Oman witnesses progress in real estate projects and legislative developments to boost investment

The real estate sector in the Sultanate of Oman continues to demonstrate its vitality and attractiveness to investors, supported by the advancement of major projects, significant legislative updates, and growth in economic activities. In recent days, a series of news has emerged confirming this positive trend and painting a promising picture for the future of real estate investment in the Sultanate.

Highlights of Yesterday

• Significant progress in the Sultan Haitham City project with massive investments and incentives for freehold ownership and residency for foreign investors.
• New legal details issued for the Real Estate Register Law (Decree 56/2026) to enhance transparency and facilitate electronic procedures.
• Noticeable growth in the construction and services sectors in Dhofar Governorate during the first quarter of 2026.
• Revealing investment opportunities in logistics properties at Muscat International Airport during a specialized workshop.

Details

Sultan Haitham City: Achievements and Promising Expectations

Development work in Sultan Haitham City continues steadily, with an investment of 86.5 million Omani riyals allocated for the development of an iconic tower and a luxurious residential and commercial complex. The city is a distinguished investment destination thanks to the availability of freehold ownership for all nationalities, in addition to granting real estate residency to foreign investors who pay 30% of the property value under construction if it exceeds 50,000 Omani riyals, with the possibility of including the family in the residency. The "Your First Home" initiative also supports citizens' efforts to own housing.

New Real Estate Register Law: Enhancing Reliability and Efficiency

In a move reflecting the Sultanate's commitment to developing its legislative environment, the main features of the new Real Estate Register Law were unveiled under Royal Decree 56/2026. The law aims to enhance the reliability and transparency of the sector by recognizing electronic records and documents and regulating the registration of off-plan projects through the "Preliminary Real Estate Register". This update increases legal certainty in ownership transactions and facilitates documentation procedures.

Growth of Construction and Services Sectors in Dhofar

Dhofar Governorate, one of the promising governorates in the Sultanate, has witnessed tangible economic momentum. Official data for the first quarter of 2026 showed growth in licensing activities in the construction and services sectors, reflecting an improvement in the business environment. At the same time, the Ministry of Commerce, Industry and Investment Promotion announced a work plan for the governorate in preparation for the autumn season, supporting its economic activity.

Logistics Investment Opportunities at Muscat International Airport

Attention is turning to logistics and commercial properties in Muscat, as a workshop organized by the Oman Chamber of Commerce and Industry highlighted promising investment opportunities in the "Logistics Gateway" at Muscat International Airport. These opportunities include projects related to storage and distribution centers and business support services, enhancing demand for this type of property and supporting the expansion of supply chains in the capital.

What does this mean for the investor or buyer?

For investors, this news points to an attractive and government-supported investment environment in the Sultanate of Oman. The demand for major projects such as Sultan Haitham City, with freehold and residency incentives, offers real opportunities for direct foreign investment. Legislative improvements in the Real Estate Register Law also increase transparency and legal security, reducing risks and facilitating transactions. Opportunities in the logistics sector open new horizons for investors specializing in commercial and industrial properties.

For buyers and citizens, progress in integrated city projects such as Sultan Haitham City provides diverse and modern housing options. Initiatives like "Your First Home" reflect the government's interest in facilitating home ownership for citizens. Overall growth in the construction sector indicates the availability of more residential and commercial units in the future, which may contribute to a wider range of options.

Conclusion

These combined developments embody Oman's ambitious vision for a sustainable and prosperous real estate sector, capable of attracting investments and enhancing quality of life, reaffirming the Sultanate's position as a promising destination in the region.

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

Edited by: Imtilak Global©