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Al Mouj Muscat launches new residential neighbourhood

MUSCAT, October 11, 2020

Al Mouj Muscat, Oman’s leading integrated tourism complex (ITC), has announced the launch of Murooj Lanes, a new residential neighbourhood located within the popular Ghadeer District.
 
A public-private venture between Omani government and Dubai-based Majid Al Futtaim Properties, Al Mouj Muscat said strong demand is anticipated for the Phase One units of the developments due to its attractive rates.
 
The prices for a studio apartment starts from RO53,000 ($137,301) onwards, while for a three-bed townhouse that boasts modern design, spacious layouts and great views, the rates begin from RO155,000 ($401,539) onwards.
 
A mixed-use waterfront development, Al Mouj Muscat defines a luxury lifestyle and leisure destination in the heart of Muscat. The Murooj Lanes is located close to the marina and championship golf course, and within easy strolling distance of the cafes and restaurants of The Walk. 
 
In addition, there are first-class community facilities including a school, nursery, masjid, beach and parks, swimming pools, gyms, cycle and jogging paths.
 
Speaking at the launch, CEO Nasser al Sheibani said: “I am excited to announce the launch of Murooj Lanes, a beautifully crafted residential neighbourhood with contemporary urban design combined with natural landscapes, open spaces and recreational amenities - a place where people can enjoy a perfect day, every day."
 
“Despite the impact of Covid-19 on the overall economy, we have a strong belief that Murooj Lanes will receive an enthusiastic response from the market. This is because Al Mouj Muscat has a track record for creating pioneering places and products where people’s needs are at the heart of the development process and Murooj Lanes is no different,” he stated.
 
Also the Al Mouj Muscat has several attractive schemes for the investors such as the one wherein the buyer has to pay a 5% deposit to reserve a property off-plan and then make the payments on flexible terms, he added.-TradeArabia News Service



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