The value of real estate transactions in Oman increased by 5.4 percent year-on-year, reaching RO 1.43 billion in the first half of 2026, according to data released by the National Centre for Statistics and Information (NCSI). The rise was primarily driven by stronger property sales, despite a decline in the number of new property titles issued.

Sales contracts recorded a notable increase in value, climbing 12.2 percent to RO 688 million by the end of June. The number of sales transactions also grew by 6.9 percent, totaling 34,017 compared with 31,831 in the same period last year.

Mortgage activity showed mixed trends. The total value of mortgage contracts dipped slightly by 0.3 percent to RO 740.2 million, while the volume of mortgage transactions expanded significantly by 25.7 percent, reaching 13,383 contracts, up from 10,647 in the previous year.

Swap transactions experienced a rise in value, gaining 20.3 percent to RO 5.8 million. However, the number of swap contracts decreased sharply, falling 39.3 percent to 362.

Meanwhile, the issuance of property titles saw a decline of 8 percent, with 101,700 titles issued during the first half of 2026. Properties granted to citizens of Gulf Cooperation Council (GCC) countries also fell substantially by 22.4 percent, totaling 541 titles.

The data suggests a dynamic real estate market in Oman, with growing sales and mortgage activities despite reductions in property title issuances and swaps.