Oman, Muscat

Rikaz Real Estate Development is a dynamic and innovative company, recognized as a leading player in the real estate market of the Sultanate of Oman. The organization combines strategic planning, a modern approach to development, and attention to client needs, creating high-quality residential and commercial properties.
Mission and Values
The company aims to provide clients with solutions that combine comfort, innovation, and sustainability. The core values of Rikaz are:
Activities and Directions
Rikaz is engaged in the development and implementation of projects of various types:
The company provides a full development cycle: from planning and design to implementation and post-sale support.
Key Projects
Currently, Rikaz’s portfolio includes the following properties:
All projects are developed with consideration for comfort, safety, and aesthetic harmony with the surroundings.
Rikaz Real Estate Development is a modern developer combining professionalism, innovation, and high standards of quality. The company delivers residential, commercial, and industrial projects in key areas of Muscat, providing solutions for comfortable living, successful business, and profitable investments.
Novella — Residential and Commercial Project in Muscat (Oman)
Novella is a multifunctional real estate development by Rikaz Real Estate Development, located in the prestigious Madinat Sultan Qaboos district of Muscat, Sultanate of Oman. The project combines residential and commercial elements, offering a balanced environment for living, investment, and business.
Key Features
The Novella project covers an area of approximately 17,000 m² and includes 124 units of various types — residential apartments and commercial spaces.
Currently, the construction progress is estimated at around 25%, indicating an active phase of development.
Concept and Vision
Novella is positioned as a property with high and sustainable market value, making it attractive for both investment and long-term residence. The Madinat Sultan Qaboos district is known as a prestigious area of Muscat, adding additional value and appeal to the project in the real estate market.
Surrounding Environment
The complex is located within the urban infrastructure of a prestigious district, providing residents with access to essential services and amenities. Its location combines the rhythm of city life with the possibility of comfortable living.
Show moreLama — Residential Project in Muscat (Oman)
Lama is a modern residential complex developed by Rikaz Real Estate Development in the Ghala Heights area of Muscat, Sultanate of Oman. The project is focused on creating a comfortable urban environment and offers functional solutions for everyday living.
General Concept
The Lama project is designed as part of urban development with an emphasis on practicality and convenience. It is intended for those seeking modern housing within a well-developed city infrastructure. The concept is based on a combination of accessibility, efficient use of space, and integration into the surrounding urban environment.
Location
The complex is located in Ghala Heights, one of the developing districts of Muscat. The location provides convenient access to major transport routes and key urban infrastructure, making it suitable for permanent residence.
Property Type
The project includes residential apartments designed according to modern standards of functionality and comfort. Layouts are focused on efficient space utilization and resident convenience.
Infrastructure and Surroundings
Lama is situated within an urban environment with access to everyday infrastructure, including commercial facilities, services, and transport connections. This allows for a balance between an active city lifestyle and comfortable living.
Project Advantages
Lama is a residential project oriented towards a modern urban lifestyle. Thanks to its location, functionality, and integration into Muscat’s infrastructure, it is suitable for both personal living and investment purposes.
Show moreDorra — Residential and Commercial Project in Muscat (Oman)
Dorra is a modern multifunctional residential and commercial complex developed by Rikaz Real Estate Development in the Bausher district of Muscat. The project combines comfortable housing with business opportunities, providing a convenient and functional environment for living and investment.
Key Features
Concept and Idea
The Dorra project is designed as a modern space that combines practicality, functionality, and comfort. The complex is aimed at families, investors, and business professionals, offering a balanced mix of residential and commercial elements. The main goal is to create a harmonious environment for living and business activities.
Location and Surroundings
The complex is located in the developing Bausher district, which offers convenient transport connections. Nearby social facilities, retail outlets, and major city arteries make Dorra attractive for permanent residence and commercial activities.
Infrastructure and Amenities
Although the project is still under construction, it is planned to include:
Investment Appeal
Dorra combines developed infrastructure and a strategic location, making it appealing for both personal residence and investment. The complex offers modern housing and commercial spaces in a growing district of Muscat, providing a combination of comfort, security, and long-term real estate value.
Show moreRetal — Modern Residential Project in Muscat (Oman)
Retal is a residential complex by Rikaz Real Estate Development, located in the Bausher district of Muscat. The project is designed to offer modern, convenient, and functional housing for permanent residence in the capital of Oman.
Overall Concept
Retal is developed as a contemporary living space that combines efficient layouts, high-quality construction, and integration with the urban environment. The complex is aimed at residents who value convenience, practicality, and access to the city’s infrastructure.
Location
The project is situated in the Bausher district, one of Muscat’s rapidly developing residential areas. Its location provides easy access to main transport routes and social amenities, making it convenient for everyday life.
Property Format
Retal offers modern residential apartments designed with a focus on functionality and comfort. Thoughtful layouts ensure efficient use of interior space, creating comfortable living conditions suitable for families.
Infrastructure and Surroundings
The Bausher district features well-developed urban infrastructure, including commercial facilities, educational institutions, and recreational areas. This environment allows residents to combine an active city lifestyle with comfortable living within the complex.
Project Advantages
Retal is a modern residential complex that combines high-quality construction, convenient location, and functional urban housing. The project is suitable for permanent residence as well as investment purposes, offering a high level of comfort and relevance in Oman’s real estate market.
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