Oman ranks among top three global property investment hotspots

Estimated read time 2 min read

Muscat: The inaugural https://housearch.com/markets/ released by a leading global online real estate hub Housearch, has spotlighted the Gulf countries, with Oman, Qatar, and the United Arab Emirates, notably Dubai, securing premier positions for residential property investment in 2024. This trend underscores the region’s allure as a stable and dependable investment haven, particularly amidst the cooling property markets in Europe and North America due to anticipated “higher-for-longer” interest rates.

According to the Index’s ranking, Oman and Qatar are attracting global investors seeking reliable and stable cash flows. These markets are emerging as attractive alternatives to traditional investment destinations, offering promising opportunities for portfolio diversification.

The United Arab Emirates, particularly Dubai, has long been a beacon for overseas property investment, renowned for its opulent real estate offerings, favorable business environment, and near-zero tax regime. The recent influx of entrepreneurs, high-tech startups, and high-net-worth foreigners—especially post-Brexit, as the appeal of London has diminished—has further revitalized Dubai’s residential market.

Mark Wilson, Adviser to CEO and Head of Research at Housearch, commented: “Oman and Qatar’s strong showing in our 2024 Index reflects growing investor confidence in the Gulf region as a whole. With gross rental yields ranging from approximately 6% in Qatar to up to 10% in some areas of Dubai, these markets offer lucrative opportunities for those seeking stable returns in the current economic climate.”

The Housearch Investment Index is crafted to assist private real estate investors in assessing the investment attractiveness of residential property markets in 50 countries. The Index takes into account factors such as rental yields, peace and stability ratings, property rights, and economic growth rates. Its 2024 findings reflect a shifting landscape in global real estate investment, with the Gulf countries ascending as key players.

This development presents a noteworthy opportunity for investors looking to diversify their portfolios and tap into emerging markets with high growth potential.

Housearch is a leading global online platform specializing in residential properties, primarily focusing on newly constructed properties sold directly by developers or builders. Launched in 2022, it features an extensive listing of over 4000 new properties in popular investment destinations like the UAE, Turkey, and Thailand.

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