Market Note · 3 min read
Muscat real estate in September 2026: what the shift to integrated development signals
Oakbrick CornerStone Realty ·

Oman's latest property statistics give a clear read on where activity is concentrating. Reported figures put the value of sales contracts at around RO 954.1 million by the end of August 2026, up around 14.5 per cent year on year. Total traded value to the end of July was reported at around RO 1.72 billion against around RO 1.59 billion a year earlier. Sales are outpacing the market as a whole.
From trading land to delivering places
The mix shows why. To the end of June, total traded value was reported at around RO 1.43 billion, up around 5.4 per cent, across around 34,017 transactions, around 6.9 per cent more than a year earlier. Sales contracts rose around 12.2 per cent to around RO 688 million. Mortgage contracts eased around 0.3 per cent in value to around RO 740.2 million, yet mortgage transactions jumped around 25.7 per cent to around 13,383: more loans, smaller tickets. Residential prices were reported up around 17.6 per cent year on year in the first quarter, led largely by land values. All of this fits a market moving from trading plots toward integrated schemes that combine residential, commercial and leisure uses with planned infrastructure, guided by the National Spatial Development Strategy.
Oakbrick's view
Three figures matter most for anyone weighing property in Muscat: sales value rising faster than total value, mortgage counts climbing while mortgage value is flat, and price growth led by land rather than built stock. Together they suggest a broader base of smaller financed buyers rather than a few large deals, which is usually the sturdier foundation. The caution: land led price growth can run ahead of what completed product will support. We would test the land basis behind any off-plan price, and read the next release before treating around 17.6 per cent as a trend.
Source: Oman National Centre for Statistics and Information and published market reports.