We, Haitham bin Tarik, the Sultan of Oman
after perusal of the Basic Statute of the State,
the Land Law issued by Royal Decree 5/80,
the Law Regulating Brokerage in Real Estate issued by Royal Decree 78/86,
the System for Apartments and Floors Ownership issued by Royal Decree 48/89,
the Real Estate Register System issued by Royal Decree 2/98,
the System of Escrow Account for Real Estate Development Projects issued by Royal Decree 30/2018,
and the Banking Law issued by Royal Decree 2/2025,
and after presentation to Majlis Oman,
and in pursuance of public interest,
have decreed as follows
Article I
The provisions of the attached Law Regulating Real Estate hereby apply.
Article II
The Minister of Housing and Urban Planning shall issue the executive regulation of the attached law within one year from the date of its entry into force, and shall also issue the necessary decisions for implementing its provisions. Until they are issued, the existing regulations and decisions continue to operate to the degree that they do not contradict with its provisions.
Article III
The mentioned Law Regulating Brokerage in Real Estate, the System of Apartments and Floors Ownership, and the System of Escrow Account for Real Estate Development Projects are hereby repealed, as well as all that is contrary to the attached law or in conflict with its provisions.
Article IV
This decree must be published in the Official Gazette, and comes into force after 180 (one hundred and eighty) days from the date of its publication.
Issued on: 17 Rabi Al-Awwal 1447
Corresponding to: 10 September 2025
Haitham bin Tarik
Sultan of Oman