We are pleased to release the Oman Property Market Report for Q1 2025 revealing the real estate services sector contributed OMR 1.08 billion to GDP by the end of 2024, marking a 1% year-on-year increase, with a large number of projects reaching critical stages compared to 2023 as per the National Center for Statistics and Information (NCSI). 

Here are some key highlights from the report:

• Residential: Among apartments, Al Mouj has consistently commanded a rentalpremium, reflecting its high-end positioning and it has become thefirst choice for many expatriates as well as nationals seekinghousing within an integrated scheme.
  In the villa segment, Al Mouj continues to lead in pricing, underliningits status as a premium residential destination.
• Office: Rents across Muscat have shown mixed performance between 2020 and Q1 2025, with early declines giving way to moderate recovery in several submarkets. The Central Business District (CBD) witnessed a drop from OMR 2.3/sqm in 2020 to OMR 2.0/sqm in 2021, maintaining that level since. 

Read the full report now.