According to new data from the National Centre for Statistics and Information (NCSI), in the second quarter of 2025, the real estate price index in Oman had increased by 10.8 per cent compared to the same period of the previous year.
The overall value of real estate transactions was approximately RO 259.6 million in the quarter, comprising RO 172.3 million residential sector and RO 87.3 million commercial properties.
The report indicated that an improvement in both residential and commercial sectors, which was backed by high demand, ongoing development schemes, and increased investor confidence associated with the objectives of Oman Vision 2040.
Meanwhile, residential real estate had been the main driver of expansion, along the residential index increased by 11.8 percent year-on-year.
The residential land values showed an 11.3 percent up, apartments at 9.7 percent, and villas recorded the highest increase at 17.6 percent and other types of housing were up 1.7 percent.
Muscat had the greatest growth rate of all the governorates, with residential land prices recorded to increase 38.1 percent in comparison with the previous year.
Rise was witnessed in Al Dakhiliyah Governorate (6 percent), Al Batinah South Governorate (3.5 percent), Musandam Governorate (2.3 percent), and Al Sharqiyah South Governorate (0.3 percent).
NCSI attributed the performance of Muscat to the proactive urban development, movement of population towards the capital, and the increasing popularity of mixed-use projects.
Lower residential land prices were experienced in some governorates.
Al Buraimi Governorate reached the highest drop at 37.7 percent, after by Al Wusta Governorate (24.7 percent), Al Dhahirah Governorate (24.2 percent), Dhofar Governorate (6.3 percent), Al Batinah North Governorate (3.1 percent), and Al Sharqiyah North Governorate (0.6 percent).
The commercial real estate index surges 8.8 percent year-on-year, supported by a 7.3 percent up in commercial land prices.
Retail property values increased 4.1 percent, and industrial land prices increased 16.1 percent, showing growth in the industrial and logistics sectors.
