Oman’s real estate sector recorded trades worth OR1.593bn ($4.1bn) by the end of July 2025, according to data from the National Centre for Statistics and Information (NCSI). The figure reflects a 7.9% decline from the same period in 2024, when the total reached OR1.730bn ($4.49bn).
Despite the overall dip, property transaction fees surged 24.1%, rising to OR47.4m ($123m) from OR38.2m ($99m) a year earlier.
Sales activity showed resilience: the value of sales contracts jumped 15.4% to OR728.5m ($1.89bn), up from OR631.3m ($1.64bn) in 2024, although the number of contracts edged down 1% to 38,226.
Mortgages weakened significantly, with their traded value falling 21.3% to OR858.4m ($2.23bn) across 12,621 contracts, compared with OR1.09bn ($2.83bn) across 11,799 contracts last year.
Swap contracts also dropped, with values sliding 25.7% to OR6.1m ($15.8m) for 704 contracts, down from OR8.2m ($21.3m) across 793 contracts in 2024.
In contrast, property ownership registrations increased 2.7%, reaching 134,206 titles issued, compared with 130,647 a year earlier. Titles issued to GCC nationals, however, declined 10% to 771 from 857.
Overall, the data highlights a mixed performance for Oman’s property market in the first seven months of 2025 — with gains in sales values and ownership registrations tempered by declines in mortgages and swaps.
Oman Real Estate Market Snapshot (Jan–Jul 2025)
Total traded value: OR1.593bn ($4.1bn), –7.9%
Fees collected: OR47.4m ($123m), +24.1%
Sales contracts: OR728.5m ($1.89bn), +15.4% (38,226, –1%)
Mortgage contracts: OR858.4m ($2.23bn), –21.3% (12,621, +7%)
Swap contracts: OR6.1m ($15.8m), –25.7% (704, –11%)
Titles issued (total): 134,206, +2.7%
Titles issued (GCC nationals): 771, –10%
Source: Arabian Business
