Muscat, Oman
Muscat Bay
Freehold-eligibleFormerly 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.
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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
- Al Mouj MuscatOMR 107
- Muscat BayOMR 92.9
- Muscat HillsOMR 74.1
- QurumOMR 53.9
- AzaibaOMR 50.8
- BausherOMR 48.6
- Al KhuwairOMR 43.2
- Madinat Sultan QaboosOMR 41.6
- Al GhubrahOMR 39.7
- Al KhoudOMR 39.5
Estimated gross rental yield
- Al Khoud7.5%
- Madinat Sultan Qaboos7.5%
- Azaiba7.3%
- Al Ghubrah7%
- Qurum7%
- Al Khuwair6.8%
- Bausher6.5%
- Muscat Hills6%
- Al Mouj Muscat5.5%
- Muscat Bay4.2%
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.
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
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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.Other areas in Muscat
Al Ghubrah
Est. rental yield: 7%
Al Khoud
Est. rental yield: 7.5%
Al Khuwair
Est. rental yield: 6.8%
Want a fuller side-by-side view? Compare areas.