Oman has introduced a new Real Estate Registry Law under Royal Decree No. 56/2026, giving electronic property records full legal recognition and making registration mandatory for real estate ownership rights. The law also allows non-Omanis, companies, and other legal entities to register property, subject to applicable regulations.
The reform is part of a wider effort to modernise Oman's real estate sector and improve legal protection for property owners. It follows the recent removal of the sponsor requirement for foreign property owner visas, making the market more accessible to international investors.
According to the Ministry of Housing and Urban Planning, the new registry system will support property transactions, off-plan developments, and future urban growth while improving transparency and efficiency across the sector.
New Funding Supports Development
The regulatory changes come alongside the launch of the Oman Real Estate Development Fund, a $250 million (RO 96 million) investment fund established by Oman National Investments Development Company (TANMIA) and FIM Partners Muscat. The fund will provide long-term financing for residential and mixed-use developments, helping developers secure capital and deliver projects more efficiently.
One of the latest completed developments is the first phase of Maysan Square – Duqm Residence in the Duqm Special Economic Zone. The project includes 104 residential units and 130 commercial units, with buyers from 22 countries.
Residential Prices Continue to Climb
Oman's residential property market maintained strong growth in the first quarter of 2026. According to the National Centre for Statistics and Information (NCSI), the country's Real Estate Price Index increased 15.9% year-on-year, while residential property prices rose 17.6%.
Residential land recorded the strongest growth at 21%, followed by villas (9%) and apartments (4.4%). Commercial property prices also increased by 10.5%.
Among the governorates, residential land prices recorded the fastest growth in:
| Governorate | Residential Land Price Growth (Q1 2026) |
|---|---|
| Muscat | 43.6% |
| Al Buraimi | 25.9% |
| Musandam | 17.6% |
| Dhofar | 10.8% |
The combination of rising property values and ongoing regulatory reforms points to a market undergoing steady transformation. Tax advantages and residency programmes linked to property ownership further strengthen Oman's long-term real estate strategy.