Oman real estate trades have reached an impressive milestone, hitting OR1.593 billion ($4.1 billion) by the end of July 2025, as reported by the National Centre for Statistics and Information (NCSI). This significant figure highlights the dynamic nature of the Omani property market, reflecting both challenges and opportunities that investors and stakeholders are facing.
The current trading value indicates a 7.9 percent decline compared to the previous year, when total transactions were recorded at OR1.7302 billion ($4.49 billion). Despite this overall decrease in trades, there are notable areas of growth within the market.
Fee Collection and Sales Contracts
One area of growth is the substantial increase in fees collected from legal property transactions, which rose by 24.1 percent to OR47.4 million ($123 million). This uptick is a marked improvement from OR38.2 million ($99 million) recorded during the same timeframe in 2024.
The traded value of sales contracts, another key indicator of market activity, surged by 15.4 percent, achieving OR728.5 million ($1.89 billion) by the end of July 2025. This represents a positive shift from OR631.3 million ($1.64 billion) a year prior. However, the total number of sales contracts issued saw a slight decline, dropping by 1 percent to 38,226 from 38,627 in 2024.
Mortgage Activity and Swap Contracts
The mortgage sector, on the other hand, has experienced a significant contraction. The traded value of mortgage contracts plummeted by 21.3 percent, totaling OR858.4 million ($2.23 billion) across 12,621 contracts. In contrast, 2024 saw OR1.0907 billion ($2.83 billion) in mortgage trades across 11,799 contracts.
Swap contracts also faced difficulties, with their value declining by 25.7 percent to OR6.1 million ($15.8 million) over 704 contracts, compared to OR8.2 million ($21.3 million) from 793 contracts during the same period in the previous year.
Property Ownership Trends
On a more positive note, property ownership registrations have shown growth. The number of real estate titles issued by the end of July 2025 rose by 2.7 percent to 134,206, up from 130,647 in 2024. However, titles issued specifically to GCC nationals saw a downturn, decreasing by 10 percent to 771 from 857 the previous year.
The data illustrates a mixed performance for Oman’s real estate sector, with rising sales values and ownership registrations offset by weakened mortgage and swap activity. Industry experts are closely monitoring these trends as they unfold, acknowledging the complexities in the current market landscape.
Oman Real Estate Market Snapshot: January–July 2025
| Category | Value | Change vs 2024 | Contracts/Titles |
|---|---|---|---|
| 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) | — | + 2.7% | 134,206 |
| Titles issued (GCC nationals) | — | – 10% | 771 |