Latest News

  • 08
  • Jan2023

Value of real estate deals in Oman exceeds OMR2.3 billion

The value of real estate transactions in the Sultanate of Oman by the end of November 2022, reached OMR2,311.5 million compared to OMR2,375.6 million during the corresponding period in 2021, constituting a decline of 2.7 per cent, according to the latest data issued by the National Centre for Statistics and Information. Fees collected for completed […]

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  • 17
  • Oct2022

Ministerial decision issued to revise real estate licence fees in Oman

Muscat: His Excellency Dr. Khalfan bin Saeed Al Shuaili, Minister of Housing and Urban Planning has issued a Ministerial Resolution amending the licence to practice the real estate brokerage profession fees at the Ministry of Housing and Urban Planning. The decision includes reducing fees for (6) services related to the real estate brokerage profession by […]

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  • 23
  • Sep2022

Five sites for real estate development in Oman

To provide more houses to citizens and stimulate the real estate sector, the Ministry of Housing and Urban Planning offered five sites for private investments in five governorates. The details were announced by officials at a workshop on real estate projects in Muscat on Thursday. The initiative aims to provide houses for the rising population […]

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  • 01
  • Aug2022

Real estate worth RO1.17bn traded in H1 2022 in Oman

 Real estate worth RO1.179bn was traded in the first six months of 2022, down 7.3 per cent compared to the same period in 2021 when it was RO1.272bn, according to statistics released by the National Centre for Statistics and Information (NCSI). The total fees collected for all legal transactions amounted to RO30.4mn, compared to RO50.9mn […]

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