Oman’s Real Estate Boom in 2024

Oman is on the rise, emerging as a new hotspot for tourism and investment. In 2024, real estate sales hit $8.8 billion, marking a 29.6% increase compared to 2023.

Key market growth indicators:

• +4.8% – Increase in transaction values.

• +3.8% – Rise in total transactions.

• +46.4% – Surge in mortgage deals.

• +10% – Growth in title deeds issued to GCC nationals.

Invest with Whitewill

The photos show Muscat, a city on the verge of a breakthrough, much like Dubai in 2007. The government has made residency permits easier to obtain, reduced tax burdens, designated areas for full foreign ownership, and updated laws to attract capital, business, and investment.

Muscat has massive potential to become the next major tourist destination on the Arabian Peninsula. Authorities are investing in luxury hotels and beachfront residential projects, reshaping the city’s future.

That’s why we’ve opened a Whitewill office in Muscat—giving you access to expert local brokers who make investing in Oman seamless.