Oman's first net-zero city says it is taking part in Urban October 2026 in Muscat this week, from 5 to 8 October. On 30 September its developer signed OMR 38.5 million (USD 100 million) with the World Bank's IFC to build The Plaza, the city's heart of 1,225 apartments, shops and restaurants. Villas, Plaza apartments and the Nikki Beach branded residences at The Arc are all on the table.
The Sustainable City - Yiti has announced it is taking part in Urban October 2026, the Ministry of Housing and Urban Planning's home and city-building exhibition at the Oman Convention and Exhibition Centre, from 5 to 8 October, within OMRAN Group's space. Visitors can see the homes, ask about layouts and payment plans and hear about the exhibition offer. Three days before the doors open, the city's developer signed the biggest financing in its history.
On 30 September 2026 the Sustainable Development and Investment Company, the joint venture of OMRAN Group and SEE Holding that owns the city, signed an Islamic green financing facility of OMR 38.5 million, about USD 100 million, with the International Finance Corporation, the World Bank's private-sector arm. The money goes only to the Plaza District: 1,225 apartments with shops, restaurants, wellness, entertainment and community facilities, a district costing about USD 370 million in total. IFC says it is its first real estate investment in Oman, and that the city will house more than 10,000 people and support about 2,200 jobs.
The Plaza · the city centreThe district the IFC money builds: apartments above shops, cafés and restaurants, with a school, clinics and community spaces around them.
The Arc · Nikki BeachLaunched in July 2025: 132 fully serviced homes in three collections, one carrying the Nikki Beach name, with a private marina, pools and concierge.
Pictures: developer renders, Diamond Developers and OMRAN Group.
The villas came first: the May 2023 launch released 422 homes, 136 villas and 286 apartments, and the first phase sold out. Three and four bedroom courtyard and garden villas sit in the West and East districts with no service charges for life. The developer put full handover on track for the end of 2026, with infrastructure 96% complete by the end of 2024.
Planned by Diamond Developers, the team behind The Sustainable City in Dubai, and delivered with OMRAN Group, Oman's tourism developer, the city was launched on 30 March 2022 on about one million square metres with an investment value close to USD 1 billion. It targets net-zero carbon by 2040 through solar power, recycled water, local food production, electric mobility and walkable streets, and it is planned with two hotels, a school, a nursery, an equestrian centre and an indoor sports complex.
Yiti is an Integrated Tourism Complex, so a finished home worth OMR 200,000 or more in your name can open Oman's ten-year Golden Residency for you and your family. Our Oman residency page explains it simply, and we confirm each unit with the developer before you pay.
Tell us villa, Plaza apartment or The Arc. We send what is available this week, with prices, the payment plan and the handover date for each unit, and the exhibition offer if it applies to you.
In Yiti, on the coast about 40 km east of Muscat, between the mountains and the Gulf of Oman, about twelve minutes from the city.
The Sustainable Development and Investment Company, a joint venture between OMRAN Group, Oman's tourism developer, and SEE Holding, the group behind Diamond Developers and The Sustainable City in Dubai.
On 30 September 2026 IFC signed OMR 38.5 million, about USD 100 million, in Islamic green financing for the Plaza District only: 1,225 apartments with retail, dining, wellness, entertainment and community facilities.
The project has announced its participation, within OMRAN Group's space, from 5 to 8 October at the Oman Convention and Exhibition Centre in Muscat.
Courtyard and garden villas of three and four bedrooms, studios and one to three bedroom apartments at The Plaza, and 132 serviced residences of two to four bedrooms at The Arc, one collection branded by Nikki Beach.
The developer has put full handover on track for the end of 2026. Each district and unit has its own date; ask us for the current schedule.
Yes. Yiti is freehold for all nationalities. As an Integrated Tourism Complex, a finished home worth OMR 200,000 or more can open the ten-year Golden Residency for you and your family.
