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22/09/2025 06:30 AST
The real estate price index in Oman surged by 10.8% year-on-year in the second quarter of 2025, compared with the same period in 2024.
Data released by the National Centre for Statistics and Information (NCSI) showed that the commercial real estate price index rose by 8.8% in the second quarter of 2025, supported by a 7.3% increase in commercial land prices. Retail property prices climbed 4.1%, while industrial land prices jumped 16.1% during the same period.
Residential real estate also saw significant growth, with the price index up 11.8% in April-June 2025 compared with the second quarter of 2024. Residential land prices rose 11.3%, apartments by 9.7%, villas by 17.6%, and other types of housing by 1.7%.
At the governorate level, Muscat Governorate recorded the highest growth in residential land prices in the second quarter of 2025, up 38.1% year-on-year. This was followed by Dakhiliyah Governorate (6%), South Batinah Governorate (3.5%), and Musandam Governorate (2.3%). South Sharqiyah saw a marginal increase of 0.3%.
Conversely, some governorates experienced a decline in residential land prices. Buraimi Governorate saw the largest drop at 37.7%, followed by Al Wusta Governorate (24.7%), Dhahirah Governorate (24.2%), Dhofar Governorate (6.3%), North Batinah Governorate (3.1%), and North Sharqiyah Governorate (0.6%).
Muscat Daily
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03/10/2025
Kuwait has earned a new Guinness World Record for the longest distance between a patient and a surgeon.
The record was set after a surgical team at Jaber Al-Ahmad Hospital successfully perf
Trade Arabia
03/10/2025
Qatar's saw a robust year-on-year double-digit jump in ships arrival through Hamad, Doha and Al Ruwais ports in the first nine months (9M) of this year, leading to higher movement of containers, carg
Gulf Times
03/10/2025
Qatar Central Bank (QCB) has issued treasury bills worth QR 400 million with maturities of 7, 28 days, 98 days, 189 days, 273 days, and 364 days.
QCB announced in a post on its social media
QNA
03/10/2025
Minister of Finance HE Ali bin Ahmed Al Kuwari took part in the joint meeting of the Finance Ministers and Central Bank Governorsin the Gulf Cooperation Council (GCC) countries' with HE Managing Dire
QNA
03/10/2025
Dubai has long been a global hub for iconic developments, attracting investors from across the world. Among the new generation of companies driving this momentum is NWH Group , a Dubai-based real est
Khaleej Times
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