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Yenaier Residences vs Joud vs Hay Al Wafa (Sultan Haitham City 2026): Prices & 5- to 10-Year Payment Plans

Oman Property Index Research Team13 min read
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Sultan Haitham City has three off-plan neighbourhoods that answer three different buyer questions: Yenaier Residences offers the longest payment plans (up to 10 years), Joud by Talaat Moustafa asks the smallest booking (2.5%) and the lowest price per square metre, and Hay Al Wafa hands over first, from mid-2027. This guide puts them side by side on price, cost per square metre, how much cash each needs and when, what each plan is worth in today's money, fees, and residency.

OMR 54,600

Yenaier studio

64 sq m, VAT included

2.5%

Joud booking

17.5% more within a month

Mid-2027

Hay Al Wafa first handover

Earliest of the three

Up to 13%

Plan value vs cash

Yenaier 10-year, at 4.50%

The three projects at a glance#

Yenaier ResidencesJoudHay Al Wafa
DeveloperAdanté Realty (Al Adrak Group)Talaat Moustafa GroupAl Abrar Real Estate
Size770+ homes, six towers up to 8 storeys7,746 homes on 2.7 million m²Apartments, townhouses and villas
HomesStudios to penthouses, fully finishedApartments and villas, finished, unfurnishedApartments, row homes, villas
Entry pointStudio about OMR 54,6002-bed about OMR 78,437Apartments from about OMR 65,600
BookingFrom 2.5%2.5%20%
HandoverFrom Q4 2027; later towers to 2029Q1 2030From mid-2027 to Dec 2028
Best forBuyers who want the longest planValue per m² and spaceBuyers who want keys soonest

Yenaier Residences#

Yenaier Residences at a glance

Developer
Adanté Realty, part of Al Adrak Group (contracts issued by Adrak Developers LLC)
Launched
January 2025
Scale
More than 770 residences in six towers
Finish
Fully finished, smart-home system, EV charging in parking
Handover
From Q4 2027; later towers to June 2029
Service charge
About OMR 3 to 4 per m² a year (studios)

2026 offers, VAT included. USD at 1 OMR = 2.6008 USD.

UnitSizePrice (OMR)Price (USD)OMR per m²USD per sq ft
Studio64.28 m² (692 sq ft)54,600142,000849205
1-bedroom87.7 m² (944 sq ft)72,450188,400826200
2-bedroom129.97 m² (1,399 sq ft)95,550248,500735178
2-bedroom, luxury package overlooking the Mini Plaza124.24 m² (1,337 sq ft)123,750321,800996241

Payment plans offered on Yenaier:

PlanStructure
Five-year (60/40)2.5% reservation, 12.5% within 15 days, 15% at month 12, 15% at month 24, 15% on handover, 40% over 24 months after handover
Ten-year10% initial, 30% during construction, 20% on handover, 40% over 84 months after handover
Express50% down, 50% on completion

A booking deposit (expression of interest) of OMR 1,000 plus VAT secures a unit while the contract is prepared. On the five-year plan the 2-bed works out as OMR 2,389 to reserve, OMR 11,944 within 15 days, then OMR 14,333 at months 12 and 24 and at handover, and OMR 38,220 spread over the two years after handover.

Joud by Talaat Moustafa Group#

Joud at a glance

Developer
Talaat Moustafa Group (founded 1970)
Scale
7,746 homes (5,352 apartments, 2,394 villas) on 2.7 million m²
Open space
Nearly half the land is green and open space
Finish
Fully finished, unfurnished
Handover
Q1 2030
Parking
Two covered spaces per villa; parking in each apartment building

Starting prices by type. USD at the peg.

UnitSizePrice (OMR)Price (USD)OMR per m²USD per sq ft
2-bedroom106 m² (1,141 sq ft)78,437204,000740179
3-bedroom144 m² (1,550 sq ft)109,620285,100761184
4-bedroom184 m² (1,981 sq ft)122,578318,800666161
Villa223 m² (2,400 sq ft)158,567412,400711172

Joud's 4.5-year plan: 2.5% on booking, 17.5% within one month, 15% at month 12, 15% at month 24, then three instalments of 15% every six to eight months, and the final 5% on completion. Because the units are handed over unfurnished, budget roughly 8 to 12% of the price for furniture and fit-out.

Hay Al Wafa by Al Abrar Real Estate#

Hay Al Wafa at a glance

Developer
Al Abrar Real Estate (in Oman since 2008)
Homes
Apartments, garden row homes, semi-detached and detached villas
Healthcare
Agreement signed for a private hospital and a government health centre in the district
Handover
Apartments from June 2027; villas December 2027; row homes December 2028

Reference units, VAT included. USD at the peg.

UnitSizePrice (OMR)Price (USD)OMR per m²USD per sq ftPlanHandover
2-bedroom (Type C)115.02 m² (1,238 sq ft)93,114242,20081019620% + 60 monthsJune 2027
Garden row home225 m² (2,422 sq ft)156,975408,30069816920% + 48 monthsDec 2028
Villa 400429.88 m² (4,627 sq ft)248,256645,700578140On requestDec 2027

Smaller apartments have been released from about OMR 65,600. Hay Al Wafa's villas offer the most built area per rial of any project in this guide, at under OMR 600 per sq m.

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Capital commitment: how much cash, and when#

This is the table that decides most purchases: what each project asks for up front, by handover and afterwards.

PlanBookingPaid within the first monthPaid by handoverPaid after handover
Yenaier five-year2.5%15%60%40% over 24 months
Yenaier ten-year10%10%60%40% over 84 months
Joud 4.5-year2.5%20%95%5% on completion
Hay Al Wafa 2-bed20%20%about 30% (June 2027)about 70% over the remaining months

What each plan is worth in today's money#

Discounting every payment at Oman's 4.50% reference rate (the Central Bank of Oman repo rate since September 2026), and at 5.25% as a stress case, shows the real cost of each plan as a share of the list price:

PlanPresent value at 4.50%At 5.25%Effective saving vs cash today
Yenaier ten-year86.6%84.7%13.4% to 15.3%
Yenaier five-year89.7%88.2%10.3% to 11.8%
Joud 4.5-year91.3%90.0%8.7% to 10.0%
Hay Al Wafa 20% + 60 months91.7%90.4%8.3% to 9.6%
Hay Al Wafa 20% + 48 months93.2%92.2%6.8% to 7.8%
Yenaier express 50/5097.5%97.1%2.5% to 2.9%

On the Yenaier two-bedroom at OMR 95,550, the ten-year plan is worth about OMR 12,800 in today's money against paying in full. Where a cash discount is offered instead, compare it with these figures: a cash discount smaller than the plan's value is the weaker deal for a buyer who can earn the reference rate on their money.

Fees and running costs#

ItemRateNotes
VAT on a developer's first sale5%Included in the Yenaier and Hay Al Wafa prices above; confirm on Joud quotes
Registration fee3% foreign buyer, 1% Omani buyerAbout OMR 2,866 for a foreign buyer on the Yenaier 2-bed
Service chargeAbout OMR 3 to 4 per m² a year quoted at Yenaier; confirm per projectAbout OMR 390 to 520 a year on a 130 m² unit
Annual property taxNone
Municipality tax on rent3% of rentOnly if you let the home

Residency#

The residency route reported for Sultan Haitham City purchases opens once at least 30% of the price is paid: a renewable two-year residence, which also covers first-degree family when the property is worth more than OMR 50,000. Every unit in this guide is above that line. When each plan crosses 30%:

PlanReaches 30% paid
Yenaier five-yearMonth 12 (2.5% + 12.5% + 15%)
Yenaier ten-yearDuring construction
Joud 4.5-yearMonth 12 (20% + 15%)
Hay Al Wafa 20% + 60 monthsAbout month 8

The 10-year Golden Residency's property route is defined for property worth OMR 200,000 or more inside an Integrated Tourism Complex. For the Hay Al Wafa villa or any Sultan Haitham City unit above OMR 200,000, confirm eligibility with the Royal Oman Police before relying on it.

Rent scenarios#

There is no rental history in Sultan Haitham City yet. Net allows 10% for management and vacancy and the service charge shown.

UnitPriceRent per monthGross yieldApprox. net yield
Yenaier 2-bed (130 m², service charge about OMR 455)OMR 95,550OMR 380 / 430 / 4804.8% / 5.4% / 6.0%3.8% / 4.4% / 4.9%
Joud 2-bed (106 m², service charge about OMR 530)OMR 78,437OMR 330 / 370 / 4105.0% / 5.7% / 6.3%3.9% / 4.4% / 5.0%
Hay Al Wafa 2-bed (service charge about OMR 400)OMR 93,114OMR 360 / 400 / 4404.6% / 5.2% / 5.7%3.7% / 4.2% / 4.7%

On a long plan the yield matters less than the gap between rent and instalments: on Yenaier's ten-year plan, rent from a let two-bedroom can cover most of the post-handover instalment, which is the core of its appeal to investors. Run your own case in the yield calculator, check a quote in Deal Check, filter areas in the Screener and compare corridors in the Capital Matrix.

Also in Sultan Haitham City#

  • Al Ahlam: a gated enclave of 47 villas, reported from about OMR 191,900, with handover targeted for Q1 2027, the earliest villa keys in the city.
  • Wadi Zaha: Al Ahly Sabbour's 760-home first phase, studios from about OMR 54,705, Q1 2028.
  • Sarooj Oasis: gated apartments and villas around a private park, 1-beds from about OMR 45,325.
  • The city itself: Sultan Haitham City guide.

Which one suits you#

  • You want the smallest monthly commitment and can wait: Yenaier's ten-year plan.
  • You want the most space per rial and a big-name developer: Joud, if a 2030 handover fits.
  • You want to move in or let soonest: Hay Al Wafa's mid-2027 apartments.

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Arabic investor summary (ملخص تنفيذي للمستثمرين بالعربية)#

تضم مدينة السلطان هيثم ثلاثة أحياء رئيسية قيد البيع على الخارطة، ولكل منها ميزة واضحة. يقدم مشروع "ينير ريزيدنسز" من أدانتي العقارية (مجموعة الإدراك) أطول خطط الدفع حتى عشر سنوات، ويطلب مشروع "جود" من مجموعة طلعت مصطفى أقل دفعة حجز بنسبة 2.5% وأقل سعر للمتر المربع، بينما يسلّم "حي الوفاء" من الأبرار العقارية أولاً اعتباراً من منتصف 2027.

المشروعالوحدةالمساحةالسعرالسعر للمتر المربعالتسليم
ينيراستوديو64 متر مربع54,600 ريال عماني849 ريال عمانيمن الربع الرابع 2027
جودغرفتا نوم106 متر مربع78,437 ريال عماني740 ريال عمانيالربع الأول 2030
حي الوفاءغرفتا نوم115 متر مربع93,114 ريال عماني810 ريال عمانييونيو 2027

القيمة الحالية لخطط الدفع: خطة ينير لعشر سنوات تعادل خصماً بنحو 13.4% من السعر عند معدل خصم 4.5%. الإقامة: يمكن التقدم بطلب إقامة قابلة للتجديد لمدة سنتين بعد سداد 30% من القيمة، وتشمل الأسرة إذا تجاوزت قيمة العقار 50,000 ريال عماني. الرسوم: رسوم تسجيل 3% للمشتري الأجنبي و1% للمواطن العماني.

Bottom line#

All three neighbourhoods give buyers a new home in Oman's flagship new city at well under OMR 1,000 per square metre, and each is strongest on a different measure. Yenaier wins on payment runway, Joud on space per rial and developer scale, Hay Al Wafa on time to keys. Choose the measure that matters most to you, then get the live sheet for that project.

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Frequently asked questions

How much is a studio at Yenaier Residences?

A 64 sq m studio has been offered at about OMR 54,600 including VAT on 2026 releases, with a one-bedroom of about 88 sq m at OMR 72,450 and a two-bedroom of about 130 sq m at OMR 95,550.

What is the Yenaier Residences 10-year payment plan?

On selected units: 10% initially, 30% in instalments during construction, 20% at handover and the last 40% over 84 months after handover. A five-year plan (60% to handover, 40% over 24 months after) and a 50/50 express plan are also offered.

What is the booking amount at Joud Sultan Haitham City?

Joud by Talaat Moustafa Group opens with 2.5% on booking and a further 17.5% within a month, then instalments over about four and a half years to a Q1 2030 handover. Two-bedroom apartments start from about OMR 78,437.

When is Hay Al Wafa handover?

Hay Al Wafa by Al Abrar Real Estate has the earliest handovers of the three, from mid-2027 for apartments, with townhouse and villa phases following to December 2028.

Which Sultan Haitham City project is best value per square metre?

On the reference units in this guide, Joud is lowest at about OMR 666 to 761 per sq m, then Yenaier's standard two-bedroom at about OMR 735, Hay Al Wafa at about OMR 578 to 810 depending on type, and Wadi Zaha at about OMR 893 to 1,013, with VAT treatment varying by quote.

Do these projects give residency?

The residency route reported for Sultan Haitham City purchases opens once at least 30% of the price is paid: a renewable two-year residence that also covers first-degree family when the property is worth more than OMR 50,000. Every unit in this guide clears OMR 50,000.

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