MUSCAT : According to data released by the Directorate General of Housing and Urban Planning in the governorate, the value of sale contracts reached RO 8.91 million by the end of June 2025, up from RO 6.68 million in June 2024. The number of sale contracts also saw a significant rise of 48.5 percent, with 1,516 contracts registered by mid-2025 compared to 780 contracts during the same period last year.
Mortgage contracts recorded a 4 percent increase in value, reaching RO 9,522,918 compared to RO 9,141,678 at the end of June 2024. The number of mortgage contracts remained steady, with 199 contracts recorded this year, nearly identical to last year’s 198 contracts.
However, the value of swap contracts dropped sharply by 59 percent, totalling only RO 22,860 by the end of June 2025. The decline is attributed to a decrease in the number of registered swap contracts, which fell to 4, compared to 6 during the same period last year.
On the investment front, contracts for food security projects, carried out in partnership between the Directorate General of Housing and Urban Planning and the Directorate General of Agriculture and Water Resources, recorded a value of RO 3,460,425 in 2025.
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In addition, the initial investment approvals for food security-related opportunities reached RO 1,593,699, reflecting growing interest in agricultural and food-related projects in the governorate.
Ahmed bin Abdullah Al Bartamani, Director General of the Directorate General of Housing and Urban Planning in Al Buraimi Governorate, highlighted that housing assistance programmes vary between construction and home purchases for eligible families. By the end of June 2025, financial approvals had been issued for 93 housing assistance applications, totalling RO 2.7 million.
Al Bartamani added that improvements in service delivery and responsiveness to citizens’ needs were made possible through the activation of several initiatives aimed at diversifying housing options. He pointed to the role of the Tatweer digital platform, which offers a range of transparent investment opportunities, and emphasised the importance of private sector partnerships in enhancing service provision, including real estate brokerage and consulting services.
