The Oman real estate market has demonstrated remarkable resilience and growth, with total transactions reaching a significant $2.17 billion by April 2025. This achievement marks a notable 9.7% increase compared to the previous year, highlighting the sustained interest and investment potential within the region. The latest insights from the National Centre for Statistics and Information (NCSI) offer a detailed overview of the various facets contributing to this robust performance in Oman real estate transactions.
The total value of real estate transactions in Oman reached RO 833.9 million ($2.2 billion) by the end of April 2025, reflecting a 9.7% increase from RO 760.2 million ($1.98 billion) during the same period in 2024, according to the latest data from NCSI.
Key highlights from the data include:
- Fees collected from all legal transactions rose by 18.4%, reaching RO 24.3 million ($63.1 million), compared to RO 20.5 million ($53.3 million) in April 2024.
- The traded value of sales contracts increased by 13.7%, amounting to RO 408.5 million ($1.06 billion), in contrast to RO 359.4 million ($934 million) in April 2024. Despite this rise, the number of sales contracts fell by 1.4%, with 21,087 contracts recorded compared to 21,385 the previous year.
- Mortgage contracts saw a 6.1% increase, totaling RO 421.5 million ($1.09 billion) across 7,164 contracts, compared to RO 397.2 million ($1.03 billion) for 6,482 contracts in April 2024.
- Exchange contracts showed a slight decrease in volume, with 436 contracts worth RO 3.9 million ($10.1 million), down from 465 contracts valued at RO 3.6 million ($9.4 million) during the same period in 2024.
Additionally, the number of issued property deeds increased by 1.7%, reaching 73,432 by the end of April 2025, compared to 72,181 the previous year.
Oman Real Estate Growth
However, property deeds issued to GCC nationals dropped by 3.9%, totaling 394 compared to 410 in April 2024.