Muscat Hills International Developments Launches The Business Tower 2
Mar 17, 2020

Muscat Hills International Developments (MHID), one of Oman’s leading real estate development and management companies, is bringing the next generation of corporate connectivity to life with The Business Tower 2, a spectacularly designed and strategically located office space tower located at the Boulevard by Muscat Hills - the exceptionally well-thought-out master-planned community situated in the growth corridor of Muscat, boasting outstanding accessibility all while being conveniently located in Muscat’s new downtown.

Offering tenants, the opportunity to occupy space in one of the most up-and-coming locations in Muscat, Business Tower 2 generously spans over 500,000 SQFT accounting for 175 offices (in various floor plates) over 7 floors. On the ground floor, as per the norms of The Boulevard by Muscat Hills, the tower accommodates for 16 retail outlets. High ceilings enhance the feeling of space, while an abundance of high-end amenities include a meeting hall with full conference facilities and a stunning rooftop terrace. Flexible floor plans are designed to cater for a diversity of business needs, with layouts that can be customized and subdivided.

Located adjacent to Business Tower 1 (Oman’s first ITC Status free-hold office space), Business Tower 2 is close to many financial institutions including the OmInvest headquarters, The Bank Muscat headquarters, as well as the upcoming Bank Sohar headquarters. Tenants also enjoy close proximity to multiple retail and leisure outlets located at The Boulevard and Muscat Hills Golf & Country Club.

Ilyas Malik, Deputy CEO of Muscat Hills International Developments and Chairman of Malik Developments, said: “Location, and especially connectivity to major retail, leisure and business hubs, remains a key factor in the purchase and lease decision-making process, as our research consistently underlines. We’re introducing The Business Tower 2 as a response to this growing demand, in a location that is witnessing increasing rental yields and a superb investor response. Our developments in the budding Boulevard area have sold out at exceptionally swift rates and have proven to be outstanding investments. We are delighted to add this remarkable development, which reflects the city’s popularity as a metropolitan hub and gateway to the world, to our portfolio”.

Ownership at The Business Tower 2 is open to Omani citizens, GCC nationals and expatriates of different nationalities. Ownership also entitles residency for non-Omani buyers and their immediate family members. The Business Tower 2 is a development by Oman based Muscat Hills
International Development with Malik Developments being an equity, advisory and development partner.

Which topics would you like to receive alerts for?

Could you tell us your