Real
Estate Sale Contracts in Oman Rise by 12.4%

Muscat,
11 Aug (ONA) — The value of real estate sales contracts in the Sultanate of
Oman increased by 12.4% to reach RO 613 million by the end of June 2025, up
from RO 545.6 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 RO 1.36 million by
the end of June 2025, marking a 3.5% decrease compared to RO 1.41 million in
the corresponding period of 2024.

The
data also revealed a 25.5% increase in fees collected from all legal
transactions, reaching RO 40.5 million, compared to RO 32.3 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 RO 742.2
million, covering 10,647 contracts. This is a drop from RO 856.7 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 RO 4.8
million by the end of June 2025, compared to 671 contracts worth RO 7.3 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.

—Ends/AG