Adrak Developers inks pact to build Sultan Haitham City's Neighbourhood 12 D
Published: 02:05 PM,May 15,2024 | EDITED : 06:05 PM,May 15,2024
Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, with Dr Thomas Alexander, Chairman of Al Adrak Group of Companies, at the agreement signing ceremony.
MUSCAT: Leading Omani real estate investment firm Adrak Developers LLC has announced a significant partnership with the Ministry of Housing and Urban Planning in the development of Neighborhood 12 D (NH 12 D) within Sultan Haitham City. The signing of the Development Agreement took place at the recent Oman Design & Build Exhibition 2024 held at the Oman Convention & Exhibition Centre.
The project signifies a commitment to redefining luxury living in Muscat. NH 12 D will encompass over 300 high-end residential units spread across a land area of 56,166 square meters. With an estimated investment value of RO 38.7 million, the development promises to be a landmark addition to Sultan Haitham City.
The signing ceremony was held under the auspices of Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning.
Dr Thomas Alexander, Chairman of Al Adrak Group of Companies, highlighted the company's vision for the project: 'We at Adrak are honoured to partner with the Ministry of Housing & Urban Planning on this transformative project. Neighborhood 12 D embodies our vision for creating luxurious living spaces that elevate Muscat's residential landscape. We are confident this development will be a cornerstone of Sultan Haitham City and a testament to Oman's commitment to innovation and progress.' Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, emphasized the project's alignment with the Ministry's vision: 'The Ministry is delighted to collaborate with Adrak Developers on Neighborhood 12 D. This project aligns perfectly with our vision for Sultan Haitham City, fostering a vibrant community and offering residents a world-class living experience. We are confident this development will contribute significantly to Muscat's growth and prosperity.' Ryan Maxwell, Business Development Manager at Adrak Developers, stated: 'We are thrilled to be a part of this exciting development. Neighborhood 12 D represents a unique opportunity to redefine luxury living in Muscat. It's a privilege to work alongside such esteemed partners, and we are confident this project will be a resounding success.' Following the signing of the development agreement for Neighborhood 12 D, Adrak Developers entered into a partnership with MTDI, a globally acclaimed architectural and design group, as the master developer for this exciting project.
MTDI brings a wealth of experience and international recognition to the project. With a proven track record of designing award-winning spaces around the world, MTDI is renowned for its innovative approach, focus on sustainability, and commitment to creating places that foster human connection.
Marek, Group Founder and Design Lead, MTDI: 'We are honoured to be selected by Adrak Developers for this transformative project. Neighborhood 12 D presents a unique opportunity to design a vibrant and sustainable community that celebrates Omani culture and caters to the evolving needs of modern residents. We are committed to working collaboratively with Adrak to create a legacy project that will enrich Sultan Haitham City for generations to come.'
The project signifies a commitment to redefining luxury living in Muscat. NH 12 D will encompass over 300 high-end residential units spread across a land area of 56,166 square meters. With an estimated investment value of RO 38.7 million, the development promises to be a landmark addition to Sultan Haitham City.
The signing ceremony was held under the auspices of Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning.
Dr Thomas Alexander, Chairman of Al Adrak Group of Companies, highlighted the company's vision for the project: 'We at Adrak are honoured to partner with the Ministry of Housing & Urban Planning on this transformative project. Neighborhood 12 D embodies our vision for creating luxurious living spaces that elevate Muscat's residential landscape. We are confident this development will be a cornerstone of Sultan Haitham City and a testament to Oman's commitment to innovation and progress.' Dr Khalfan bin Said al Shueili, Minister of Housing and Urban Planning, emphasized the project's alignment with the Ministry's vision: 'The Ministry is delighted to collaborate with Adrak Developers on Neighborhood 12 D. This project aligns perfectly with our vision for Sultan Haitham City, fostering a vibrant community and offering residents a world-class living experience. We are confident this development will contribute significantly to Muscat's growth and prosperity.' Ryan Maxwell, Business Development Manager at Adrak Developers, stated: 'We are thrilled to be a part of this exciting development. Neighborhood 12 D represents a unique opportunity to redefine luxury living in Muscat. It's a privilege to work alongside such esteemed partners, and we are confident this project will be a resounding success.' Following the signing of the development agreement for Neighborhood 12 D, Adrak Developers entered into a partnership with MTDI, a globally acclaimed architectural and design group, as the master developer for this exciting project.
MTDI brings a wealth of experience and international recognition to the project. With a proven track record of designing award-winning spaces around the world, MTDI is renowned for its innovative approach, focus on sustainability, and commitment to creating places that foster human connection.
Marek, Group Founder and Design Lead, MTDI: 'We are honoured to be selected by Adrak Developers for this transformative project. Neighborhood 12 D presents a unique opportunity to design a vibrant and sustainable community that celebrates Omani culture and caters to the evolving needs of modern residents. We are committed to working collaboratively with Adrak to create a legacy project that will enrich Sultan Haitham City for generations to come.'