Monday 01 / September / 2025
Muscat: The total value of real estate traded in the Sultanate of Oman reached approximately RO 1.593 billion by the end of July 2025. This marks a 7.9 percent decrease compared to the same period in 2024, when the value was RO 1.7302 billion.
Data released by the National Centre for Statistics and Information (NCSI) showed that fees collected from all legal transactions increased by 24.1 percent, reaching RO 47.4 million compared to RO 38.2 million during the corresponding period last year.
Indicators revealed that the traded value of sales contracts rose by 15.4 percent by the end of July 2025, reaching RO 728.5 million, compared to RO 631.3 million in the same period of 2024. However, the number of sales contracts slightly decreased by 1 percent to 38,226 contracts, down from 38,627 contracts during the same period last year.
The traded value of mortgage contracts saw a significant decrease of 21.3 percent, registering RO 858.4 million through 12,621 contracts. This is a decline from RO 1.0907 billion for 11,799 contracts in the same period of 2024.
Swap Contracts and Property Ownership
The traded value of swap contracts also fell by 25.7 percent, reaching RO 6.1 million for 704 contracts by the end of July 2025, compared to RO 8.2 million for 793 contracts during the same period in 2024.
In terms of property ownership, the number of real estate titles issued by the end of July 2025 increased by 2.7 percent, reaching 134,206 titles, compared to 130,647 titles during the same period in 2024. However, the number of titles issued to GCC nationals decreased by 10 percent, registering 771 titles compared to 857 titles by the end of July 2024.
