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Muscat, Oman

Muscat Bay

Freehold-eligible

Formerly Saraya Bandar Jissah

An ultra-luxury coastal ITC at Bandar Jissah near Qantab, set in a natural bay between the Hajar Mountains and the sea, with deliberately limited supply. One of the three highest total-price areas tracked on Oman Property Index, reflecting its exclusivity and scarce coastal land.

Our estimate — not official transaction data.

Our own dataset and analysis — see our data & methodology.

Figures compiled: October 2026 · based on 11 listings/deals · Check a price here

Current price / sqft

OMR 92.9

#2 of 10 tracked Muscat areas by price

Estimated rental yield

4.2%

#10 of 10 by yield · Muscat average 6.5%

Off-plan share

35%

65% secondary/ready

Directional estimate based on the area's known profile, not a transaction-verified per-area split — see our methodology.

Project guides in and around Muscat Bay

Prices, payment plans and the yield maths for the projects buyers ask us about most here.

What that means in money

Muscat Bay's tracked OMR 92.9 / sqft and 4.2% estimated gross yield, applied to three reference unit sizes. These are conversions of the per-sqft figure — the same sizes are used for every area so comparisons stay honest — not measured averages of what has actually sold or let in Muscat Bay. A specific unit's price moves with floor, view, finish, age, and service charges.

1-bed apartment

75 sqm · 807 sqft

OMR 74,997

Indicative purchase price

OMR 262 / month

Implied gross rent at 4.2%

2-bed apartment

110 sqm · 1,184 sqft

OMR 109,996

Indicative purchase price

OMR 385 / month

Implied gross rent at 4.2%

3-bed villa

200 sqm · 2,153 sqft

OMR 199,993

Indicative purchase price

OMR 700 / month

Implied gross rent at 4.2%

Gross rent, before service charges, maintenance, vacancy between tenants, agency fees, and financing. Run your own costs through the yield calculator for a net figure.

Price check

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خليج مسقط، مسقط: ملخص بالعربية

أرقام مؤشر عقارات عُمان (Oman Property Index) لهذه المنطقة، مقاسة من إعلانات البيع والإيجار الحالية.

متوسط سعر المتر المربع (شقق)
1,000 ر.ع
النطاق المعتاد للسعر
934 ر.ع إلى 1,088 ر.ع
العائد الإيجاري الإجمالي التقديري
4.2%
من يمكنه الشراء
جميع الجنسيات (مجمع سياحي متكامل، تملك حر)
عدد الإعلانات التي بُني عليها الرقم
11
تاريخ البيانات
أكتوبر 2026

أرقام تقديرية مبنية على أسعار العرض، وليست تقييمًا رسميًا أو نصيحة مالية.

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Cite this data

Oman Property Index, Muscat Bay (Muscat), October 2026. https://omanpropertyindex.com/oman/muscat/muscat-bay

Where Muscat Bay sits in Muscat

Current tracked figures for all 10 Muscat areas, highest first. Muscat Bay is highlighted; tap any other area to open it.

Price per sqft

  1. Al Mouj Muscat
    OMR 107
  2. Muscat Bay
    OMR 92.9
  3. Muscat Hills
    OMR 74.1
  4. Qurum
    OMR 53.9
  5. Azaiba
    OMR 50.8
  6. Bausher
    OMR 48.6
  7. Al Khuwair
    OMR 43.2
  8. Madinat Sultan Qaboos
    OMR 41.6
  9. Al Ghubrah
    OMR 39.7
  10. Al Khoud
    OMR 39.5

Estimated gross rental yield

  1. Al Khoud
    7.5%
  2. Madinat Sultan Qaboos
    7.5%
  3. Azaiba
    7.3%
  4. Al Ghubrah
    7%
  5. Qurum
    7%
  6. Al Khuwair
    6.8%
  7. Bausher
    6.5%
  8. Muscat Hills
    6%
  9. Al Mouj Muscat
    5.5%
  10. Muscat Bay
    4.2%

Overview

Muscat Bay was launched as Saraya Bandar Jissah and renamed Muscat Bay in 2017 by its developers, OMRAN Group and Saraya Holding Oman. It occupies a secluded cove at Bandar Jissah, just past the fishing village of Qantab, flanked by the Hajar Mountains and the Gulf of Oman, across about 2.2 million square metres, less than half an hour southeast of central Muscat.

The development is anchored by the 206-room Jumeirah Muscat Bay, officially opened in 2022 as the first Jumeirah resort in Oman. OMRAN lists the residential mix as 92 townhouses, 84 duplexes, 180 villas and 84 duplex apartments, in zones including Zaha, Nameer and Wajd, which makes it closer to a private resort enclave than a conventional city neighbourhood, a deliberate contrast to the more urban profile of Al Mouj or Qurum.

Because it is a low-density resort community rather than a serviced suburb, schools, hospitals and malls are a short drive away rather than inside the development. Buyers choose it for seclusion, mountain-meets-sea scenery and hotel-grade amenities on the doorstep.

The estimated 4.2% rental yield shown above is a gross figure — before service charges, maintenance, vacancy periods, or financing costs. It is a useful way to compare areas against each other, but not a substitute for a property-specific cash-flow calculation. Off-plan share matters because off-plan purchases typically involve a payment plan spread over the construction period and carry different risk and timing considerations than buying a completed, ready-to-rent unit — neither is inherently better, but they suit different buyer situations.

How Muscat Bay compares in Muscat

Against the 10 Muscat areas tracked on this site — the only honest way to read a single area's numbers.

Price rank#2 of 10
87% above the Muscat median of OMR 50 / sqft.
Yield rank#10 of 10
4.2% estimated gross, 2.3 points below the 6.5% Muscat average.
Off-plan share35%
City average is 24%. The remaining 65% of tracked stock here is secondary/ready.
Foreign ownershipFreehold (ITC)
Muscat Bay sits inside a designated Integrated Tourism Complex, so foreign nationals can buy freehold here — one of 3 of the 10 tracked Muscat areas where that is the case.

See all 10 Muscat areas side by side

Why Muscat Bay

What actually shapes day-to-day life and access here — real, verified distances, not a generic “close to everything” claim.

Airport

44 km

Muscat International Airport (MCT) — via the adjacent Barr Al Jissah headland

Nearest beach

0.2 km

Muscat Bay private beach club & lagoon

Landmark

0.1 km

Bandar Jissah cove / Barr Al Jissah headland

Nearby amenities

  • Muscat Bay spa & wellness centre0.4 km

Get notified when prices drop in Muscat Bay

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Frequently asked questions

What is the current price per sqft in Muscat Bay?

As of the most recent update, Muscat Bay is tracked at OMR 92.9 / sqft. This is an Oman Property Index benchmark from our proprietary market dataset, adjusted for the typical gap between asking and achieved prices. It is not official government transaction data. Measured October 2026 from 11 apartments for sale in our market dataset, adjusted toward achieved prices; the normal range is the middle half of the market; margin about ±6.9%. Gross yield measured from rents and prices in the same area and cross-checked against published research.

What is the estimated rental yield in Muscat Bay?

The estimated gross rental yield in Muscat Bay is 4.2%. This is a gross estimate — it does not deduct service charges, maintenance, vacancy periods, or financing costs, so treat it as a starting point rather than a net return figure.

Is Muscat Bay's price data official or an estimate?

This is an Oman Property Index benchmark from our proprietary market dataset, adjusted for the typical gap between asking and achieved prices. It is not official government transaction data.

What share of property in Muscat Bay is off-plan vs secondary/ready?

Around 35% of tracked inventory in Muscat Bay is off-plan, with the remaining 65% secondary/ready stock. This is a directional estimate based on the area's known profile, not a transaction-verified per-area split.

Who typically buys property in Muscat Bay?

High-net-worth expat investors and second-home/holiday-home buyers seeking a secluded, resort-branded freehold address with hotel-grade amenities over everyday city convenience.