Muscat

Capital of Oman on the Gulf of Oman. Foreign freehold is limited to ITCs (Al Mouj, Muscat Bay, Muscat Hills, AIDA/Yiti); upper-tier ITC pricing runs around OMR 1,200-2,400 per sqm.

AED 1.25m Median starting price
19 Off-plan projects
Muscat

Explore Projects in Muscat

View all developments in Muscat and explore their locations on the map.

Area Overview

Description

Muscat is the capital of Oman and the country’s main urban and commercial centre. It stretches for about 90 km along the Gulf of Oman coastline, with the Al Hajar Mountains on the inland side.

At the end of 2025, Muscat Governorate had a population of around 1.53 million. Expatriates account for about 61%, with strong communities in areas such as Al Khuwair, Madinat Sultan Qaboos, Qurum, and Al Mouj.

Muscat is known for its calm environment and low crime levels, and it is often ranked among the most liveable cities in the Gulf.

Price Analysis

Muscat: property prices and market data

Foreign buyers in Muscat purchase in Integrated Tourism Complexes. Prices range from about OMR 400 per sqm in Muscat Hills to above OMR 3,000 per sqm on the Al Mouj waterfront.

+18.7% National residential price index, Q3 2025, year on year
+22% Apartment price growth, 2025
+16% Villa price growth, 2025
+18-25% Price growth in Al Mouj and Muscat Hills
40-60% ITC price premium over non-ITC areas
~OMR 240,000 Average home price in Muscat
OMR 500-2,000 Service charges per year

Price per sqm by community

Community and type Price per sqm (OMR) USD approx. Gross yield
Al Mouj, apartments 2,200-3,000 ~$5,700-7,800 4-6%
Al Mouj, waterfront villas 2,800-3,600+ ~$7,300-9,400+
AIDA / Yiti, villas (off-plan) 550-900 ~$1,430-2,340 7-9% (estimated)
Muscat Hills, apartments 400-700 ~$1,040-1,820 5-7%
Muscat Bay, apartments and villas 650-1,100 ~$1,690-2,860 5-7%
OMR 65,000 Muscat Hills, price from
AED 870,000 AIDA, price from

Infrastructure

  • Oman’s capital city, offering high international real estate appeal across its Integrated Tourism Complexes (ITC).

    • Muscat International Airport (MCT) (10 min drive) — primary international gateway to the Sultanate of Oman

    • Sultan Qaboos Highway (1 min drive) — central multi-lane expressway running through the capital

    • Muscat Expressway (5 min drive) — high-speed bypass connecting the coastal and inland districts

    • Muscat International Airport: 10 min

    • Sultan Qaboos Grand Mosque: 10 min

    • Royal Opera House Muscat: 15 min

    • Muttrah Corniche: 20 min

    • Al Mouj Muscat: 5 min

    • Muscat International Airport (MCT) is the country’s main air hub, handling around 13.2 million passengers in 2025

  • Muscat hosts prestigious IB World Schools and British curriculum academies driving family tenant demand.

    • ABA Oman International School (10 min drive) — premier full IB World School campus

    • The Sultan’s School (15 min drive) — leading bilingual and international curriculum school

    • The British School Muscat (15 min drive) — UK curriculum campus, rated Outstanding

  • Healthcare is supported by modern private tertiary hospitals and university teaching centers.

    • Sultan Qaboos University Hospital (15 min drive) — major national academic medical complex

    • Aster Royal Hospital Muscat (10 min drive) — flagship private tertiary hospital with 24/7 emergency

    • Muscat Private Hospital (12 min drive) — established multi-specialty private healthcare center

  • Home to one of the Middle East’s most monumental architectural and religious landmarks.

    • Sultan Qaboos Grand Mosque (5 min drive) — iconic Islamic architectural landmark holding 20,000 worshippers

    • Al Ameen Mosque (10 min drive) — landmark illuminated mosque perched in Bausher

  • Freehold investment zones benefit from proximity to mega-malls and traditional heritage bazaars.

    • Mall of Oman (10 min drive) — Oman’s largest shopping destination with Snow Oman and Carrefour

    • Muscat City Centre (5 min drive) — regional mall with 200+ stores and VOX Cinemas

    • Muttrah Souq (20 min drive) — historic waterfront bazaar famous for frankincense and silver

    • Muscat International Airport: 10 min

    • Sultan Qaboos Grand Mosque: 10 min

    • Royal Opera House Muscat: 15 min

    • Muttrah Corniche: 20 min

    • Al Mouj Muscat: 5 min

  • Highly attractive for holiday rentals due to Qurum Beach, Al Mouj Marina, and coastal mountain reserves.

    • Qurum Beach & Natural Park (12 min drive) — expansive sandy beach promenade and municipal parkland

    • Al Mouj Marina (5 min drive) — 400-berth premier yachting and water sports marina

    • Muttrah Corniche Promenade (20 min drive) — scenic coastal harbor walkway facing the Gulf of Oman

    • Muscat is a low-density, spread-out city where high-rise buildings are restricted across the governorate, keeping an open, coastal feel

  • Cultural real estate value is driven by the Royal Opera House, marina dining, and luxury beach clubs.

    • Royal Opera House Muscat (12 min drive) — world-class performing arts center with fine-dining galleries

    • Al Mouj Waterfront Dining Strip (5 min drive) — vibrant pedestrian promenade with international restaurants

    • Shangri-La & Al Bustan Resorts (25 min drive) — 5-star beachfront dining and spa resorts

Developers in Muscat

Luxury Branded Waterfront
DarGlobal
Dubai, UAE

DarGlobal is the international development arm of Saudi Arabia's Dar Al Arkan, founded in 2017 and listed on the London Stock Exchange since 2023. It specialises in ultra-luxury branded residences developed with partners including Trump, Pagani, Aston Martin, Automobili Lamborghini and ELIE SAAB.

20+ Off-plan now
2017 Founded
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Luxury Waterfront
Eagle Hills
Abu Dhabi, UAE

Eagle Hills is an Abu Dhabi-based private developer founded in 2014 by Mohamed Alabbar, focused on large-scale mixed-use waterfront destinations across emerging markets - including Belgrade Waterfront in Serbia, Maryam Island in Sharjah and projects in Georgia, Jordan and beyond.

5+ Off-plan now
2014 Founded
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Family-Owned
Majid Al Futtaim
Dubai, UAE

Majid Al Futtaim is a privately held Dubai conglomerate founded in 1992, known for Mall of the Emirates and City Centre malls, and for residential master communities such as Tilal Al Ghaf. It holds one of the highest credit ratings among privately held companies in the region.

5+ Delivered
15+ Off-plan now
1992 Founded
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FAQ

  • Can foreigners buy property in Muscat?

    Yes, but only in approved Integrated Tourism Complexes (ITCs). In Muscat, these include Al Mouj, AIDA/Yiti, Muscat Hills, and Muscat Bay.

  • What are property prices in Muscat in 2026?

    Prices depend on location. Al Mouj waterfront units range from about OMR 2,200-3,600 per sqm. Muscat Hills apartments start around OMR 65,000.

  • What rental yields can buyers expect?

    ITC communities generally offer gross yields of 5-8%. Al Mouj is typically around 4-6%.

  • Does buying in Muscat give Oman residency?

    Yes, but the duration depends on the property's value. Purchases below OMR 200,000 grant a renewable 2-year residency.

  • What is the difference between Al Mouj and AIDA?

    Al Mouj is a fully developed waterfront community with a marina, golf course, hotels, and strong rental demand. AIDA is an off-plan cliffside development in Yiti with lower entry prices.

  • What are the costs of buying in Muscat?

    The main cost is a 3% property transfer fee. There is no property tax, capital gains tax, or income tax on rent.

  • Can the purchase be completed remotely?

    Yes. Purchases can be completed remotely using a power of attorney.

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