right in the heart of Muscat, bringing unmatched value proposition for investors and home-owners"
Al Sheibani added, "Taking leisure and lifestyle living to another level, both The Gardens and Marsa Gardens will be among the first apartments at Al Mouj Muscat to offer dedicated concierge space, state of the art gym and outdoor lap pool in addition to landscaped leisure deck and a multipurpose room offering great opportunities for relaxation and entertainment with family and guests. From the impressive double height lobby areas to the underground car park, every detail is integrated for a better way of living great moments for our customers every day."
"Despite the current challenging economic conditions, demand for Al Mouj Muscat lifestyle continues. Indeed, we are delighted to be able to meet this demand as we continue to develop innovative precincts, amenities and assets. With construction contracts awarded to Al Turki which brings more than 36 years of local and international industry experience, we are underlining our commitment to deliver the homes as per schedule and quality," he concluded.
"Al Turki is delighted to extend its nine-year relationship with Al Mouj Muscat by being selected to deliver these next phases of Oman's leading residential development," commented Devaki Khimji, Executive Director at Al Turki Enterprises.
"Our continuing collaboration has built a highly successful team approach which has resulted in the timely and safe delivery of properties and community assets that meet the highest international standards. We look forward to continuing to meet the needs of Al Mouj Muscat and its burgeoning community," commented Mohit Khimji, CEO - Group Divisions, Al Turki Enterprises.
Shaping the future of real estate in Oman, Al Mouj Muscat is constantly innovating, refreshing its Masterplan and adding assets, fixtures and facilities to ensure an optimum experience for its community and reflecting the evolving needs of the market. The highly sought-after properties of Al Mouj Muscat are already home to more than 4,000 people from more than 69 nationalities.
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About Al Mouj Muscat
Formerly known as The Wave, Muscat, Al Mouj Muscat is the Sultanate's leisure and lifestyle destination and is a unique public-private venture between the Government of the Sultanate of Oman and the UAE-based Majid Al Futtaim Properties.
Spread along a stunning 6 km stretch of Muscat's coastline, this world-class Integrated Tourism Complex comprises a group of luxury residential properties including Villas, Townhouses and Apartments, commercial units, retail and dining facilities and Oman's only signature designed PGA Standard 18 hole links golf course, designed by Greg Norman. Al Mouj Muscat is also home to the 400 berth Almouj Marina, Oman's largest private yachting hub and most recently The Walk, a 69 unit retail area which forms the commercial and leisure hub of the community.
The next phase of development will see luxury hotels, new residential leisure and hospitality offerings. Al Mouj Muscat is a phased development which provides a world-class lifestyle destination.
For more information please visit our website: www.almouj.com
For media inquiries, please contact:
Shaza Taher
Director - Media Relations
TRACCS Public Relations
Tel: +968 24 649-099
Email: shaza.taher@traccs.net
© Press Release 2016
