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Lower mortgage rates drive up Oman property market

by Newsroom Editor
April 16, 2026
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Demand for homes and offices drove Oman’s property market up 16 percent in 2025, supported by lower lending rates and higher occupancy, new data shows.

The value of real estate transactions in the Gulf state increased to OMR1.27 billion ($3.3 billion) last year, from OMR1.09 billion the year before, according to data released by the National Center of Statistical Information (NCSI). 

About 230,000 properties were sold in 2025, up 1 percent, while nearly 75,000 office spaces were rented last year, 8 percent higher than in…

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