Pivotal Real Estate Developments in Oman: New Registry Law and Multi-Billion Dollar Deals

The real estate sector in the Sultanate of Oman witnessed significant momentum yesterday and today, marked by pivotal announcements that support market confidence and enhance its regulatory and investment environment. From the issuance of a royal decree for a new law regulating the property registry, to the conclusion of the Oman Real Estate Exhibition with major investment deals, the sector appears to be on an upward trajectory towards further growth and development.

Key Highlights from Yesterday

• The issuance of the royal decree introducing the new property registry law in the Sultanate of Oman.
• The conclusion of the Oman Real Estate Exhibition and Conference with investment deals exceeding one billion dollars.
• A major Egyptian real estate company targets expansion in the Omani real estate market.

Details

The New Property Registry Law Enhances Transparency and Protects Investors' Rights

Royal Decree No. 56/2026 was issued to introduce the new property registry law in the official gazette on May 17, 2026. This law represents a significant step towards modernizing and developing the legislative environment for the real estate sector in the Sultanate, aiming to enhance transparency and protect the rights of all parties. Key features of the new law include the introduction of innovative mechanisms such as the preliminary property registry, which safeguards the rights of parties in off-plan sales projects, in addition to facilitating registration procedures and reducing fees on important transactions such as inheritance transfers, where fees have been reduced from 3% to 20 Omani rials per property. These amendments are expected to make the Omani real estate market more attractive and stable for both investors and buyers.

Oman Real Estate Exhibition Concludes Successfully with Deals Exceeding $1.14 Billion

The 21st edition of the Oman Real Estate, Design, and Construction Exhibition and Conference concluded in Muscat with the announcement of intensive investment activity. The exhibition witnessed the signing of partnership and development agreements, tenders, and memoranda of understanding with a total value exceeding $1.14 billion. These deals included the signing of 6 partnership and development agreements for integrated residential neighborhoods valued at over 443 million Omani rials, as well as the awarding of 4 tenders worth more than 52.8 million Omani rials related to major urban projects such as Sultan Haitham City and Thuraya City. In addition, 182 usufruct contracts were signed with a total investment exceeding 37.8 million Omani rials, and an agreement was reached to implement the "Atta 2" and "Atta 3" projects to provide 25 homes for eligible families. These impressive figures reflect the government's commitment to developing urban infrastructure and attracting investments, supporting the sector's future growth.

‘Better Home’ Egyptian Company Plans Expansion in the Omani Real Estate Market

As an indicator of growing international interest in the Omani real estate market, Better Home, a prominent regional Egyptian real estate developer, is considering expansion in the Omani market as part of its external plans. The company already owns land in the Sultanate for a project and confirms its intention to proceed as soon as geopolitical conditions stabilize. This interest from a developer of Better Home’s stature highlights the attractiveness of the Omani market for foreign investments and points to potential new projects in the near future.

What Does This Mean for the Investor or Buyer?

For investors and buyers, these developments paint a positive and stable picture of the Omani real estate market. The issuance of the new property registry law enhances legal protection and provides a more transparent and trustworthy environment, especially with mechanisms such as the preliminary property registry for off-plan projects and streamlined registration procedures. The large deals concluded during the Oman Real Estate Exhibition confirm the existence of major development projects and advanced infrastructure, creating promising investment opportunities and boosting property values in the long term. The growing interest from foreign real estate companies, such as Better Home, indicates external market confidence in Oman’s investment appeal, which could lead to more capital inflows and the introduction of diverse, high-quality real estate products.

Conclusion

Together, this news indicates that the real estate sector in the Sultanate of Oman is experiencing a phase of growth and development, supported by modern legislation, massive investments, and increasing international interest. This momentum promises a bright future for the Omani real estate market as a preferred destination for living and investment.

Imtilak Global facilitates the process of freehold property ownership in Oman by offering a wide range of comprehensive and distinguished services for real estate investors. The company ensures full follow-up of freehold procedures, including the facilitation of legal and bureaucratic transactions.

Edited by: Imtilak Global©