Impact of Real Estate Law on Stakeholders
A report has indicated that the Real Estate Regulation Law in the Sultanate of Oman enhances the protection of investors and buyers by standardizing legislative frameworks and regulating real estate development activities, including licensing, contract oversight, and escrow accounts. The law aims to increase confidence in the real estate market and achieve a stable investment environment. It covers project licensing stages and requires developers to comply with legal and technical conditions. The government confirmed that the implementation of these provisions has contributed to a 5.4% increase in real estate transactions until June 2026, along with a rise in the number of registered real estate companies and encouragement of both local and foreign investment.
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