Our Story
A Legacy of Excellence in Omani Real Estate
Marasi Development LLC is a visionary real estate consortium in the Sultanate of Oman, uniting three powerhouse shareholders: Abaad Investments (40%), Miryad Developments (40%), and Premier Project Development (20%). With over 500,000 sqm of total built-up area and 40+ years of combined experience, we deliver landmark projects that shape Oman's skyline. Backed by our strategic affiliate Shaksy Engineering Services — an Excellent Grade contractor with 1,000+ employees — we offer a fully integrated development capability from concept to completion, aligned with Oman Vision 2040.
What We Do
Comprehensive real estate solutions from concept to completion across the Sultanate of Oman.
Construction Management
Powered by Shaksy Engineering Services, an Excellent Grade, ISO 9001 certified contractor with 310,894 sqm constructed and 1,000+ employees.
Real Estate Development
Over 215,750 sqm developed across residential, commercial, hospitality, and mixed-use projects, including smart city communities with Planet Smart City.
Property Investment
Backed by NASDAQ-listed NESR and a $1B+ portfolio, we provide robust capital access and international market reach for premium Omani real estate.
Get In Touch
Ready to start your next project? Contact Marasi Development to discuss how we can bring your vision to life.

Opening Hours
Mon - Fri
Saturday
​Sunday
8:00 am – 8:00 pm
9:00 am – 7:00 pm
9:00 am – 9:00 pm