Please update us on the current
status of Muscat Bay project? What
are the recent developments and key
milestones?
Muscat Bay is, as you see it, an intimate
natural oasis, extending over 2.2
metres square with a sea front view
surrounded by the majestic Al Hajar
mountain range. Situated in this natural
cove are a group of exclusive luxury
homes, beginning with apartments
of varying sizes and views, unique
duplexes, a variety of villas in Zaha
facing the sea and the community
park, as well as the one-of-a-kind
villas located on the Nameer island
surrounded by the lagoon. Last but not
least, we have the extravagant hill-top
Wajd villas that overlooks one of the
most beautiful bays in the region.
The phase 1 of the project is almost
nearing the completion. All the
residential units are 100 per cent ready
for delivery. The construction of the
various amenities such as groceries,
clinics and pharmacies is well in
progress, and they are expected to be
launched in a few months’ time.
We have recently launched Parkland,
a gathering point for members of the
community to host social and cultural
activities year-round. Parkland is the
perfect extension to the community
lifestyle that we have created, which
unites our various real estate offerings
by providing a range of people-centric
facilities, catering to both fitness and
leisure activities. The 18,345 square
metre park, with 9,769 sqm of covered
grass area, includes two swimming
pools, one for adults and one for
children and hosts a variety of flora
and fauna. The park land will be linked
to a Village Square which comprises
retail shopping areas and some outdoor
spaces. The Village Square will be
completed by next year. All these
amenities ensure that those who live
in the community will have all the
facilities next door to them.
When are the two five-star hotels
expected to be operational?
We have two hotels coming up at
Muscat Bay. The first one is expected
to have a soft opening by the end of
2019, and will be fully operational by
the first quarter of 2020. Construction
of the second hotel will begin in the
fourth quarter of 2019, and the project
is expected to be completed in 2021.
This will mark the end of phase 1. The
first hotel will have 206 keys while the
second will have about 74 and all rooms
will be sea-facing.When is the whole project expected to
be completed?
The whole phase 1 is expected to be
completed by 2020, except for the second
hotel which will be open by 2021.We will start working on the phase
2 from 2021 onwards once phase
one is over. It will take another two
to three years for the completion of
phase 2. In phase 2, we will be adding