Oman's property market is demonstrating rapid growth and attractiveness for investment. The market is expected to grow 1.5 times in the next 5 years, with a compound annual growth rate of almost 10%. Oman's leading property developers:
- Al Mouj Muscat — launched the second phase of Zunair Mansions in the Shatti neighbourhood in October 2022.
- Muriya Tourism Development — the largest private developer in Oman, specialising in the tourism and entertainment sectors. Wael Al Lavati was appointed CEO in January 2023.
- Wujha Real Estate — in April 2022, Oman Post and Asyad Express signed a partnership agreement with Wujha Real Estate for investment, design and land development.
- Eagle Hills Properties
- Majid Al Futtaim
- DarGlobal
- Al Raid Group
- Al-Taher Group
- Maysan Properties SAOC
- Zen Development and Investment
Oman's residential property market is valued at $4.38 billion in 2024 and is expected to reach $6.8 billion by 2029.