40% of the properties were sold during the first month.

Local and regional interest in the housing units with the lagoon view.

Muscat | 06 July, 2015

Zain Property Development announced the great attention which "Dar Al Zain" witnessed when launching phases 5 and 6, in March 2015. The company announced that the sales have exceeded expectations with strong increasing demand of citizens and investors from GCC countries. 

With respect to the impressive demand achieved by Dar Al Zain , Mr. Misha'al bin Mohammed Abdullah, Managing Director of Zain Property Development reported: "We expected a favourable response when phases 5 and 6 were launched, due to the good reputation and unique features of the project; however, the demand was stronger than our expectations. During the first month 40% of the properties were sold. Concerning phase 5, and due to the great characteristics that featured it, in terms of contemporary designs, and spectacular view over a lagoon, we witnessed a huge attention from investors and citizens".

When the two phases are completed, they will include a total of 129 residential units. Phase 5 will provide 21 spacious premium level villas. The new villas will be built circulating the artificial lagoon covering 1360 sqm, with a stunning island in the center of the lagoon. It will also have a gymnasium for its residents, together with a garden and an outdoor coffee shop.  On the other hand, phase 6 will include an additional 108 villas with three / or four bedrooms, each villa will be provided with a separate swimming pool to meet the different tastes of Omani citizens and their GCC counterparts. 

"Success in the real-estate-development sector in Oman is based on a number of factors including location, quality, design, prices, and general services. Such factors are rarely found all together in one project. For example, if the location is proximate and good, the price of the property might be high; while when the price is affordable, the quality might not be up to the standards or located in a place that lacks the basic services. We are proud to say that "Dar Al Zain" has successfully combined all these factors together. The project is located only 15 minutes away from Muscat International Airport, OCEC and the Irfan project, the upcoming business hub of the capital Muscat. Regarding the quality of the design, the best raw materials were used with the finest equipment in order to achieve the international standards. The project also consulted leading contracting companies in designing and construction. Furthermore, the prices we provide are highly competing and affordable for a large number of the community. The project also includes exclusive facilities for our residents; such as, separate swimming pools, gymnasiums  for men and women, a football field, tennis court, child care zone, children's park, an entertainment center, multi-use cinema hall, mini market, and a coffee shop. For our residents' convenience, a security and maintenance systems are provided on 24hrs basis. In brief "Dar Al-Zain" is your solution in owning your dream house."

It is expected that Phases 5 and 6 are to be completed in two years from now containing 304 villas; thus, Dar Al-Zain has become one of the largest and most successful residential real-estate projects in Oman.

Dar Al-Zain provides high quality housing and multiple financing options to suit the needs of our clients through partnerships with a number of local banks. Now, the clients can even choose their new homes at their convenience by visiting www.noor-oman.com, a feature that characterizes Dar Al- Zain Project. This unique feature is seen as an additional factor to the success of the project. The website provides the clients the chance to book their property and make online payment; they can also view the property maps, its descriptions, its location, and the surrounding facilities.

-Ends-

© Press Release 2015