The Omani real estate market records 1.7 billion riyals in July and mortgage jumps by 22%

In a new indicator of the strength of the real estate recovery in the Sultanate of Oman, official authorities announced today, September 15, 2026, that the value of real estate transactions in the Sultanate recorded 1.715 billion Omani riyals in July 2026, an annual increase of 7.7% compared to the same period last year. The figures published by the National Media Center reveal an Omani real estate market witnessing balanced growth across all indicators: sales, mortgages, and even ownership by GCC nationals. For us at Imtilak Global, these numbers are clear signals to investors that Oman is entering a stage of real estate maturity in 2026.

Growth in Real Estate Sales Value by 15.7%

According to official data, the value of real estate sales contracts in July 2026 reached 843.2 million Omani riyals, an increase of 15.7% compared to 728.5 million riyals in July 2025. This growth in value outpaces the growth in the number of transactions (which was only 3.9%), indicating an important phenomenon.

A higher increase in value than in number means that the average price of real estate units is rising, which is a positive indicator for current investors, as their real estate portfolios are growing in market value faster than just the increase in the number of deals. The number of sales contracts reached 39,719 compared to 38,226 in 2025, reflecting stable demand in the market without speculative bubbles.

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The Biggest Jump: 22.3% Increase in Mortgages

This may be the most important indicator in today's report. While the value of mortgage contracts rose by a modest 0.7% only (reaching 864.4 million riyals), the number of mortgage contracts jumped by 22.3%, from 12,621 contracts to 15,441 contracts.

According to expert analysis, this jump in the number of mortgage contracts means confidence among market participants. When buyers borrow to buy property, it means they expect future value growth or stable rental returns. The increase in the number of contracts with stable value indicates that banks are financing smaller deals, reflecting a wider spread of ownership among the population (not just large investors). For investors, this indicator is the green light confirming that the Omani market is not a bubble, but rather organic growth supported by bank financing.

Growth in the Number of Swap Contracts by 41.6%

Real estate swap contracts recorded remarkable growth, with their number increasing by 41.6% to reach 411 contracts, while their value reached 8.2 million riyals (an increase of 33.6 million riyals over 2025).

Swap contracts (where two owners exchange their properties) reflect high liquidity in the market. When owners are willing to swap their properties, it means they are confident in their ability to sell and buy other units easily. This type of transaction is rare in stagnant markets and common in developing ones.

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The report also revealed an increase in the ownership of real estate by GCC nationals in Oman, with 643 real estate units issued to Gulf nationals in July 2026, an increase of 11.2% compared to the previous year. This percentage may seem small, but it is actually a strategic indicator, as the Gulf investor is among the most cautious and savvy investors in the region. Their decision to invest in Oman means they see:

• Legal stability (ownership protection).

• Attractive rental returns (7-9% on average).

• Expected capital growth (5-8% annually).

These numbers reinforce our message at Imtilak Global to Gulf investors that there are hundreds of investors from your countries who trust the Omani market.

What Do These Numbers Mean for Investors?

When all these indicators are combined, a clear picture of the Omani market in mid-2026 emerges:

The Omani market in 2026 is not a market for quick speculation, but rather a market for steady investment with compound returns (rent + capital growth) and low risk.

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Why Should You Care as an Investor?

For investors in the Gulf, official figures confirm that Oman is going through a real estate maturity phase similar to what Dubai experienced in 2012-2014, but without speculative bubbles. So if you are looking for:

• Stable rental yield (7-9% in tourist complexes).

• Moderate capital growth (5-8% annually).

• Safe legal environment (full ownership in ITCs).

• Increasing liquidity (22% increase in mortgages).

Today's official figures confirm that Oman in 2026 offers this formula in a rare way in the region, and is a testament to Oman's transformation into a mature real estate investment destination. Investors should monitor areas with high demand for mortgages (such as Muscat and Salalah) and take advantage of the current momentum.