Muscat: Legal transaction fees surged by 74%, reaching RO 85.8 million compared to RO 49.3 million in 2024, reflecting a sharp increase in the value and volume of registered deals.
Sales contracts showed steady performance, with traded values climbing 13.5% to RO 928.6 million, up from RO 817.9 million a year earlier. The total number of sales contracts saw a modest 0.3% increase, totaling 50,175 deals compared to 50,044 during the same period in 2024.
Mortgage transactions also strengthened, registering a 6.7% rise in value to RO 1.411 billion across 16,432 contracts, up from RO 1.322 billion and 15,145 contracts last year. However, swap contracts declined by 16.6%, recording RO 8.2 million across 884 deals, compared to RO 9.8 million through 1,041 contracts in 2024.
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The number of real estate ownership certificates issued up to September 2025 reached 175,436, a 3.5% increase from 169,466 certificates in 2024. Meanwhile, ownership certificates issued to citizens of Gulf Cooperation Council (GCC) countries dropped by 10.9%, totaling 987 certificates compared to 1,108 during the same period last year.
