Oman real estate trades hit $4.1B by July 2025

MUSCAT, Oman (MNTV) — Oman’s real estate sector recorded trades worth $4.1 billion by the end of July 2025, according to data released by the National Centre for Statistics and Information (NCSI).

The figure marked a 7.9 percent decline compared with the same period in 2024, when total transactions reached $4.49 billion.

Despite the overall drop, government revenues from property-related fees climbed sharply. Fees collected from legal transactions rose 24.1 percent to $123 million, up from $99 million in the same period last year.

Sales contracts showed strong momentum, with traded values increasing 15.4 percent year-on-year to $1.89 billion, compared with $1.64 billion in 2024. The number of sales contracts issued, however, dipped slightly by 1 percent to 38,226.

Mortgage activity weighed on overall performance. The value of mortgage contracts contracted by 21.3 percent, reaching $2.23 billion across 12,621 contracts, compared with $2.83 billion across 11,799 contracts a year earlier.

Swap contracts also declined, with their traded value falling 25.7 percent to $15.8 million for 704 contracts, down from $21.3 million across 793 contracts in 2024.

Meanwhile, property ownership registrations rose, signaling sustained demand. Titles issued increased 2.7 percent to 134,206 by July 2025, compared with 130,647 in the same period last year.

However, registrations granted to GCC nationals fell by 10 percent, reaching 771 titles versus 857 a year earlier.

The mixed results highlight diverging trends in Oman’s real estate market, with higher sales activity and registrations offset by weaker mortgage and swap performance.