MUSCAT – Data released by the National Centre for Statistics and Information (NCSI) indicate that fees collected from legal real estate transactions rose significantly by 24.1 percent, amounting to RO 47.4 million, up from RO 38.2 million during the same period last year.

Despite the overall decline in transaction value, the traded value of sale contracts increased by 15.4 percent, reaching RO 728.5 million compared to RO 631.3 million in 2024. However, the number of sale contracts slightly decreased by 1 percent, falling to 38,226 from 38,627 in 2024.

In contrast, the traded value of mortgage contracts witnessed a significant decline of 21.3 percent, recording RO 858.4 million across 12,621 contracts, compared to RO 1.09 billion across 11,799 contracts during the same period in 2024. The traded value of swap contracts also declined by 25.7 percent, recording RO 6.1 million across 704 contracts by the end of July 2025, compared to RO 8.2 million across 793 contracts during the same period in 2024.

On the property side, the number of real estate titles issued until the end of July 2025 increased by 2.7 percent to reach 134,206 properties, compared to 130,647 properties during the same period in 2024.
Meanwhile, the number of properties issued to citizens of the Gulf Cooperation Council countries decreased by 10 percent, recording 771 properties, compared to 857 properties by the end of July 2024.