Oman Property Sales Value Rises as Overall Trading Slips Through September 2026
By Mehdi Touzene · 2026-11-03 08:29 UTC
Oman’s real-estate trading value fell 0.7% to OMR 2.3315 billion in the first nine months of 2026, even as the value of sales contracts rose 15.9%. A separate price index showed strong annual growth in residential property prices in the second quarter.
Oman’s property market produced a mixed picture in the first nine months of 2026: the value of sale contracts increased, but the total value of real-estate activity edged lower. Figures reported by Oman Daily show that trading value reached OMR 2.3315 billion through the end of September, down 0.7% from the same period in 2025.
Sales and mortgages moved in different directions
The National Centre for Statistics and Information data put the value of sale contracts at OMR 1.076 billion, up 15.9% from OMR 928.6 million a year earlier. The number of sale contracts was nearly unchanged, slipping 0.2% to 50,069. The combination indicates that a higher aggregate sales value did not come from a rise in the number of recorded sale contracts.
Mortgages tell a different story. Their recorded value fell 11.7% to OMR 1.2465 billion, while the number of mortgage contracts rose 22.1% to 20,059. Taken together, those figures show more mortgage contracts but a lower total mortgage value than in the comparable period of 2025. Overall real-estate trading value was OMR 2.3484 billion in that earlier period.
The number of property titles issued also declined, falling 15.5% to 148,319. Of those, 824 were issued to Gulf Cooperation Council nationals, down from 940 in the first nine months of 2025. These title figures are another measure of recorded market activity, rather than a direct count of purchases in any particular neighbourhood.
Price indices show a separate trend
The report also cites second-quarter 2026 property-price indices. Compared with the same quarter of 2025, the overall index rose 22.7%, the residential property index increased 24.6%, and the residential land index climbed 28%. Muscat’s residential land price index rose 40.6% over that comparison period. These are index movements for the second quarter, not transaction totals for the nine months ending in September.
What it means for buyers and investors
For a buyer, the distinction between sales value, contract numbers and price indices matters. The figures suggest that higher recorded sales value can coexist with little change in the number of deals. They do not, on their own, establish what a specific home or plot is worth. Muscat buyers in particular may want to compare recent asking prices with the property’s location, condition and comparable offerings rather than applying a governorate-wide index change to one purchase.
Investors assessing timing should also avoid treating mortgage-contract growth as proof that more money is flowing into property finance: the reported mortgage value moved in the opposite direction. The next figures to watch are whether sales value and deal counts continue to diverge, and whether later price-index releases sustain the second-quarter increases.
Source: Oman Daily.
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