Oman Sees 5.4% Increase in Real Estate Transactions in Q2 2026

Summary:

Oman's property market showed resilience in Q2 2026, with total property transaction values rising to OMR1.43 billion, a 5.4% increase from the previous year. Property contracts rose by 12.2%, while mortgage activity slightly declined by 0.3%. Foreign direct investment in real estate reached OMR602.5 million, up 1.2% year-on-year. Despite a modest economic slowdown, the medium-term outlook is positive, with GDP growth projected at 6.3% in 2027 and 7.1% in 2028. Established residential areas saw significant rental growth, and the office market remained stable, indicating sustained demand and investor confidence.