Oman Real Estate: $2.17bn Transactions & 9.7% Growth (2025)
- Oman's real estate market is experiencing significant growth, with total transactions reaching 833.9 million Omani rials ($2.2 billion) by the end of April 2025.
- The surge in real estate transactions reflects increased activity in sales and mortgages.
- Sales contracts saw a 13.7% increase, reaching 408.5 million rials ($1.06 billion), compared to 359.4 million rials ($934 million) in April 2024.However, the number of sales contracts decreased...
Oman’s real estate market witnessed a considerable surge in April 2025, with transactions soaring 9.7% to $2.2 billion. This significant uptick in the primarykeyword highlights a robust sector, fueled by heightened sales and mortgage activity.Fees from legal transactions also climbed, illustrating a broad-based expansion within real estate. Sales contracts jumped 13.7% to $1.06 billion, even with a slight dip in the number of contracts, and secondarykeyword mortgage contracts increased by 6.1%, reaching $1.09 billion. The data, sourced from the National Center for Statistics and Details, indicates a positive trajectory. For in-depth reporting and analysis, turn to News Directory 3. Discover what’s next for the booming Omani real estate landscape.
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Oman Real Estate Market Sees Transaction Growth in April 2025
Updated June 07, 2025
Oman’s real estate market is experiencing significant growth, with total transactions reaching 833.9 million Omani rials ($2.2 billion) by the end of April 2025. This represents a 9.7% increase compared to the 760.2 million rials ($1.98 billion) recorded during the same period in 2024, according to the National Center for Statistics and Details (NCSI).
The surge in real estate transactions reflects increased activity in sales and mortgages. Fees collected from all legal transactions rose by 18.4%, totaling 24.3 million rials ($63.1 million), up from 20.5 million rials ($53.3 million) in April 2024.
Sales contracts saw a 13.7% increase, reaching 408.5 million rials ($1.06 billion), compared to 359.4 million rials ($934 million) in April 2024.However, the number of sales contracts decreased slightly by 1.4%, with 21,087 contracts compared to 21,385 in the same period last year.
Mortgage contracts also experienced growth, with a 6.1% increase, totaling 421.5 million rials ($1.09 billion) across 7,164 contracts, compared to 397.2 million rials ($1.03 billion) for 6,482 contracts in April 2024.
Exchange contracts showed a slight decrease in volume, with 436 contracts worth 3.9 million rials ($10.1 million), compared to 465 contracts worth 3.6 million rials ($9.4 million) during the same period in 2024.
The number of issued property deeds increased by 1.7%,reaching 73,432 by the end of April 2025,compared to 72,181 in the previous year. Tho, property deeds issued to GCC nationals dropped by 3.9%, totaling 394 compared to 410 in April 2024.
What’s next
This growth in oman’s real estate market suggests continued interest and investment in the region’s property sector, driven by increased sales and mortgage activity.