Oman Real Estate Transactions Exceed OMR 572 Million in Q1 2025; Drop in Sales, Rise in Mortgages and Legal Fees

Muscat – May 12, 2025, Real estate transactions in the Sultanate of Oman reached a total value of OMR 572.7 million during the first quarter of 2025 (January–March), marking a 2.5% decline compared to OMR 587.5 million in the same period in 2024, according to the latest report issued by the National Centre for Statistics and Information (NCSI).

In contrast, the total legal fees collected from property transactions rose by 10.6% to OMR 18.3 million by the end of March 2025, up from OMR 16.5 million in Q1 2024.
These legal fees include the official registration charges for sales, mortgages, barter contracts, and property deeds.

Exact details of Oman’s civil transactions in the first quarter 2025:

• Sale Contracts:
  • Value: OMR 252.4 million
  • Number: 15,815 contracts (down 6.3% from 16,877 in Q1 2024)
• Mortgage Contracts:
  • Value: OMR 317.1 million (up 5.8%)
  • Number: 5,344 contracts (up 10% from 4,858)
• Barter Contracts:
  • Value: OMR 3.2 million (up 12.2%)
  • Number: 354 contracts (down 7.6%)

Issued Property Deeds in Oman first quarter 2025

The number of property deeds issued by the end of March 2025 fell by 3.1%, reaching 55,378 deeds, compared to 57,167 in the same period of 2024.
Deeds issued to GCC nationals also dropped by 13.3%, totaling 280 compared to 323 in Q1 2024.

These figures reflect a shifting dynamic in Oman’s real estate market: while sale transactions have decreased, the rise in mortgages and formal legal fee collections points to a growing emphasis on regulatory clarity, financing, and structured property management.