17% Jump in Apartment Prices in Oman During Q1 of 2025

Official data released by the National Centre for Statistics and Information in the Sultanate of Oman revealed a 7.3% increase in the residential real estate price index during the first quarter of 2025, compared to the same period in 2024. This increase was driven by a notable rise in most categories of residential properties.

According to the data, apartments topped the growth rates, registering a 17% increase, followed by residential villas at 6.4%, and residential land at 6.5%, while other types of houses recorded a 2.2% increase.

On a quarterly basis, the general residential property price index rose by 5.5% in Q1 2025 compared to Q4 2024. Land prices increased by 5.5%, apartment prices by 4.3%, villas by 4.5%, while other housing types saw a sharp rise of 13.4%, according to the Oman News Agency.

At the governorate level, Muscat Governorate led the way with the highest growth in residential land prices at 17.4% compared to the same quarter in 2024, followed by Musandam at 12.8%, North Al Batinah at 7.3%, South Al Batinah at 6.1%, then Dhofar at 6%, and South Al Sharqiyah at 3.4%.

In contrast, some governorates recorded price declines, most notably Al Buraimi with a sharp drop of 35.1%, followed by Al Dhahirah at 25.3%, Al Wusta at 20.4%, Al Dakhiliyah at 3.7%, while North Al Sharqiyah saw a slight decrease of 0.8%.

Imtilak Global facilitates the process of real estate ownership in the Sultanate of Oman by providing a wide range of comprehensive and premium services for real estate investors.
The company ensures full support throughout the ownership process, including facilitation of legal and bureaucratic procedures.

Edited by: Imtilak Global©