Oman real estate transactions fall 0.7% to $6.1bn in 9 months

JEDDAH: Oman’s real estate transactions reached over 2.33 billion Omani rials ($6.1 billion) in the first nine months of 2026, down 0.7 percent from a year earlier, according to official data. The decline came as higher property sales values were offset by a fall in mortgage transaction values, according to a report by the National Centre for Statistics and Information, or NCSI, published by Oman News Agency, or ONA.

Sales rise, mortgage values fall

The value of property sale contracts rose 15.9 percent to 1.08 billion rials, compared with 928.6 million rials in the same period of 2025. The number of sale contracts edged down 0.2 percent to 50,069, from 50,175 a year earlier. The traded value of mortgage contracts declined by 11.7 percent to 1.25 billion rials, although the…