Oman: Real estate prices rise 17.3% in Q3 2025

Oman’s real estate market recorded strong growth in the third quarter of 2025, with the overall real estate price index rising by 17.3% compared to the same period in 2024, according to the latest figures released by the National Centre for Statistics and Information (NCSI).

The commercial real estate segment posted a 14.6% year-on-year increase, largely driven by a sharp 19% rise in commercial land prices. Industrial land prices edged up by 5.5%, while retail shop prices declined by 8.5% over the same period.

The residential sector outperformed the market, with the residential real estate price index climbing 18.7% year-on-year. Residential land prices rose by 19.6%, apartment prices surged by 22.4%, and villa prices increased by 16.5%. Prices of other housing types, however, recorded a marginal decline of 0.5%.

At the governorate level, Muscat registered the strongest growth in residential land prices, soaring by 48.3% compared to the third quarter of 2024. Musandam followed with an increase of 29.7%, while Al Dakhliyah recorded growth of 12.3%. North Al Batinah and South Al Batinah posted gains of 8.1% and 8.7% respectively, and Dhofar saw a 4% increase.

In contrast, several governorates recorded declines in residential land prices. Al Dhahirah saw the steepest drop at 25.8%, followed by Al Buraimi at 24.6%, Al Wusta at 13.3%, and North Al Sharqiyah at 4%.