The Consortium
Marasi Development is a consortium of four distinguished Omani entities. Together, they bring over 40 years of combined experience and a complete, vertically integrated real estate development ecosystem — from investment and design through construction and sales.
Partners
Each partner brings a distinct and complementary set of capabilities, ensuring Marasi can deliver every aspect of a world-class real estate development in-house.
Abaad Investment is a leading Omani investment company with a strong track record in real estate and diversified investments across the Sultanate. As a founding partner of Marasi Development, Abaad provides the consortium with strategic financial acumen, robust capital access, and a deep understanding of the Omani investment landscape. Abaad's affiliation with NASDAQ-listed NESR provides the consortium with access to international capital markets and a portfolio exceeding $1 billion, giving Marasi a significant competitive advantage in funding large-scale developments.
Myrad Investment brings extensive experience in real estate development and investment across the Sultanate of Oman. With a portfolio spanning residential, commercial, and mixed-use developments, Myrad contributes deep market knowledge, a proven development track record, and strong relationships with key stakeholders in the Omani real estate sector. Myrad's expertise in master planning and community development is central to Marasi's ability to deliver large-scale, integrated developments that meet the needs of modern Omani families and investors.
Shaksy Engineering Services is the construction backbone of the Marasi consortium and one of Oman's most respected contracting companies. Holding an Excellent Grade contractor classification and ISO 9001 certification, Shaksy has successfully constructed over 310,894 sqm of built-up area with a workforce of more than 1,000 skilled professionals. Shaksy's in-house construction capability eliminates the need for third-party contractors, ensuring quality control, cost efficiency, and seamless project delivery from foundation to finishing.
Premier Projects Development LLC is a specialist in project management and real estate development, bringing rigorous project oversight, development management expertise, and a commitment to delivering projects on time and to the highest quality standards. As the project management arm of the consortium, Premier Projects ensures that every Marasi development is executed with precision, discipline, and transparency — from initial planning and design coordination through to final handover and post-completion support.
Work With Us
Whether you are a homebuyer, investor, or government partner, we would love to discuss how Marasi Development can serve your vision.
Get In Touch