New government MoUs and agreements

Recent government agreements and memoranda of understanding signal planned investment in housing, new cities and Duqm.

Key facts

Status
Announced agreements; delivery stages vary

Overview

A memorandum of understanding (MoU) records an intention to cooperate. It is not the same as a signed construction contract or finished project. This page summarises recent agreements reported by official and press sources.

Housing and urban development, October 2026. The Urbanism, Housing and Construction Exhibition and Conference, held with World Habitat Day 2026, opened in Muscat on 5 October 2026. It was organised by the Ministry of Housing and Urban Planning with UN-Habitat. On opening day, 20 partnership, development and tender-award agreements were signed, with a combined value announced as more than RO 1 billion. Locations included Sultan Haitham City, Al Thuraya City, Khazaen Economic City and Kamzar, plus the Surooh integrated-neighbourhood programme.

Examples reported include RO 45 million for 220 homes in Al Thuraya City's Neighbourhood 5C, RO 55 million for 265 homes in Neighbourhoods 5A and 5B, and RO 186.6 million across eight Surooh agreements for 2,443 homes. A separate report adding up individually published values reached about RO 372 million, so the headline total is not fully explained.

Duqm, June 2026. Agreements and memoranda valued at about OMR 2.9 billion were announced for the Special Economic Zone at Duqm.

Many headline figures are announced commitments and not spent money.

What it means for buyers

MoUs and agreements can show where public and private investment is heading, which may help buyers understand which areas are getting attention.

They are not guarantees. Scopes, values and timelines can change, and some MoUs do not lead to construction. Treat announced values as intentions and look for later signs such as awarded contracts and site works.

For individual purchases, the specific project's approvals, payment plan and handover terms matter more than a headline figure. Nothing here is a promise of price growth or returns.

The Off-Plan Oman team can help you check the status of projects on WhatsApp.

Timeline

June 2026
Agreements and memoranda worth about OMR 2.9 billion announced for Duqm.
5 October 2026
Housing exhibition opens in Muscat; 20 agreements worth more than RO 1 billion announced.
To be confirmed
Contract awards, site works and delivery dates for individual agreements.

Frequently asked questions

What is an MoU?

A memorandum of understanding records an intention to cooperate. It is not the same as a construction contract.

What was announced in October 2026?

20 agreements worth a combined value of more than RO 1 billion, covering housing, services and tourism projects.

Is the RO 1 billion figure confirmed spending?

No. It is the announced combined value. One report adding individually published values found about RO 372 million, as some values were not disclosed.

Do MoUs mean construction has started?

Not necessarily. Check whether a contract has been awarded and works have begun.

Where can I ask about a specific project?

Contact the Off-Plan Oman team on WhatsApp.

Official sources

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