Monday 11 / August / 2025
Muscat: The value of real estate sales contracts in the Sultanate of Oman increased by 12.4% to reach OMR613 million by the end of June 2025, up from OMR545.6 million during the same period in 2024.
Data from the National Centre for Statistics and Information (NCSI) shows that the total value of traded real estate in Oman was approximately OMR1.36 million by the end of June 2025, marking a 3.5% decrease compared to OMR1.41 million in the corresponding period of 2024.
The data also revealed a 25.5% increase in fees collected from all legal transactions, reaching OMR40.5 million, compared to OMR32.3 million in the same period last year.
In contrast, the number of sales contracts declined by 2.3% to 31,831, down from 32,596 contracts during the same period last year.
Furthermore, the value of mortgage contracts decreased by 13.4% to approximately OMR742.2 million, covering 10,647 contracts. This is a drop from OMR856.7 million for 10,028 contracts recorded by the end of June 2024.
Exchange contracts also saw a decline, with 596 contracts traded for a value of OMR4.8 million by the end of June 2025, compared to 671 contracts worth OMR7.3 million during the same period in 2024.
The number of issued real estate title deeds saw a slight increase of 0.8%, reaching 110,551 by the end of June 2025, up from 109,666 titles in the same period of 2024. Additionally, the number of titles issued to GCC citizens increased by 4.7% to 697, compared to 666 by the end of June 2024.
