Oman's real estate trading value tops OMR833 million
Muscat: The total value of real estate transactions in the Sultanate of Oman reached OMR833.9 million by the end of April 2025, marking a 9.7% increase compared to the same period in 2024, which recorded OMR760.2 million, according to data released by the National Centre for Statistics and Information (NCSI).
The data indicate that fees collected from all legal transactions rose by 18.4%, reaching OMR24.3 million compared to OMR20.5 million during the same period last year. The traded value of sales contracts increased by 13.7%, amounting to OMR408.5 million by the end of April 2025, up from OMR359.4 million in the corresponding period of 2024.
Meanwhile, the number of sales contracts declined by 1.4%, totaling 21,087 contracts compared to 21,385 contracts by the end of April 2024.
On the other hand, the traded value of mortgage contracts rose by 6.1%, recording approximately OMR421.5 million across 7,164 contracts, compared to OMR397.2 million for 6,482 contracts by the end of April 2024. As for exchange contracts, 436 contracts worth OMR3.9 million were traded by the end of April 2025, compared to 465 contracts worth OMR3.6 million during the same period in 2024.
The number of issued property deeds increased by 1.7%, reaching 73,432 by the end of April 2025, compared to 72,181 during the same period in 2024.
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