Dec. 25, 2021


Faisal Al Shanfari

Oman

Faisal Al Shanfari

Country Manager Oman, Alfardan Group

Alfardan Group continuously strives to incorporate state-of-the-art practices into its building designs, from construction to operations while ensuring the environment is always a top priority.

BIO

Holding an engineering degree from Oklahoma State University and an MBA, Faisal Al Shanfari has more than 20 years of experience in engineering, management, and real estate. Driven by his learnings and strong understanding of the Omani market, he practices an innovative leadership approach supporting Alfardan Properties' expansion and growth in Oman.


Oman's residencies were established in 2007 to serve Alfardan Group expansion. Which strategies have been key to develop in the fast-growing Omani marketplace?

The real estate in Oman is growing rapidly at par with swift development across hospitality, tourism, and economic sectors; hence, the group decided to penetrate the market at the pinnacle of its development. Our strategy aimed to introduce luxury developments by Alfardan Properties chronologically over time where we ensured the success of each development before moving to the next. Always adhering to our high-quality and high-level of service, Alfardan Properties offers a differentiated face of real estate to the Sultanate of Oman.

Which kind of experience do you aim to offer to your guests?

Alfardan Properties offers a wide range of services to customers that are akin to exclusivity and luxury living. We aim to offer our tenants an optimal experience that not only meets their expectations but seeks to exceed them, from high-end interiors, state-of-the-art gyms and swimming pools to dedicated kids' areas, recreational classes and 24-hour security and maintenance. All of which is accentuated by a rich lifestyle led by a brand ethos under “Distinctive Living" that entails residents to a host of unique privileges across a variety of sectors.

Alfardan Heights won Commercial Project of the Year in 2020 for its concept design and environmental practices. In which way do you promote sustainability?

Sustainability is a core value for Alfardan Properties and is increasingly implemented as a standard across all properties. Alfardan Heights' recognition as Commercial Project of the Year in 2020 is testament to this commitment, as we continuously strive to incorporate state-of-the-art practices into our building designs, from construction to operations, that in turn, ensures the environment is always the top priority.

Alfardan Group announced the launch of The Residences at The St. Regis Al Mouj Muscat. How will these branded residences add value to the touristic sector in Oman?

Branded residences are coming to the forefront of real estate with evolving consumer tastes through the unparalleled experience offered by luxury brands. Around the world, these developments curate exquisite living that buyers can trust regardless of where they are. As such, The Residences at The St. Regis Al Mouj Muscat bring The St. Regis luxury brand for the first time in Oman, under Alfardan Group, allowing residents to benefit from five-star accommodation alongside signature services and exquisite experiences. Stretching along 360m of Al Mouj Muscat's beachfront, The Residences provide an extraordinary escape to buyers that come with an exclusive opportunity for investment in Oman's burgeoning real estate market.

The group enhances power partnerships for the Qatari and Omani hospitality sectors. To what extent are these partnerships priority to keep growing within the Sultanate?

Qatar and Oman have a long-standing relationship of openness and proximity, sharing strong economies, advanced industries, and a passion for growth. Oman's tourism and hospitality sectors are on the rise in line with the country's 2040 tourism strategy. For Alfardan Properties, Oman is naturally an attractive regional destination to grow its presence, owing to the closeness of the country and the growing potential of the market.

What are your main aspirations to achieve in the last quarter of 2021 and into 2022?

The market continues to show promise as it recovers from the impact of COVID-19. With things falling back into place, we are excited to see the real-estate sector return to an upward growth trend and the positive implications this will have on the market and our operations.

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