Oman Ministerial Decision No. 357/2020 On the Controls of Selling Residential Real Estate units as per the Usufruct Regulation for Non-Omanis in the Multi-storey Commercial Residential Buildings

Based on the Apartments and Floors Ownership Regulation issued by Oman Sultani Decree No. 48/1989;

Land Register Regulation issued by Oman Sultani Decree No. 2/1998;

Law of prohibition of ownership of lands and real estates by non-Omanis in some locations, issued by Oman Sultani Decree No. 29/2018;

Oman Sultani Decree No. 93/2020 changing the name of the Ministry of Housing to the Ministry of Housing and Urban Planning, and determination of its competencies and approval of its Organisational Structure;The approval of the Ministry of Finance; and

Based on the requirements of the public interest;

The following has been decided:

Article 1

The selling of residential real estate units shall be subject to the Usufruct Regulation for Non-Omanis in the Multi-Storey Commercial Residential Buildings, according to the attached controls.

Article 2

The Minister of Housing and Urban Planning shall determine the locations of selling residential real estate units to non-Omanis according to the approved planning standards.

Article 3