2 Hrs
Source:
الوطن
Housing authority boosts real estate rules
Oman is working to develop and regulate the real estate sector through a comprehensive legislative framework, aiming to enhance investor confidence, protect buyers' rights, and achieve sustainability in the real estate market. The real estate regulation laws mark an important step in unifying the legislative structures governing the sector’s activities, including building permits, off-plan sales, property management, and escrow accounts, thereby promoting transparency and governance. These measures contributed to a 5.4% increase in real estate transactions in June 2026, reaching 1.434 billion Omani rials, alongside a decline in real estate violations and the strengthening of a more attractive and stable investment environment.
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