
CII Group Middle East has been appointed the consultant on the $800 million tourism and residential resort project called The Wave in Muscat.
Work on the project is expected to start in December 2005. The resort will stretch along 7.3 km of beachfront between Al Azaiba and Al Seeb, occupying an area of two million sq m.
The project will be implemented two stages. In the first stage, $82 million will be invested to reclaim 400,000 sq m of land, develop the infrastructure and build an 18-hole, European standard PGA golf course, a marina at the centre of the resort that will provide mooring spaces for 250 boats, and the yacht club which will highlight Oman’s seafaring heritage, restaurants, shops and a world bazaar.
In the second phase, developers will invest an additional $485 million to construct a 300-room hotel, 500 premium villas overlooking the ocean or the golf course, apartments, restaurants, shops, and leisure centres for an exclusive resort with a final value at $800 million.
While the Marina Tower boutique hotel will accommodate upscale tourists, two Marina condominium towers and 850 Marina Village apartments will provide for future residents.
Another attraction will be a beach and sports resort with a centre for scuba diving and water sports. Next to it, an additional 230 beach and residential villas will come up to take advantage of the Oman government’s imminent decision to allow international freehold ownership of residential real estate.
At the eastern end of The Wave, a public beach and a woman’s beach will be developed. At its westernmost edge, a five-star spa and beachfront hotel will offer 200 exclusive rooms.