MUSCAT : Oman’s Ministry of Housing and Urban Planning said the Sultanate’s real estate sector recorded traded values exceeding RO3.3 billion during 2024 and 2025, reflecting strong growth in investment activity and rising confidence in the market.

Speaking during the Ministry’s sixth media dialogue held at the Experience and Sales Centre in Sultan Haitham City, officials said the sector achieved cumulative growth of 37.5% compared to 2020, with a compound annual growth rate of 6.6%.

The Ministry said Gulf real estate investment in Oman grew by 95.3% between 2024 and 2025, while foreign investment in the sector increased by 39.4%, supported by legislative stability, urban expansion projects and a more competitive investment environment.

Officials attributed the growth to the rollout of major urban development plans, including the Greater Muscat Structure Plan and future city projects such as Sultan Haitham City and A’Thuraya City, which are aimed at creating integrated residential, commercial and investment hubs.

The Ministry said more than 90,000 beneficiaries were able to select land plots or residential units between 2021 and 2025, reflecting rising demand for housing and real estate products across the Sultanate.

It added that ongoing initiatives, including the “Sorouh” projects and partnerships with local and international developers, have helped strengthen the sector’s contribution to economic diversification and urban growth.

The Ministry also highlighted continued digital transformation across its services, with 99% of services automated and more than 425,000 digital transactions completed in 2025, aimed at improving efficiency and investor experience.

For all the latest news from Oman and GCC, follow us on Twitter, Instagram and LinkedIn, like us on Facebook and subscribe to our YouTube page, which is updated daily.