The Malak Tower project in Muscat is set to be a game-changer in the real estate development scene in Oman. With a total construction area of approximately 17 thousand square meters and an investment value of OMR 12 million, the project is expected to be completed by the end of 2027. The tower will be a first-class office building consisting of 12 floors, including two basement floors for parking, a ground floor dedicated to commercial spaces, and nine floors for offices. This project marks a strategic partnership between His Highness Sayyid Kamil bin Fahd Al Said, the owner of the project, Al Khalili Group as the developer, and Tabyan as the marketer and manager.
Sayyid Kamil bin Fahd Al Said emphasizes that the Malak Tower project is not just a real estate tower, but a joint effort that adds value for businesses and investors. The strategic location of the tower overlooking Sultan Qaboos Street provides it with privacy, a unique status, and a distinctive commercial value. This street is an important commercial axis connecting the past, present, and future, and is expected to enhance commercial activity in the region and create new investment opportunities. The project launch ceremony was sponsored by His Excellency Abdul Salam bin Mohammed Al Murshidi, Chairman of the Oman Investment Authority, and was attended by various dignitaries and business owners at the W Hotel.
One of the significant advantages of the Malak Tower project is that it will offer companies and individual investors the opportunity to own office and commercial spaces at competitive prices. The project aims to provide investment opportunities in a prime location with attractive payment plans for buyers, allowing them to pay the purchase value in suitable stages. This approach is expected to attract a diverse range of companies and commercial institutions, thus enriching the business ecosystem within the tower and promoting economic growth in the region.
The collaboration between His Highness Sayyid Kamil bin Fahd Al Said, Al Khalili Group, and Tabyan underscores the importance of cooperation in delivering high-quality real estate projects that cater to the needs of business owners and investors in Oman. The partnership aims to launch value-added projects that meet the evolving demands of the market and contribute to the overall development of the real estate sector in the Sultanate. The Malak Tower project stands as a testament to this commitment, offering a blend of luxury, functionality, and strategic location that is set to redefine the skyline of Muscat.
With the completion of the Malak Tower project, the Ghala area in Muscat Governorate is poised to witness a transformation in its real estate landscape. The tower’s modern design, state-of-the-art facilities, and prime location overlooking Sultan Qaboos Street position it as a prestigious commercial destination for businesses looking to establish their presence in Oman. The project’s focus on providing competitive pricing, attractive payment plans, and opportunities for investment signals a new era of growth and prosperity for the region. As the project nears its completion date in 2027, stakeholders are eager to witness the impact of the Malak Tower on Muscat’s real estate market and business community.
In conclusion, the Malak Tower project in Muscat represents a significant milestone in the real estate development sector in Oman. With its strategic location, high-quality design, and focus on providing value-added opportunities for businesses and investors, the project is poised to elevate the commercial landscape of the region. The collaborative efforts of key stakeholders, including His Highness Sayyid Kamil bin Fahd Al Said, Al Khalili Group, and Tabyan, highlight the commitment to delivering innovative and impactful projects that contribute to the growth and prosperity of the Sultanate. As the project progresses towards its completion, the anticipation for the unveiling of the Malak Tower in 2027 grows, promising a new era of success and development for Muscat.
