Oman
The UAE’s neighbour: resort freehold and a residence visa for the owner.
- Role in a portfolio
- UAE satellite
- Foreign ownership
- Freehold only inside tourism zones (ITC)
Oman is the closest foreign market to our own practice: the same buyers, the same region, an hour’s flight from Dubai. A foreigner here does not buy "anywhere" — only inside an Integrated Tourism Complex, an ITC. These are gated resort masterplans with their own infrastructure: Al Mouj near Muscat, Jebel Sifah on the coast, the Salalah projects, the newer Muria districts.
Inside an ITC ownership is full freehold, and it carries a residence visa for the owner and immediate family. That combination — freehold plus residency at considerably calmer price levels than Dubai — is the whole reason Oman enters the conversation.
Outside an ITC nothing is available to a foreign buyer, and this is the first question to ask about any Omani property. If the seller cannot name the ITC the project belongs to, discussing price is premature.
The caveat: A thin market: a fraction of Dubai’s transaction volume, which means the exit is measured in seasons rather than weeks.
Oman on camera
What we filmed on location — projects, rules and the things a brochure leaves out.
Other locations
Comparing this market with Dubai
Tell me the budget, the horizon and what the purchase is for. Where the answer is Dubai I will say so with numbers from our own stock; where it is not, I will say that too.