Oman’s property market has reached a historic milestone with the record-breaking sale of the nation’s most expensive penthouse at The Arc, The Sustainable City – Yiti. The luxury residence was sold for more than OMR 2 million ($5.2 million), setting a new benchmark for sustainable luxury living in the region. Developed by Diamond Developers and OMRAN, the project reflects the ambitions of Oman Vision 2040, blending smart infrastructure, net-zero emissions, and a future-ready lifestyle.
Early demand has been overwhelming—phase one sales crossed OMR 10 million ($26 million) even before the project’s official launch, showcasing strong confidence from both regional and global buyers.
A Record Sale That Sets a New Standard of Luxury
The sale of this penthouse has not only set a national record but also redefined what luxury means in Oman’s real estate landscape.
Price Tag: Over OMR 2 million ($5.2 million)
Early Sales: Phase one exceeded OMR 10 million before launch
Unique Location: Positioned to capture panoramic views of the sea, mountains, and marina
Inside, the penthouse offers expansive open-plan living areas, a signature show kitchen, and interiors crafted with bespoke fittings and premium materials. The residence also includes:
A private entrance through an exclusive lobby
A sprawling outdoor terrace with a private pool
Reserved gated parking, a first-of-its-kind offering in Oman
Mahmoud Shehada, Chief Sales & Marketing Officer at The Sustainable City – Yiti, emphasized the significance of the achievement:
“To secure the nation’s most expensive penthouse sale alongside more than OMR 10 million in total phase one sales before our official launch speaks volumes about buyer confidence in our vision. Lifestyle, legacy, and long-term investment value are seamlessly integrated here.”
Setting a New Benchmark for Sustainable Living at The Arc
The Arc introduces 132 fully serviced luxury residences, designed to combine timeless architecture with modern coastal living, all while championing sustainability and wellness.
Key highlights of The Arc include:
Three distinct residential collections tailored for elegant, eco-conscious living
Demand from both Omani nationals and international investors
Strategic integration into a larger master-planned community
The development continues the success of earlier villa and apartment launches within The Sustainable City – Yiti, and is on track for full completion by 2026.
More than just homes, The Arc contributes to a wider ecosystem of residential, commercial, hospitality, educational, and recreational spaces—making it a flagship project under Oman’s Vision 2040.
Oman’s First Net-Zero Community: The Sustainable City – Yiti
Spanning one million square meters along the Gulf of Oman coastline, The Sustainable City – Yiti is envisioned as Oman’s first net-zero community. The project is a joint venture between Diamond Developers and OMRAN Group, combining international expertise with local development goals.
This masterplan follows a “live-work-thrive” model, featuring:
Renewable energy infrastructure
Fully walkable neighborhoods
Wellness and equestrian facilities
Educational institutions and hotels
Retail and leisure hubs
The project also aims to serve as a research and education hub for sustainability practices, setting an example for other cities in the region striving toward carbon neutrality.
Diamond Developers, known globally for pioneering sustainable communities, has ensured that every aspect of planning—from energy and water management to urban mobility—is aligned with environmental, social, and economic sustainability, without inflating development costs compared to conventional models.
Conclusion: A Glimpse into Oman’s Future
The record-breaking penthouse sale at The Arc is more than a luxury real estate milestone—it signals a shift in market preferences toward sustainable, future-ready living. As Oman moves forward with its Vision 2040 goals, The Sustainable City – Yiti stands as a symbol of innovation, resilience, and global competitiveness in the property sector.