The total value of real estate transactions in Oman rose to OMR 833.9 million ($2.17 billion) by the end of April 2025, reflecting a 9.7% increase compared to OMR 760.2 million ($1.98 billion) during the same period last year, according to the National Centre for Statistics and Information (NCSI).
Key figures include:
Legal transaction fees increased by 18.4%, reaching OMR 24.3 million ($63.1 million), up from OMR 20.5 million ($53.3 million) in April 2024.
Sales contract value climbed by 13.7% to OMR 408.5 million ($1.06 billion), despite a 1.4% dip in the number of contracts (21,087 vs. 21,385 last year).
Mortgage transactions grew by 6.1% to OMR 421.5 million ($1.09 billion) across 7,164 contracts, compared to OMR 397.2 million ($1.03 billion) across 6,482 contracts in April 2024.
Exchange contracts saw a slight decline in volume, falling to 436 contracts worth OMR 3.9 million ($10.1 million), down from 465 contracts worth OMR 3.6 million ($9.4 million).
Property deeds issued rose by 1.7%, reaching 73,432 compared to 72,181 in the same period last year.
This steady growth underlines continued investor confidence and activity in Oman’s real estate sector, with strong performance in both sales and mortgage segments.
Source: arabianbusiness.com
