The director of Savills in the Sultanate of Oman, Ihsan Kharouf, confirmed that the real estate market is experiencing notable stability, supported by abundant supply and government regulations aimed at stimulating investment in both the residential and commercial sectors.
Demand is distributed across apartments, villas, and offices, alongside significant growth in the short-term rental segment, which is set to be formally regulated this year. This trend is expected to increase owners’ returns and support tourism, but it may also reduce the availability of long-term rental units and push prices higher in the future.
Kharouf noted that demand is concentrated on high-quality properties and office spaces, particularly from foreign investors, amid the Sultanate’s plans to launch a financial center to attract investment and diversify the economy.
In addition, ownership-related incentives such as the golden visa have boosted international interest, with real estate inquiries rising by 17.5%. According to recent data, the total value of real estate transactions reached approximately 2.8 billion rials by the end of 2025, with annual contract growth nearing 18%, reflecting the market’s continued momentum.
