The Oman real estate market sees shifts in traded value as overall activity shows mixed performance across key segments. Although total transactions fell, specific areas such as direct sales saw notable growth. These changes reflect how the Oman real estate market is adjusting to new buyer behavior and financing patterns.
The total worth of property deals across Oman’s housing sector hit OMR1.11 billion. This reflects a 10 percent decline from the earlier period. Still, investor activity remains strong, particularly in high-value property sales.
Sales contracts within Oman’s property sector climbed by 17.3 percent to OMR536.3 million. This growth shows rising demand for direct property purchases. Yet, contract numbers dipped by 2.6 percent to 27,302, indicating fewer but higher-value transactions.
The mortgage segment of the Oman real estate market moved in the opposite direction. Mortgage values fell by 26.1 percent, reaching about OMR572.7 million. Yet, the number of mortgage contracts increased to 9,140. These figures suggest that people are financing smaller or lower-value properties more cautiously.
Swap contracts dropped as well. Oman’s property market recorded just 538 such deals valued at OMR4.6 million. Earlier, there were 583 swaps worth OMR5.2 million. This decline suggests reduced interest in property-for-property exchanges, likely due to changing investment goals.
Legal transaction fees collected in the Oman real estate market rose by 13.5 percent to OMR30.9 million. This increase reflects more high-value deals and stronger fee collection systems.
Property documentation saw a slight improvement. The total properties issued across Oman’s property sector rose by 0.2 percent to 94,414. Though small, this increase reflects steady interest in registering real estate assets.
Regional demand also grew. Gulf Cooperation Council (GCC) nationals acquired 657 properties within Oman’s property sector. This represents a 24.4 percent rise, highlighting stronger cross-border investment activity.
The Oman real estate market remains dynamic and adaptable. While some segments slow down, others grow fast. These changes highlight evolving buyer preferences and broader economic shifts.
