Al Khuwair Data

Applied Feasibility Modelling in Emerging Real Estate Markets – Al Khuwair, Muscat
This dataset supports a comprehensive feasibility analysis for real estate development in Al Khuwair, a rapidly urbanizing district in Muscat, Oman. It integrates multiple dimensions of urban planning, market dynamics, and financial modelling to assess the viability of mixed-use development projects in emerging real estate markets.
1. Land Use and Zoning Data
The dataset includes zoning classifications and land availability in Al Khuwair. The area is designated for mixed-use development, allowing for residential, commercial, and institutional projects. The dataset captures approximately 150,000 sqm of available land, with zoning permissions aligned with Muscat Municipality’s urban development plans.
2. Demographic and Socioeconomic Indicators
Demographic data highlights a population density of 8,500 persons per sqkm, with a median household income of OMR 1,200. These figures reflect a growing middle-income population, supporting demand for affordable and mid-range housing and commercial spaces.
3. Real Estate Market Data
Real estate indicators include residential property prices averaging OMR 650/sqm and commercial rental rates of OMR 8.5/sqm/month. Historical trends and comparative ROI data from nearby developments are included to benchmark investment performance.
4. Infrastructure and Accessibility
Infrastructure data covers proximity to highways (2.3 km) and public transport access rated as “Good.” These factors contribute to the location’s attractiveness for both residential and commercial tenants.
5. Financial and Economic Indicators
Macroeconomic variables such as interest rates (5.25%) and inflation (2.1%) are included to model financial returns. These indicators are essential for calculating FIRR (Financial Internal Rate of Return) and conducting sensitivity analysis.
6. Cost Structure and Assumptions
The dataset provides a detailed cost breakdown:

Land acquisition: OMR 120,000
Construction cost: OMR 250/sqm
Legal and permit fees: OMR 15,000
Marketing and sales: OMR 10,000
Annual maintenance: OMR 5,000

Financing assumptions include a loan of OMR 200,000 at 5.5% interest over 10 years, with an equity contribution of OMR 80,000.
7. Net Cash Flow and FIRR Analysis
Annual net cash flows are calculated based on rental income and operating costs, adjusted for inflation and rent growth scenarios. FIRR values range across scenarios with inflation rates of 1–5% and rent growth rates of 2–6%, providing a robust sensitivity analysis framework.
8. Regulatory and Sustainability Metrics
The dataset includes regulatory context such as urban plan approval, property tax policies, and foreign investment regulations. Sustainability metrics include energy efficiency ratings (A+), LEED Silver certification, and annual water and waste management costs.