Wednesday, February 25, 2026

Oman News

Oman’s real estate transactions cross RO 2.1 billion, up 9.9% by August 2025

Oman’s real estate sector continued its upward momentum, with the total value of transactions reaching RO 2.124 billion by the end of August 2025.

TAS News Service

info@thearabianstories.com

Saturday, September 27, 2025

Muscat: This marks a 9.9 percent increase compared to RO 1.933 billion recorded during the same period in 2024, according to the National Centre for Statistics and Information (NCSI).

Data showed a sharp rise in fees collected for legal transactions, which surged 81.7 percent to RO 79 million, up from RO 43.7 million last year.

The value of sales contracts jumped 16.1 percent, reaching OMR 831 million, compared to RO 716.1 million in 2024. However, the number of sales contracts dipped slightly by 1 percent, totaling 43,971 against 44,398 in the same period last year.

Similarly, the mortgage segment recorded a positive trend, with values climbing 6.4 percent to RO 1.285 billion through 14,415 contracts, compared to RO 1.207 billion via 13,565 contracts in 2024.

In contrast, the traded value of swap contracts fell by 17.7 percent, amounting to RO 7.6 million through 796 contracts, down from RO 9.2 million across 927 contracts last year.

Meanwhile, the number of properties issued increased by 2.6 percent, reaching 153,764 compared to 149,935 in 2024. However, properties issued to citizens of Gulf Cooperation Council (GCC) countries dropped by 12.8 percent, with only 859 properties registered, compared to 985 in the same period of 2024.

Close