Opera District Development

Opera District Development - 1
Opera District Development - 2
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Opera District Development - 5

Location:
Al Sarooj District, Muscat Governorate, Oman

Project Size:
OMR 73,000,000

Equity Investment:
OMR 36,500,000

Target Returns:

  • Project IRR: 20%
  • Equity IRR: 30%

Total Land Area:
70,000 SQM

Project Concept:
Strategically located between two key landmarks — the Muscat Royal Opera House and Al Qurum beach — the Opera District Development aims to create a vibrant, waterfront downtown destination. By integrating cultural and leisure anchors, the project will enhance the tourism offering and urban experience for both residents and visitors.

Development Status:

  • Design Stage Deliverables in progress
  • Feasibility Study Validation & Development Funding underway
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