Al Sharqiya Real Estate & Investment Company is a leading real estate developer in Oman. The company was founded in the year 2007 and has seen steady growth since inception. The dynamic team is brimming with creative ideas to develop prestigious real estate projects.
The company has grown steadily to build a long-standing reputation for itself in the real estate market in Oman. Through the persistent hard work and dynamic efforts of its management, the company has reached a place of esteem in the real estate industry in Oman. Today, the company has emerged as one of the most preferred developers with bigger landmark projects being added each year to its portfolio.
Al Sharqiya’s core business activities include real estate investment, construction, supply of building materials, and the purchase, sale and management of properties. Real estate investments involve acquisition, development and sale or leasing of commercial and residential properties. Al Sharqiya is an importer and local dealer for many prestigious brands of building materials available in the market. The focus is on becoming a vertically and horizontally integrated company to reduce dependency on other service providers.
Al Sharqiya has a proven track record of designing and implementing commercial and residential projects that meet the customer needs in a most affordable manner. Over a span of two decades, the company has developed prestigious projects reflecting new standards of excellence in the real estate industry. Some of the landmark projects designed and developed by Al Sharqiya for Real Estate Development in Muscat, in the capital region, include: a commercial complex - Al Khamis Plaza in Qurum area.
Commercial-cum residential projects such as: Al Safa House (in Central Bank District in Ruwi), Al Khair House and A’Seeb House (in Wilayat A’Seeb) and a unique complex comprising 9 deluxe villas in Madinat Sultan Qaboos. Finally, the Sur Gate project is the crowning jewel of this large portfolio and a much bolder step by Al Sharqiya in the field of real estate development.
Sur is the capital for the Al Sharqiya region and it is one of the Sultanate’s most important natural reserves. The city still upholds its reputation as a major dhow-building town. Sur played a historical role in trade and navigation in the Indian Ocean. Besides marine activity and ship building Sur is famous for historical and natural tourism places such as caves, cliff, castles and beaches. It is also known for wood and textiles and produces a number of agricultural crops.
The estimated population of Sur in the year 2013 was approximately 96,080. This is the highest in the area, compared to the other wilayats of Al Sharqiyah region in the South. The population is estimated to grow to 100,000 in the year 2014. Sur city has the most potential for trade and economic growth, so in this term the Sur Gate project will play a major role to facilitate the economical and tourism development in the Sultanate.
Sur has entered a new phase of development with considerable increase in commercial activities and industrial development taking place in the city. The city is poised for a major economic growth with tremendous business opportunities in the commercial, manufacturing, tourism and real estate sectors.
Sur Gate project is considered a golden investment opportunity for investors. It is proposed to be a fully integrated modern Real Estate Development located at the entrance of Wilayat Sur. This project, spread across an area of 217,000 sq. meters will comprise of residential and commercial establishments backed by comprehensive infrastructure and amenities. The residential and commercial space will respectively occupy 30,135 sq. meters and 184,665 of land. It gives us great pride to say that the construction quality and design match to international standards with all requirements of modern style living, in place, and will include:
City Walk – A part of Sur Gate project offering Service, Retail and Entertainment – Phase I is under construction.
The aim is to develop a "Real Estate Development" that offers a perfect ambience for people residing in the area, or looking for a real estate investment opportunity. It will provide its residents with quality lifestyle supported with all available modern conveniences.
The project will offer an excellent residential environment in the form of villas, townhouses and apartment blocks having different specifications in terms of design and size.
This integrated project, set in a green environment, will offer access to all the amenities of modern living within its confines. It will have world class recreation facilities in the form of a shopping mall, luxury hotel and hyper market - all located close at hand. A grand and exclusive luxurious hotel, having the requisite facilities and built on the latest architectural concept, is an integral part of this project.
A massive shopping mall sprawling across 71,442 sq. meters of land will gratify all the shopping needs ranging from fashion to lifestyle products. A hypermarket, food court, shops and other family entertainment options will add the element of entertainment. An adequate area will be earmarked for the banquet hall for cultural, festival and religious requirements of the residents. Keeping in view of the existing and future needs of parking requirements for such a large "development", there will be ample space allocated for providing various parking lots.
Master Plan of Sur Gate Project