Oman House Prices, Rents & Rental Yields (2026)
How much property costs in Oman, what it rents for and how that compares with neighbouring markets in Western Asia. City-centre prices per m² rank 6 of 10 in this comparison; gross yields rank 2 of 10.
- Apartment price per m² (city centre)
- $1,786
- 2023
- Apartment price per m² (outside centre)
- $1,228
- 2023
- Gross rental yield (city centre)
- 7.2%
- 2024
- Price-to-income ratio
- 3.1
- 2024
- Rent: 1-bedroom, city centre
- $607/mo
- 2023
- Mortgage interest rate (20-year fixed)
- 4.9%
- 2023
Price and rent trends in Oman
Latest property market indicators
| Indicator | Value | Year | Change | Source |
|---|---|---|---|---|
| Apartment price per m² (city centre)Average asking price per square metre to buy an apartment in city centres | $1,786 | 2023 | -1.1% vs 2020 | Numbeo |
| Apartment price per m² (outside centre)Average price per square metre to buy an apartment outside city centres | $1,228 | 2023 | -27.3% vs 2019 | Numbeo |
| Price-to-income ratioMedian apartment price divided by median annual disposable family income | 3.1 | 2024 | -13.9% vs 2023 | Numbeo |
| Gross rental yield (city centre)Annual rent as a percentage of purchase price, city-centre apartments | 7.2% | 2024 | ±0.0 pp vs 2023 | Numbeo |
| Price-to-rent ratio (city centre)Purchase price divided by annual rent, city-centre apartments | 13.8 | 2024 | -0.7% vs 2023 | Numbeo |
| Rent: 1-bedroom, city centreAverage monthly rent of a one-bedroom apartment in the city centre | $607/mo | 2023 | +1.3% vs 2022 | Numbeo |
| Rent: 1-bedroom, outside centreAverage monthly rent of a one-bedroom apartment outside the centre | $413/mo | 2023 | -3.5% vs 2022 | Numbeo |
| Rent: 3-bedroom, city centreAverage monthly rent of a three-bedroom apartment in the city centre | $1,145/mo | 2023 | +7.9% vs 2022 | Numbeo |
| Rent: 3-bedroom, outside centreAverage monthly rent of a three-bedroom apartment outside the centre | $785/mo | 2023 | +12.9% vs 2022 | Numbeo |
| Mortgage interest rate (20-year fixed)Average yearly mortgage interest rate, 20-year fixed | 4.9% | 2023 | +0.3 pp vs 2020 | Numbeo |
Year-by-year data
| Year | Apartment price per m² (city centre) | Apartment price per m² (outside centre) | Price-to-income ratio | Gross rental yield (city centre) | Price-to-rent ratio (city centre) | Rent: 1-bedroom, city centre | Rent: 1-bedroom, outside centre | Rent: 3-bedroom, city centre | Rent: 3-bedroom, outside centre | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024 | — | — | 3.1 | 7.2% | 13.8 | — | — | — | — | — |
| 2023 | $1,786 | $1,228 | 3.6 | 7.2% | 13.9 | $607/mo | $413/mo | $1,145/mo | $785/mo | 4.9% |
| 2022 | — | — | 4.6 | 6.8% | 14.7 | $599/mo | $428/mo | $1,062/mo | $696/mo | — |
| 2021 | — | — | 5.8 | 5.4% | 18.5 | $633/mo | $417/mo | $1,100/mo | $718/mo | — |
| 2020 | $1,805 | — | 9.1 | 3.6% | 28.1 | $597/mo | $405/mo | $1,073/mo | $713/mo | 4.6% |
| 2019 | $2,485 | $1,689 | — | — | — | $653/mo | $479/mo | $1,277/mo | $807/mo | 4.7% |
| 2018 | — | — | — | — | — | $677/mo | $469/mo | $1,311/mo | $886/mo | 5.3% |
| 2017 | — | — | — | — | — | $688/mo | $466/mo | $1,168/mo | $831/mo | — |
Oman compared with Western Asia
| Country | Apartment price per m² (city centre) | Gross rental yield (city centre) | Price-to-income ratio | Mortgage interest rate (20-year fixed) |
|---|---|---|---|---|
| Oman | $1,786 | 7.2% | 3.1 | 4.9% |
| Armenia | $3,156 | 6.3% | 17 | 13.8% |
| Azerbaijan | $1,700 | 5.3% | 14.4 | 9.1% |
| Cyprus | $3,682 | 6.9% | 8.1 | 4.3% |
| Georgia | $1,577 | 8.5% | 13 | 11.8% |
| Iraq | $1,202 | 6.4% | 8 | — |
| Israel | $12,224 | 3.2% | 14.2 | 5.1% |
| Jordan | $903 | 5.7% | 7.5 | 8.0% |
| Kuwait | $6,239 | 3.5% | 7.7 | — |
| Lebanon | $3,450 | 4.8% | 27.4 | — |
Related
- Properties for sale in Oman (54,348)
- Mortgages in Oman for foreigners
- Oman market overview
- Tax rates in Oman
Prices, rents, yields and mortgage rates: Numbeo (crowd-sourced, national averages of city data). Values in US dollars.