Real estate transactions in Oman jump 27%

MUSCAT: The total value of real estate transactions in the Sultanate of Oman rose to RO 235.8 million by the end of January 2026, marking a 27.1 per cent increase compared to RO 185.5 million recorded during the same period in 2025.
Data released by the National Centre for Statistics and Information (NCSI) showed that the value of property sales contracts climbed 37.5 per cent to RO 109.9 million, compared to RO 79.9 million a year earlier.
The number of sales contracts recorded a marginal rise of 0.7 per cent, reaching 5,725 transactions, up from 5,688 during the corresponding period in 2025.
Mortgage activity also registered solid growth. The value of mortgage contracts increased 20 per cent to RO 125.4 million across 2,179 contracts, compared to RO 104.5 million through 1,705 contracts in the same period last year.
In contrast, swap contracts declined significantly. Their total value fell 50.4 per cent to RO 0.5 million for 100 contracts, down from RO 1 million for 152 contracts a year earlier.
Meanwhile, the number of property titles issued in Oman declined 24.9 per cent to 15,469 titles, compared to 20,588 titles recorded during the same period in 2025.
Titles issued to GCC nationals also fell sharply, dropping 59.1 per cent to 83 titles, compared with 203 titles issued by the end of January last year. — ONA