Tamlik Properties
ITC Marathon Issue 03 / 2026

Wujha Development

Subject Two flagship plays inside Knowledge Oasis Muscat. One residential, one commercial. Both freehold.
For Investors and end-users sizing up Oman's ITC pipeline before the next price step.
A briefing, not a brochure.
01 | 15
02 | The Thesis
Oman 2026 · Why Now
Tamlik · Wujha
01 | The Reason

Oman is having a moment. Wujha got there first.

While the rest of the GCC is debating overheating prices and saturated supply, Oman is sitting on the cleanest fundamentals in the region. Quality of life, safety, currency strength, lower entry prices, higher rental yields. The numbers below are not a forecast. They are where things stand right now.

Numbeo 2025
4th
globally for Quality of Life. Above most of Europe.
Global Safety Index
3rd
worldwide for safety. Predictability is its own asset class.
Currency Strength
3rd
strongest currency on earth. OMR pegged to USD since 1986.
Premium Yields
~9%
rental yields in gated ITC communities. The UAE delivers half of that.
03 | The Developer
Wujha Real Estate · Track Record
Tamlik · Wujha
EST. 2014 · Muscat

Twelve years. Nineteen projects. Nineteen hundred handovers.

Wujha is not a launch-and-flip outfit. The portfolio runs across residential, commercial, industrial and leisure, with asset management retained in-house. The track record is what you actually want from a developer holding your money for four years on an off-plan plan.

Chairman
H.E. Hazaa
Al-Saadi
CEO
Eng. Ali
Al-Hashmi
In Market
12+
Years
Delivered
19
Successful Projects
Handed Over
1,900
Residential & Commercial Units
Built Footprint
300K
Square Metres
04 | The Location
Knowledge Oasis Muscat
Al Seeb · 25 min from MCT

Both projects sit inside Oman's biggest tech park

Knowledge Oasis Muscat (KOM) is a public-private joint initiative that turned a stretch of Al Seeb into the country's largest technology centre. International firms park their regional headquarters here. Two universities feed the talent pool. Government IT entities sit alongside. The zone is anchored by the Muscat Expressway, the spine that connects everything.

That is not a marketing line. The companies are the marketing line.

Tenants on Site Include
Microsoft · Huawei · Ericsson · Hewlett Packard · Motorola · Schneider Electric · NCR · Qatar Airways · Wipro Gulf · Avaya
Adjacent · Muscat Expressway
"Knowledge Oasis is the heart of innovation."
05 | Two Plays
Residential vs Commercial
One Master Location

Same address. Two completely different bets.

01  ·  The Lifestyle Bet

Uptown Muscat

Residential · 6 Phases · ITC Freehold

A six-phase residential community wrapped around a central park, a five-star hotel, and a clubhouse. Phase 1 (Ivy Town) is live. Each subsequent phase is priced approximately 10% higher than the last.

Phase 1 Units
447
Handover
2027
From
OMR 56K
02  ·  The Yield Bet

Central 7

Commercial · Tier 1 Office · LEED Gold

Oman's first Tier 1 sustainable office building. Seven floors of smart office space, single or full-floor ownership, a 3-year guaranteed rental return, and a tenant pool already stationed across the road.

Floor Plate
43,486 ft²
Handover
Q4 2026
Target ROI
9–10%
Project 01 of 02
06 | 15
01

Uptown
Muscat.

A residential city, six phases, one master plan.
Phase 1 LiveIvy Town
Total Phases06
Phase 1 Units447
TenureFreehold · ITC
07 | Uptown · Masterplan
6 Phases · Hotel · Clubhouse · Park
Each Phase ~10% More

Six phases. Each one priced ~10% higher than the last.

The masterplan is not an apartment block. It is an integrated mini-city wrapped around a central park, a clubhouse, and a five-star hotel still in the pipeline.

Phase 1 (Ivy Town) is the floor of the price escalator. Wujha has stated each subsequent phase prices approximately 10% above the previous one. If you are buying off-plan in this development, the question is which phase, not whether.

PH 01
Ivy Town · LIVE 3 buildings, 8 storeys, 447 residences
Selling Now
PH 02
Phase Two +10% expected on Ph 01 pricing
Next Up
PH 03
Phase Three Pricing tied to delivery progress
In Pipeline
PH 04
Phase Four Mid-cycle phase
In Pipeline
PH 05
Phase Five — Hotel & Park Five-star hotel and central park
Master Asset
PH 06
Phase Six — Closeout Final phase, peak project pricing
Top of Cycle
08 | Phase 01 · Ivy Town
The Specifics
Handover Q1 2027
Phase 01 · Live

Three towers. Four hundred and forty-seven homes

Ivy Town is the entry phase of Uptown Muscat. Eight-storey buildings, partially furnished units, central AC and kitchen appliances included. Ground-floor units come with private gardens.

Buildings
3
8 storeys each
Total Units
447
Semi-furnished
Unit Range
883→3,584
Square feet
Handover
Q1 2027
On schedule
Tenure
Freehold
ITC · All nationalities
Sustainability
LEED Gold
Triple glazing · Solar
Available Layouts
1 BR Apt From 883 ft²
2 BR Apt Mid range
3 BR Apt Family scale
4 BR Duplex Up to 3,584 ft²
09 | Pricing & Plan
Phase 01 Entry · 4-Year Plan
Interest-Free

Phase 1 is the cheapest this project will ever be.

Phase 01 Entry · 1 BR
Starting From
56K
OMR
≈ AED 534K · USD 145K
Each subsequent phase is priced approximately 10% higher than the one before. Phase 1 is the floor.

4-Year Interest-Free Payment Plan

20%
Down Payment On Booking
Day 0
75%
Construction Linked 15 quarterly payments at 5% each
Q1 2024 → Q3 2027
5%
Final Installment On handover
Dec 2027
10 | The Lifestyle
Amenities · Boulevard · Park · Clubhouse
All Within Walking Distance

Life inside the gates: an outdoor-cooled boulevard, a music theatre, and a park you can actually walk in.

01 · Uptown Park
A landscaped park wrapped in ivy.
02 · Shopping Boulevard
Cafés, retail, restaurants. Outdoor cooling.
03 · Clubhouse
Pool, gym, sauna, jacuzzi, library, music theatre.
04 · The Connectivity
25 min to everywhere.
Muscat International Airport · Innovation Park Muscat · Oman Convention & Exhibition Centre. Rusayl industrial zone in 10. City Centre Muscat in 10.
05 · Family Stack
Three outdoor kids zones, indoor development rooms, playgrounds and bicycle paths.
Designed for families, not just investors. Ground-floor units come with private gardens.
Project 02 of 02
11 | 15
02

Central Seven.

Oman's first Tier 1 sustainable office building.
Floors07
Floor Plate43,486 ft²
Ceiling Height13 ft
CertificationLEED Gold
12 | Central 7 · The Building
Specs · Sustainability · Tech
Tier 1 · LEED Gold

Built for headquarters. Run on 30% less power.

Central 7 is engineered as a Class-A office building. Triple-glazed UV facade, motion-sensor lighting, solar cells, an Eco-AC fresh-air system, and a HVAC UV disinfection layer.

Floor plates are configurable for single-tenant or multi-tenant occupancy. Ninety-five percent of the occupied space has outdoor views. Eight high-speed lifts. Backup generator. Designed for the kind of tenant who actually reads the spec sheet.

Sustainability Stack
Triple-Glazed UV Glass · Solar Cells · Eco-AC Fresh Air System · HVAC UV Disinfection · Motion-Sensor Lighting · Recycled Construction Materials · Backup Generator
Floors
7
Configurable single or multi-tenant
Floor Plate
43,486
Square feet per floor
Ceiling Height
13 ft
Premium spec
High-Speed Lifts
8
Plus backup generator
Outdoor Views
95%
Of occupied space
Energy Use
−30%
Below industry standard
13 | Central 7 · The Yield
3-Year Guaranteed Return
Tenant Pool Already Across The Road

The tenants are already in the neighbourhood.

The investment case is not theoretical. The international firms that fill commercial space in this corridor are already stationed across the road inside Knowledge Oasis Muscat. Central 7 is the first Tier 1 office building they can actually own, with a guaranteed three-year rental return baked into the deal.

910%
Target Annual ROI
3 yrs
Guaranteed Rental Return
Q4 26
Expected Handover
Why The Yield Is Real
Single ownership of an entire floor is permitted. So is sub-leasing to multiple tenants. Demand sits with global firms, regional HQs, financial institutions, and tech-sector tenants who need a freehold address inside KOM.
The Local Tenant Pool

Already operating within walking distance.

Microsoft
Huawei
Ericsson
HP
Motorola
Schneider
NCR
Wipro
Avaya
Qatar Air
Plus: Middle East College, Waljat College of Applied Sciences, government IT entities, and the Muscat Convention Centre 10 minutes away.
14 | The ITC Play
What Freehold Ownership Actually Buys
All Nationalities · Both Projects

Buy the asset. Get the country with it.

Both Uptown Muscat and Central 7 sit inside an Integrated Tourism Complex zone. The legal status is the real prize. Title deed in your name, residency in your hand, and a tax framework most of the region cannot match.

i
Freehold for any nationality
Title deed registered with the Ministry of Housing. Same rights as a citizen, on this asset.
ii
2-year renewable residency visa
Issued upon title registration. Covers spouse, children, and parents. Renewable indefinitely.
iii
Zero personal income tax
Rental income lands in your account at 100%. Oman has no personal income tax framework.
iv
Full inheritance rights
The property passes to your designated heirs without a separate citizenship requirement.
15 | The Call
Final Word
Tamlik Properties

The phase you want is the one still on the floor.

— Tamlik · ITC Marathon, 2026
Next Step
Talk to a Tamlik ITC specialist. Floor plans, payment plans, and a walk-through of the actual unit availability.
Web tamlikoman.com
Office Al Khuwair, Muscat
Approval Ministry of Housing