Properties for Sale in Oman at Affordable Prices

What Are the Lowest Real Estate Prices in Oman?

The Sultanate of Oman offers diverse real estate options suitable for various budgets, especially for affordable properties. The price of a property depends significantly on several factors, such as its location, size, building category, and the project's location within the city. For instance, in the capital city of Muscat, apartment prices can start from around $60,000 in newly developed areas, while in Salalah and surrounding regions, properties can be found at even lower prices, particularly if they are located away from coastal or tourist areas.

Prices tend to be lower in under-construction projects compared to completed ones, as developers often offer competitive prices during early sales stages to attract investors. By collaborating with reputable real estate companies, it is possible to find apartments priced between $100,000 and $150,000, or sometimes even lower, depending on the available offers and the nature of the project.

What Are the Cheapest Cities and Areas in Oman to Buy Affordable Properties?

• Muscat: The capital city, Muscat, offers a variety of real estate options. Although some areas in Muscat city are known for higher property prices, there are other areas where more affordable properties can be found, such as:
  • Al Ghubra South: This area is known for its range of reasonably priced properties, especially with the availability of new projects under construction, providing good opportunities to acquire properties at a reasonable cost.
  • Knowledge Oasis Muscat: Located in the northern part of Muscat, this area includes several modern real estate projects at competitive prices, making Knowledge Oasis an ideal destination for those looking to invest at lower costs.
• Salalah and Dhofar: The governorate of Dhofar and the city of Salalah are destinations where affordable properties can be found. Areas located on the outskirts or away from the coast, such as mountainous areas and villages surrounding Salalah, are good options for those seeking budget-friendly properties. Moreover, this region is experiencing new real estate developments, offering residential units at competitive prices.

How to Buy Affordable Property in Oman?

• Look for Under-Construction Properties: This is one of the best ways to obtain a property at a lower price, as most real estate companies offer significant discounts on properties in Oman during the construction phases. These discounts can act as an incentive for buyers to invest early in the project. For example, apartments or residential units can be obtained at discounted prices that are 10% - 30% lower than the final price of a completed property.
• Work with Reputable Real Estate Companies: Collaborating with well-known and trusted real estate companies in the Omani market is essential for purchasing a property at a reasonable price. Companies like Imtilak Global offer specialized advisory services to help clients identify suitable areas and choose properties that align with their budgets.
• Take Advantage of Seasonal Offers: Real estate companies in Oman offer special deals during certain times of the year, such as seasonal discounts or interest-free financing options. Buyers can benefit from these offers to secure properties at reduced prices.
• Invest in Developing Areas: Searching for properties in new or developing areas can provide opportunities to buy properties at affordable prices, as prices in these areas tend to be lower than in well-established urban areas.

Read also: Advantages of Living in the Sultanate of Oman.

Affordable Properties for Sale in Oman

Imtilak Global offers a variety of affordable properties in Oman within prominent projects, including:

• Retal Project:
  Located in the Al Ghubra South area in Muscat, this project is one of the modern real estate developments offering a diverse range of residential apartments at competitive prices. Developed by Rakaz Real Estate Development Company, this project is currently under construction and is expected to be completed in the fourth quarter of 2027. Prices in the Retal Project start at $137,000, making it an ideal option for those looking for affordable properties in a vibrant area in Muscat.
• Uptown Muscat Project:
  One of the key modern real estate projects in the Knowledge Oasis area of Muscat was developed by Wajha Real Estate Development Company. This project is currently under construction and is expected to be completed in the third quarter of 2028. The Uptown Muscat Project offers residential units at prices starting from $123,000, providing an excellent investment opportunity in the city of Muscat given the variety of facilities and services it offers.

Buy the Best Properties in Oman at Affordable Prices with Imtilak Global

Choosing the right property requires knowledge and familiarity with the real estate market, which is precisely what Imtilak Global offers with its extensive experience in the Omani real estate sector. We provide specialized advisory services and accompany you throughout the purchasing journey, ensuring you get the best properties at competitive prices.

Whether you are looking for a property for residence or investment, we are here to help you select the property that best meets your aspirations. Book your free real estate tour now and take advantage of the best offers with Imtilak Global, our company specializing in real estate in Oman.