Saturday 13 / June / 2026
Muscat: The real estate price index in the Sultanate of Oman recorded an increase of 15.9 percent in the first quarter of 2026 compared to the same period in 2025.
Data issued by the National Centre for Statistics and Information (NCSI) indicated that commercial real estate prices grew by 10.5 percent, driven by a rise in industrial land prices by 16.5 percent and commercial land prices by 11 percent, while retail shop prices declined by 1.8 percent.
The residential property price index also achieved a growth of 17.6 percent in the first quarter of this year compared to the same quarter of 2025. This was attributed to the rise in residential land prices by 21 percent, residential apartment prices by 4.4 percent, in addition to the growth in villa prices by 9 percent, while the prices of other houses decreased by 1.1 percent.
The governorate level, Muscat Governorate led in growth in residential land prices in the first quarter of 2026 at 43.6 percent, compared to the same quarter of last year, followed by Al Buraimi Governorate at 25.9 percent, Musandam Governorate at 17.6 percent and Dhofar Governorate at 10.8 percent.
Prices also rose in Al Dakhiliyah Governorate by 5 percent, South Al Sharqiyah Governorate by 4.7 percent, South Al Batinah Governorate by 4 percent, Al Dhahirah Governorate by 2.5 percent, and Al Wusta Governorate by 2 percent, while North Al Batinah Governorate recorded a slight increase of 0.2 percent.
In contrast, the North Sharqiyah Governorate witnessed a decrease in residential land prices, amounting to 14.9 percent compared to the same period last year.
