Oman real estate trades have reached OR1.593bn ($4.1bn) by the end of July 2025, as reported by the National Centre for Statistics and Information (NCSI). This figure provides a significant snapshot of the current landscape within Oman’s real estate market, offering insights into ongoing trends and shifts in activity. While the total trades indicate a downturn compared to the previous year, there are notable areas of growth, particularly in sales contracts and property ownership registrations.
Mixed Performance in Real Estate Transactions
The total value of real estate trades in Oman marks a 7.9 percent decline from OR1.7302bn ($4.49bn) recorded during the same timeframe in 2024. This downturn may raise concerns about the overall health of the market; however, there are encouraging signs within specific segments. Notably, revenue from all legal property transactions has risen markedly, with fees collected climbing 24.1 percent to OR47.4m ($123m) compared to OR38.2m ($99m) from the previous year.
Sales Contracts on the Rise
Interestingly, the value derived from sales contracts has increased by 15.4 percent, reaching OR728.5m ($1.89bn) by the end of July 2025, up from OR631.3m ($1.64bn) a year earlier. However, the total number of sales contracts issued has seen a slight decrease, dipping by 1 percent to 38,226 from 38,627 in the same period of 2024. This indicates a shift in the market, where value per transaction may be increasing even if the overall quantity of transactions is declining.
Challenges in Mortgage and Swap Contracts
Mortgage activity has faced significant challenges. The traded value of mortgage contracts has contracted sharply, falling by 21.3 percent to OR858.4m ($2.23bn). This contrast is evident when compared to the OR1.0907bn ($2.83bn) across 11,799 contracts in 2024. Additionally, swap contracts have dwindled, with values declining by 25.7 percent to OR6.1m ($15.8m) for 704 contracts, compared to OR8.2m ($21.3m) recorded during the same period last year.
Growth in Property Ownership Registrations
Despite some areas of decline, property ownership registrations have shown positive growth. The total number of real estate titles issued by the end of July 2025 increased by 2.7 percent, totaling 134,206, up from 130,647 in 2024. However, titles issued specifically to GCC nationals have seen a drop of 10 percent, falling to 771 from 857 a year earlier, highlighting a nuanced performance across different demographics.
The latest figures reflect a mixed performance for Oman’s real estate sector—with growing sales values and ownership registrations offset by weaker mortgage and swap activity. This complex landscape suggests a need for further analysis and adaptation as Oman’s real estate market continues to evolve toward 2025.
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 |