Real estate transaction values in Oman increased by 5.5 percent during the first five months of 2026, reaching RO 1.175 billion, according to figures from the National Centre for Statistics and Information (NCSI). This marks a rise from RO 1.114 billion recorded in the same period last year.

The growth was primarily driven by increased sales and mortgage activities, despite a notable decrease in the number of property titles issued. The total value of sales contracts rose 2.9 percent to RO 551.8 million, with 27,864 transactions registered, compared to RO 536.3 million from 27,302 sales contracts in the corresponding 2025 period.

Mortgage contracts saw a more pronounced increase, with their value climbing 7.9 percent to RO 618.1 million, up from RO 572.7 million the previous year. The number of mortgage contracts also rose significantly, reaching 11,130, compared with 9,140 during the same timeframe last year.

Meanwhile, the value of swap contracts grew by 17.8 percent, totaling RO 5.4 million, although the number of such transactions dropped to 319 from 538 in the prior year.

Despite these increases in transaction values, the issuance of property titles declined by 12.9 percent to 82,224, down from 94,414 titles over the same period in 2025. Additionally, property ownership among Gulf Cooperation Council (GCC) citizens fell, with 439 properties registered in their names by the end of May 2026, marking a 28 percent decrease from 610 properties in the previous year.