Publication

Oman Property Market Report - Q2 2026

Oman's property market remained resilient during Q2 2026 despite ongoing regional geopolitical tensions. Whilst GDP declined by 2% year-on-year during Q1 2026, the report notes that the construction sector continued to perform well, inflation remained contained at 2.8%, and the total value of property transactions reached OMR 1.43 billion by the end of June 2026, representing a 5.4% increase compared with the same period in 2025. Foreign direct investment in the real estate sector also increased by 1.2% year-on-year.

The report explores key trends across the residential and office sectors. In the residential market, rental performance varied across established communities, with Al Mouj continuing to command a premium across both apartment and villa segments, whilst Al Khuwair and Qurum recorded rental growth within the apartment market. The Muscat office market remained broadly stable, with rental rates unchanged across most key sub-markets and modest growth recorded in Ghubrah and Azaiba, reflecting continued occupier demand.

Looking ahead, the report highlights Oman's strategic location as a key advantage amid evolving regional trade patterns. Increased demand for warehousing, logistics and trucking services is expected to support the country's free zones and reinforce opportunities across the broader property market.

Read the full report to explore the latest insights shaping Oman's property market.