Oman’s real estate market is developing in terms of diversity and sophistication. Improved economic conditions and diversification combine with demographics to drive the development of premium office space, residential communities, integrated tourist complexes, hotels and large scale retail-mixed use projects.

AMJ’s extensive track record of acting on behalf of government authorities, lenders, borrowers, investors, developers or occupiers, gives us an in-depth understanding of the industry as well as the ever-evolving laws and regulations governing its operation.  Our real estate lawyers advise corporations, sovereign wealth funds, pension funds, investment banks, real estate funds, hotel owners and operators, retailers, public sector bodies, and developers on the full range of real estate development projects, direct and indirect investment transactions, real estate financing, corporate occupier matters and dispute resolution.

The team advises on all aspects of real estate activity including acquisitions and disposals of real estate assets, planning and development, PPP/PFI, construction and engineering, environment and tax, equity investment structures and joint ventures, real estate debt financing, commercial and industrial leasing, and dispute resolution. As a market leader in Islamic finance, we are particularly adept at structuring real estate projects and financings using Shariah-compliant structures or a hybrid blend of conventional/ Shariah-compliant structures.

We also advise on sector-specific laws and regulations applicable to real estate ownership in power and water, retail, infrastructure, integrated tourism complexes and economic free zones. Recent work includes advising on the OMR 5 billion joint venture between Majid Al Futtaim and the Oman Tourism Development Company to develop Madinat Al Irfan, a new city development on the outskirts of Muscat.