Real estate transactions in the Sultanate exceed 1.43 billion riyals during the first half of 2026

2026-09-21

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Real estate transactions in the Sultanate exceed 1.43 billion riyals during the first half of 2026

The real estate market in the Sultanate of Oman recorded increased activity during the first half of 2026, as the total real estate transaction value reached about 1.434 billion Omani riyals by the end of June, compared to about 1.360 billion riyals during the same period in 2025, achieving a growth of 5.4%, according to the latest data and statistics related to the Omani real estate market. This growth comes in conjunction with an increase in the value of sales contracts and the number of real estate transactions, while the market continues to attract demand for residential properties, mixed-use projects, and assets linked to the tourism and logistics sectors.

1.434 Billion Riyals in Real Estate Transactions in Oman Over 6 Months

The total value of real estate transactions in Oman during the first six months of 2026 reached 1.434 billion Omani riyals, marking an increase of 5.4% compared to the same period last year, when the transaction value was about 1.360 billion Omani riyals.

These figures reflect the continued movement in the Omani real estate market during 2026. However, the rise in transaction value does not necessarily mean that all types of properties or all areas recorded the same performance, as market activity varies depending on the type of property, its location, and the level of demand.

Real Estate Sales Contracts in Oman Rise by 12.2%

The sales sector was one of the main components of real estate activity during the first half of the year, as the value of sales contracts increased by 12.2% to reach about 688 million Omani riyals, compared to about 613 million riyals during the same period in 2025. The number of sales contracts also rose by 6.9%, reaching about 34,017 sales contracts, compared to 31,831 contracts during the first half of the previous year.

The increase in the value of sales contracts indicates continued activity in property and land purchases, while the rise in the number of contracts reflects the expansion of market transactions compared to last year.

Mortgage Continues to Play a Key Role in the Market

In addition to sales operations, real estate financing is one of the important components of real estate activity in Oman. The value of mortgage contracts reached about 740.2 million Omani riyals during the first half of 2026, according to market data reported in recent reports on the Omani real estate sector.

About 13,383 mortgage contracts were also recorded during the same period, highlighting the continued reliance of a segment of buyers and investors on bank financing to purchase properties or finance their real estate assets.

Financing is especially important for buyers considering the purchase of residential units or investing in new real estate projects, as financing and payment plans allow the cost of purchasing a property to be spread over a longer period, according to the terms set by the bank or financing entity.

Why Do These Numbers Matter to Real Estate Investors?

The figures for the first half of 2026 reveal a relatively active real estate market, but looking at total transactions alone is not enough to evaluate a specific investment opportunity.

An investor needs to compare property prices in the targeted area, the type of unit, the level of rental demand, the possibility of resale, as well as the project's location, quality of services and facilities, and the payment plan for properties under construction.

This comparison becomes even more important in light of the real estate price index in Oman rising by 22.7% during the second quarter of 2026 year-on-year, with residential property prices increasing by 24.6% during the same period, according to data from the National Center for Statistics and Information.

Thus, the 5.4% increase in real estate transaction value during the first half of the year and the rise in property prices during the second quarter represent two different indicators that should not be confused. The first measures the value of real estate activity and transactions, while the second reflects changes in property price levels.

Muscat: A Main Hub for Real Estate Activity

Muscat holds special importance in the Omani real estate market due to the size of its residential, tourism, and commercial projects and the variety of options available to buyers and investors.

The capital and its surrounding areas include a range of integrated tourism complexes and modern residential projects, along with new urban development projects that are reshaping some areas of Muscat and providing different options for freehold and investment.

Among the areas and projects that investors can consider are Al Mouj Muscat, Yiti, Muscat Hills, Muscat Bay, and Sultan Haitham City, with each project differing in nature, unit types, prices, and available freehold terms.

New Projects Enhance Real Estate Investment Options in Oman

Real estate activity coincides with the continued development of integrated residential and tourism projects in the Sultanate, providing buyers with diverse options between ready properties and units under construction.

In the Imtilak Global Oman portfolio, we have exceptional real estate options in Oman, including projects such as Aida in Yiti, Trump International Oman, the Sustainable City in Yiti, Vestal in Al Mouj Muscat, and Sultan Haitham City projects such as Wadi Zahaa, Al Wafa District, January Residences, and Sarooj Oasis, in addition to options in Amazi within Hawana Salalah.

These projects differ in terms of location, unit types, development stage, and price. Therefore, the rise in market transaction value does not mean that all projects offer the same opportunities; rather, it makes comparing projects and their investment components more important for the buyer.

What Does Increased Trading Mean for Buyers?

For the buyer looking for a house or apartment in Oman, the increase in transaction value reflects the continued presence of real activity in the market, but it alone is not a reason to make a purchase decision.

Choosing a property remains linked to budget, location, and the purpose of purchase, whether for residence, investment, or rental income, in addition to studying purchase, maintenance, financing costs, and ownership terms.

As for the investor, the increase in transaction value along with rising property prices calls for greater focus on choosing the project, location, and unit type, rather than relying solely on overall market growth when evaluating any investment opportunity.

Omani Real Estate Market: Between Rising Prices and Transaction Growth

Real estate transaction data comes at a time when the Omani market is witnessing a significant increase in property prices, as the latest data from the National Center for Statistics and Information showed a 22.7% rise in the real estate price index in the second quarter of 2026 compared to the second quarter of 2025.

Meanwhile, the total value of real estate transactions increased by 5.4% during the first half of the year, while the value of sales contracts grew by 12.2% during the same period. These combined indicators present a picture of a market witnessing movement in both prices and transactions, with continued variation between regions, property types, and projects.

What Should Investors Watch for in the Coming Period?

Monitoring data for the second half of 2026 will be important to determine whether transaction growth will continue at current rates, as well as to track the movement of land, residential unit, and commercial property prices in different governorates and areas.

New residential and tourism projects, infrastructure development, demand for properties, and the availability of financing options will remain among the factors that could affect market activity in the coming period.

For the investor or buyer looking for properties for sale in Oman, combining general market data with actual price analysis for specific projects and locations provides a more accurate basis for comparing available real estate options.

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