Oman’s property market has reached a new zenith with the record-breaking sale of its most expensive penthouse at The Arc, part of The Sustainable City – Yiti. The luxury residence fetched over OMR 2 million (approximately USD 5.2 million), marking a watershed moment in the nation’s real estate history.
This remarkable transaction reflects unprecedented demand; phase one of the development recorded sales exceeding OMR 10 million (around USD 26 million) within weeks of unveiling, well ahead of its official launch.
Developed collaboratively by Diamond Developers and OMRAN, The Arc spans nearly one million square meters of sustainable design, smart infrastructure and net-zero urban living ,all aligned with Oman’s Vision 2040. The upscale penthouse delivers panoramic views of the sea, mountains and marina and features a private lobby entry, open-plan living spaces, curated designer interiors, hand-picked premium materials, a sprawling terrace with private pool and exclusive gated parking.
This record-setting sale underscores a shift toward sustainable luxury and underscores confidence from both local and international buyers. More than a luxury offering, The Arc positions Oman at the forefront of eco-conscious, future-oriented urban development.
Record-Breaking Sale: Oman’s Priciest Penthouse at The Arc, Yiti
Date: