Oman’s shift to a global real estate hub
Oman is moving towards transforming its real estate sector from a traditional model based on land distribution to a modern system focused on attracting international capital and foreign investment. The country has enacted a new property registry law that facilitates foreign ownership, enhances the investment environment, reduces fees, and effectively resolves property disputes. Additionally, the Sultanate is investing in future city projects such as the City of Sultan Hytham and developing an integrated living environment linked to major economic projects. The real estate market has experienced growth of over 18%, with transactions exceeding 678 million Omani Rials. Standard & Poor's has also upgraded the country's credit rating to BB+, reflecting increasing confidence and economic stability that support attracting global investments.
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