According to official data, the index of real estate prices in Oman increased by 17.3 percent in the third quarter of 2025 compared to the last quarter of 2024.
The country’s National Centre for Statistics and Information, or NCSI, based on figures from the Ministry of Housing and Urban Planning, indicated that the commercial property prices increased by 14.6 percent, with commercial land prices growing by 19 percent, and the cost of commercial shops declining by 8.5 percent.
The Oman News Agency reported that the industrial land prices reported a moderate growth of 5.5 percent, and the residential property prices had high cadences of 18.7 percent year-on-year.
The increase in the real estate price index of Oman is in the context of the general momentum in the Gulf real estate markets, with residential activity still strong in the third quarter of 2025.
Price gains were reinforced by the fact that higher demand in larger urban centers in the region, as backed by population growth and continued infrastructure investment, even though some markets were experiencing tighter funding terms.
The ONA report stated that “As for the residential property price index, it achieved clear growth in the third quarter of 2025, with a rate of 18.7 percent compared to the third quarter of 2024, as residential land prices increased by 19.6 percent, residential apartments by 22.4 percent, in addition to the growth of villa prices by 16.5 percent, while the prices of other houses decreased by 0.5 percent.”
The residential land prices in Oman increased by 19.6 percent, apartments by 22.4 percent, and villas by 16.5 percent. Other forms of houses recorded a minor drop of 0.5 percent in prices.
On the governorate level, the biggest growth in residential land prices was in Muscat with 48.3 percent, then Musandam with 29.7 percent, Al-Dakhiliyah with 12.3 percent, Al-Batinah South with 8.7 percent, North Al Batinah with 8.1 percent, and Dhofar with 4 percent.
Meanwhile, some governorates saw declines in residential land prices, with Al-Dhahirah down 25.8 percent, Al-Buraimi down 24.6 percent, Al-Wusta down 13.3 percent, Al-Sharqiyah North down 4 percent, and Al-Sharqiyah South down 2.2 percent.
The ONA report indicated that “This increase reflects continued demand in Oman’s real estate market, with residential properties in Muscat and Musandam driving much of the growth.”
The data also indicate that there is evident regional dissimilarity, with the price gains being concentrated in big cities. Population growth, investment, and infrastructure spending supported high demand in Muscat and coastal governorates, while the interior parts of the country were experiencing a downturn as the market activity slowed down.
