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Oman's Penthouse Breaks Sales Records

The Sustainable City at Yiti: A New Era for Sustainable Luxury

Record-Breaking Penthouse Sale in Oman

The Oman Real Estate Market has just made a new record with the sale of the most expensive penthouse in the country. This amazing luxury penthouse in Oman, located at The Arc in The Sustainable City โ€“ Yiti, sold for over OMR 2 million. This was during the early sales phase, and the project has already seen total sales for Phase One exceed OMR 10 million ($26 million) before the official launch. This is a clear indication of the huge demand to invest in Oman Real Estate and the confidence of both local and international buyers.

The Arc at Yiti: A New Standard for Sustainable Luxury Living

The Arc is the latest residential project within The Sustainable City โ€“ Yiti, featuring 132 luxury residences. This development, a joint venture between Diamond Developers and OMRAN Group, is not just about luxury; itโ€™s about setting a new standard. The design philosophy combines timeless architecture with modern coastal living. The pinnacle of this vision is the penthouse, which has:

  • A private, exclusive lobby with direct entry.
  • Open-plan living spaces with a high-end show kitchen.
  • Bespoke fittings, designer-crafted elements and premium materials throughout the interior.
  • An outdoor terrace with a private pool.
  • A dedicated, gated parking area for the penthouse owner, a first in Oman.

The OMR 2 Million Milestone: A New Era for Omanโ€™s Property Market

This is a historic moment for the entire Oman real estate market. Omani nationals and international investors are the main investors in this market. The developers are continually meeting the high-demand market for sustainable, purpose-driven properties that offer a complete lifestyle, legacy, and long-term investment value. This is a new era for Omanโ€™s property market, and it is doing well in the regional luxury and sustainability space.

Yitiโ€™s Rising Star: Driving High-End Real Estate Demand

Yiti is the cornerstone of Omanโ€™s Vision 2040, the countryโ€™s first net-zero emissions community. Spanning almost 1 million sqm, itโ€™s a live-work-thrive model that integrates residential, commercial, and recreational facilities. The projectโ€™s commitment to the environment is reflected in its sustainability targets:

  • 100% water recycling: No water will be wasted.
  • 100% waste diversion from landfills: Advanced systems to recycle all waste.
  • 80% food self-sufficiency: Growing a significant portion of the communityโ€™s food locally.

This is why demand for Oman real estate is on the rise.

Frequently Asked Questions

The Oman penthouse at The Arc at Yiti is unique and exclusive. It has a private entrance, private pool and gated parking. The interior has high end show kitchen and bespoke designer elements. It also has unobstructed sea, mountain and marina views which contributed to the record price.

This is a new record in the Oman Real Estate. It shows there is strong demand from local and international investors for sustainable high end properties. It also solidifies Oman as a growing hub for luxury real estate and The Sustainable City as a successful, large-scale scale purpose-driven project.

Further Reads

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