9 November 2026, 12:01 GMT

Al Yazan Mutrah waterfront scheme launched with 1,500 homes.

Omran and VA Group unveiled the mixed tourism and residential project on the Sultan Qaboos Port frontage in Mutrah on 8 November 2026.

ByOmnia DeskThe Omnia Markets news desk3 min read1 source

Al Yazan Phase 1A, Oman. From the Omnia catalogue

Atheer reported in Arabic on 9 November 2026 that Sayyid Bilarab bin Haitham Al Said, Minister of State and Governor of Muscat, sponsored the previous day’s launch of the integrated tourism complex Al Yazan on the waterfront of Sultan Qaboos Port in Mutrah. The scheme is overseen by Oman Tourism Development Company Omran and VA Group. Atheer said it will hold about 1,500 residential units on roughly 18.5 hectares.

According to the same report, residential floorspace totals 180 thousand square metres across three phases, with buildings stepped from the mountain slopes toward the coast. Public elements include a sea promenade of more than 400 metres, a pedestrian street with shops, restaurants and cafes, commercial space of 25 thousand square metres, and green areas of 30 thousand square metres, plus a crescent plaza with an open amphitheatre, multi-use sports courts and children’s play zones. Unit prices, freehold status for foreign buyers and a full delivery timetable were not published in that coverage.

Omran chief executive engineer Ayyad bin Ali Al Balushi was quoted saying the launch adds a residential and urban component that strengthens the destination’s mix. VA Group managing partner Roman Kapinos said the group sees opportunity in Oman under Vision 2040 and called Al Yazan its first fruit there. Atheer also recalled the wider Omran waterfront plan of about one million square metres in four zones; how Al Yazan sits inside that plan beyond the figures above was not detailed.

From the JournalMuscat, where the sea meets the soul of Oman.

Our take

Omnia Desk

Mutrah’s waterfront product mix is shifting; the foreign-buyer map is not.

Buyers already watching Mutrah now have a large mixed tourism and residential scheme on the Sultan Qaboos Port edge, not only hotel or retail talk. The launch puts roughly 1,500 homes and stepped hillside-to-coast blocks into the local stock conversation, which can change long-term demand and the type of product on offer around that waterfront. It does not, on the published facts, rewrite who may own what.

We already list Al Yazan Phase 1A, Al Yazan Tower A and Al Yazan Tower B as under construction with VA Group. The Atheer figures on phases, the 400-metre walk and the commercial and green parcels give a clearer public envelope for those cards, but they still leave prices and foreign freehold routes unstated. Ordinary foreign purchase in Oman remains channelled as our Gulf buyer costs and ownership tracker sets out; this launch does not move that map.

The check for anyone weighing Mutrah stock is simple: confirm title route and phase timing on the specific tower or plot, not the ceremony. The scheme may thicken residential supply beside tourism uses; it does not by itself open new ownership zones.