A new Integrated Tourism Complex is coming to Al Bustan. On 28 March 2026 an agreement was signed for a RO 150 million ITC led by OMRAN Group, anchored by a Four Seasons hotel and including 91 branded freehold residences and a marina, with construction expected over about four years.
Key facts
- Location: Al Bustan bay, between Old Muscat and the coastal resorts to the south-east.
- Lead: OMRAN Group.
- Hotel: Four Seasons.
- Residences: 91 branded freehold units.
- Investment: RO 150 million.
- Timeline: about four years of development from the 2026 agreement.
Why branded residences?
Branded residences combine private ownership with hotel-grade services such as concierge, housekeeping and dining. Globally they tend to attract buyers who want low-maintenance luxury and a recognisable operator. In Muscat, Mandarin Oriental Residences at Shatti Al Qurum is an established example.
What we know — and don’t yet
Sales launch dates, unit types, prices and service charges have not been published. Register your interest to receive updates. Before buying any branded residence, review the hotel management agreement terms that affect owners, service charges and any rental programme.
See the Al Bustan ITC project page, compare with the Muttrah waterfront nearby, and explore all ITCs in Oman.
Frequently asked questions
How many residences will Al Bustan ITC have?
91 branded freehold units, according to the March 2026 announcement.
Can foreigners buy?
As an ITC, eligible units can be owned freehold by non-Omanis once sales open.
Information checked 16 September 2026. Source: Muscat Daily (28 Mar 2026). General information only.
Cover photo: Joe Castleman (CC BY-SA 3.0), via Wikimedia Commons