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At OR2m, Oman sees sale of priciest penthouse

New penthouse sales record set at newly launched The Arc

Last updated: August 20, 2025 | 11:36

Manoj Nair, Business Editor

1 MIN READ

The Arc in Oman sets a new bar for the costliest penthouse in the Gulf state.

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Dubai: A new record has been set for the costliest penthouse deal in Oman.

A penthouse at The Arc at The Sustainable City – Yiti landed a buyer for just over OR2 million (just over Dh19 million).

"This transaction was part of a surge in early demand that has driven total Phase 1 sales past OR10 million - all within weeks of unveiling the project last month," the developer said in a statement.

Also Read: Oman wants Salalah to be a property investment destination too - here's how

The penthouses offer 'uninterrupted views' of the sea, mountain, and marina. The residence is approached through a private entrance lobby. "Every detail is meticulously curated، from bespoke interiors with designer fittings to hand-selected, premium materials," the statement added.

Also Read: GCC nationals rush to buy properties in Salalah, Oman

The outdoor terrace comes with a pool, and there is also a dedicated gated parking reserved solely for the penthouse owner. This is said to be a 'first-of-its-kind luxury in Oman’s residential market'.

The Sustainable City – Yiti is set to be 'Oman’s first community designed to meet net-zero emissions targets by 2040'.

Spanning nearly 1 million square metres, the development aims for 100% water recycling, 100% waste diversion from landfills - and getting 80% self-sufficiency in food production.

Manoj NairBusiness Editor

Manoj Nair, the Gulf News Business Editor, is an expert on property and gold in the UAE and wider region, and these days he is also keeping an eye on stocks as well. Manoj cares a lot for luxury brands and what make them tick, as well as keep close watch on whatever changes the retail industry goes through, whether on the grand scale or incremental. He’s been with Gulf News for 30 years, having started as a Business Reporter. When not into financial journalism, Manoj prefers to see as much of 1950s-1980s Bollywood movies. He reckons the combo is as exciting as it gets, though many will vehemently disagree.