Oman real estate market — prices, rental yield and trend

• Average price: $2,378 / m²
• Gross rental yield: 5.46%
• 12-month price change (USD): 15.9%
• Net rental yield: 5.3%
• Transaction cost: 6%
• Price basis: national average

Oman is one of the faster-moving markets Glopra tracks: the average residential square metre now costs $2,378, +15.9% in dollar terms over the last twelve months. That makes it the 212th most expensive of the 264 markets in the set.

What a buyer pays in Oman

The $2,378 figure is a national average across all residential property types, which flattens a wide spread — the capital typically runs far above it and small towns far below. Buying costs — transfer tax or stamp duty, notary, registration and agency — come to about 6% of the price here. On a 100 m² apartment at the average price that is roughly $14,268 on top of the $237,800 purchase price. That is below the 9.5% median across the set, which shortens the time it takes for a purchase to break even. Inside Oman we also track Muscat separately, where the average is $2,841 — 19.5% above the national figure.

What it earns

A square metre lets for about $10.8 a month. Against a purchase price of $2,378 per square metre that is 5.5% gross, before tax. Both figures come from the same source and the same period, so you can check the arithmetic yourself. It ranks 116th of 311 markets by gross yield. Rental income is taxed at 3%, which takes the yield down to 5.3% net. The 0.2-point difference between the gross and net figure is the part most listing sites leave out.

How the tax works. 3% — this is not an income tax but a municipal tax on rent, charged on the gross amount with no deductions; Oman has no personal income tax in 2026. It is therefore not comparable with other countries' income tax and is generally not creditable at home under tax treaties. Sources disagree on whether landlord or tenant bears it, and it should not be confused with the one-off lease registration fee (5% in Muscat). Royal Decree 56/2025 introduces a 5% personal income tax from 1 January 2028, but only on income above OMR 42,000 a year. Source: PwC Oman.

Who can buy in Oman

Freehold only in Integrated Tourism Complexes (ITC). That is the rule a foreign buyer meets first, not legal advice — check the current position locally before you commit.

How this figure is built

The price figure for Oman is built from asking prices from listings. It was last refreshed on 2026-10-22. We rate our confidence in this market’s data low — treat the figures as indicative and check them before acting. We recompute every market the same way; a figure that fails our checks is suppressed, not guessed.

Sources: numbeo.com · omanobserver.om · sandsofwealth.com. Snapshot: 2026-10-22.