In the second quarter of 2025, Oman’s real estate price index increased 10.8% year over year when compared to the same time in 2024.
The second quarter of 2025 saw an 8.8% increase in the commercial real estate price index, driven by a 7.3% increase in the price of commercial land, according to data issued by the National Centre for Statistics and Information (NCSI). During the same time period, industrial land prices increased 16.1%, while retail property prices increased 4.1%.
Significant growth was also observed in residential real estate, as evidenced by the price index rising 11.8% from April to June 2025 when compared to the second quarter of 2024. Property values increased by 11.3% for residential land, 9.7% for apartments, 17.6% for villas, and 1.7% for other home types.
In the second quarter of 2025, the Muscat Governorate saw the most increase in residential land prices at the governorate level, rising 38.1% annually. South Batinah Governorate (3.5%), Dakhiliyah Governorate (6%), and Musandam Governorate (2.3%) came next. There was a slight 0.3% growth in South Sharqiyah.
On the other hand, the cost of residential land decreased in certain governorates. At 37.7%, Buraimi Governorate experienced the biggest decline, followed by North Batinah Governorate (3.1%), North Sharqiyah Governorate (0.6%), Al Wusta Governorate (24.7%), Dhahirah Governorate (24.2%), and Dhofar Governorate (6.3%).
