Oman Real Estate Price Index Rises 13.9% in Q4 2025

Muscat, Oman: The Sultanate of Oman recorded a 13.9% year-on-year increase in its real estate price index in Q4 2025, according to data released by the National Centre for Statistics and Information (NCSI).

The latest figures highlight continued momentum across Oman’s property market, supported by strong performance in both residential and commercial segments, despite some variations across asset classes and regions.

Residential segment drives overall growth

The residential property index recorded a 14.6% increase in the fourth quarter of 2025 compared to the same period in 2024, emerging as the primary driver of overall market growth.

This increase was largely supported by a 14.6% rise in residential land prices, alongside a 20.6% increase in villa prices and a 0.6% uptick in apartment prices.

The data reflects growing demand for residential assets, particularly villas and land plots, as buyers continue to prioritise space, lifestyle quality, and long-term investment value.

Commercial sector sees mixed performance

The commercial real estate price index rose by 12.3%, driven mainly by an 18.8% increase in commercial land prices.

However, performance across the segment remained mixed. The prices of retail shops declined by 12.1%, while industrial land prices recorded a decrease of 2.9%, indicating varying demand dynamics across different commercial asset classes.

Regional variations highlight shifting demand patterns

At the regional level, the Muscat Governorate recorded the strongest growth in residential land prices, with a significant increase of 41.3% in Q4 2025.

Other governorates that recorded growth include:

• South Al Batinah Governorate: 6.3%
• Musandam Governorate: 4.8%
• Dhofar Governorate: 2.9%
• North Al Batinah Governorate: 1.3%
• South A’Sharqiyah Governorate: 1%
• A’Dakhiliyah Governorate: 0.6%
• North A’Sharqiyah Governorate: 0.6%

In contrast, several regions experienced declines in residential land prices, including:

• Al Wusta Governorate: -40.3%
• A’Dhahirah Governorate: -24.7%
• Al Buraimi Governorate: -16.4%

Market outlook remains supported by structural demand

The latest data underscores the resilience of Oman’s real estate sector, particularly in the residential segment, where demand continues to strengthen across key urban centres.

While certain commercial segments are experiencing short-term adjustments, the broader market remains supported by population growth, infrastructure development, and increasing investor interest.

The performance of Muscat and other leading governorates further reinforces Oman’s position as a growing real estate market within the GCC, offering opportunities across both residential and commercial sectors.