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Over than OMR 28 Million the Value of Real Estate Trading in Al Buraimi, Musandam, Dhofar and North Al Batinah Last February
Over than OMR 28 Million the Value of Real Estate Trading in Al Buraimi, Musandam, Dhofar and North Al Batinah Last February
Published Date : 24/03/2019 Visitors Count : 195

The Ministry of Housing announced that the value of real estate activity in the governorates of Al Buraimi, Musandam, Dhofar and North Al Batinah amounted to more than OMR 28,781,000 during the month of February, while the fees collected amounted to more than OMR 1,831,000.

Eng. Khamis bin Saif bin Zahran Aal Abdus'Salam, Director General of Housing in Al Buraimi governorate stated that the value of real estate activity recorded during the month of February in the governorate amounted to more than OMR 2 Million while the fees collected amounted OMR 135,000 through the conclusion of 1,407 legal transactions of sale, donation, inheritance, swap, mortgage, mortgage release, utilization in addition to division.

Eng. Aal Abdus'Salam added that new transactions were registered in the governorate including 139 in sale contracts, 20 mortgage contracts, 31 in donation, 11 in inheritance, 6 in swap, 13 in mortgage release, 4 in deed stamping, 7 in division and 31 utilization contracts.

Eng. Khamis Aal Abdus'Salam, Director General of Housing in Al Buraimi concluded his statement noting that the total number of land plots issued during last February amounted 1,145 title deed as well as the directorate finished Al Salahih scheme in the Wilayat of Al Sinanah which provided 713 land plot of different uses. He noted that the department of ownership verification and registration in the directorate registered14 ownership cases, including (13) in the Wilayat of Al Buraimi and (1) in the Wilayat of Mahadh as well as the directorate inspected (36) cases in the governorate.          

On the other hand, Eng. Haidar bin Abdulhadi bin Qambar Al Lawati, Director General of Housing in Musandam governorate confirmed that the value of real estate trading in the governorate during last February amounted to OMR 683,519 while the amount of fees collected was OMR 32,795 through the execution of 484 legal transactions of sale, donation, inheritance, mortgage, mortgage redemption, utilization and division.

Eng. Haidar added that new transactions were registered in the governorate including 25 contracts in sale, 22 in donation, 7 in the inheritance, 2 in swap, 11 in mortgage, 3 in mortgage release, and finally 2 contracts in deed stamping. As for the number of title deeds, a total 400 new titles were issued last February. He also stated that the directorate inspected (9) cases of ownership verification including (5) cases in the Wilayat of Khasab and (4) cases in the Wilayat of Daba.

 

As for the work of the Directorate General of Housing in Dhofar Governorate, Eng. Mohammed bin Mubarak Al Jabri, Director General of Housing in Dhofar Governorate, confirmed that the total value of real estate activity recorded during February in the governorate amounted to more than OMR 8,890,000 while the fees collected amounted to more than OMR 421,645 through the execution of 1,393 legal transactions of sale, donation, inheritance, swap, mortgage, mortgage release, utilization and division.

Eng. Al Jabri added that the transactions of the sale contracts in Dhofar governorate recorded 281 contracts, while 58 contracts were made in mortgage, 73 in donation, 25 in inheritance, 4 in swap, 43 in mortgage release and 26 contracts in division, in addition to 19 contracts in utilization. He pointed out that the Directorate carried out the planning of (H) block scheme in the wilayat of Taqah offering 41 plots of land of various uses in addition to the planning of (B) block scheme in Hino area, providing 11 land plots of various uses.

Eng. Mohammed bin Mubarak Al Jabri, Director General of Housing in Dhofar governorate concluded his statement by noting that the total number of cases registered in the Housing Assistance Program amounted to (5) cases in a number of wilayats and (1) housing loan case also registered in the Wilayat of Salalah. Furthermore, the title deeds issued reached (845) at the governorate level.

 

On the other hand, Eng. Hassan bin Sulaiman Al Salmi, Director General of Housing in North Al Batinah Governorate, stated that the value of the real estate activity in the governorate during February amounted to more than OMR 17,000,000, while the fees collected were more than OMR 1,242,497, through the execution of 6,702 legal transactions, including sale, donation, inheritance, mortgage, mortgage release, utilization and division.

Eng. Al Salmi added that during the same period, 1012 contracts were registered in sale transactions, while 182 transactions were registered in mortgage, 326 in donation, 282 in inheritance, 22 in swap, 83 in mortgage release, 38 in deed stamping, and 18 contracts in the utilization transactions. Moreover, the total number of title deeds issued during last February amounted to (4430) included all the wilayats of North Al Batinah governorate.

Eng. Hassan bin Sulaiman Al Salmi, Director General of Housing in North Al Batinah Governorate concluded his statement saying that the number of land plots completed within detailed schemes during the month of February reached 51 plots of different uses, including the Al Hwail commercial extension scheme No.266 and Del Al Abdul salam extension scheme No.326 in the wilayat of Saham which provided 13 plots of different uses and the planning of Al Aqli scheme in (wadi Shafan) No.002 and Al Ghaizain schematic pocket No.022 in the wilayat of Al Khabourah providing 17 plots of different uses, in addition to Al Arja scheme No.162 in the wilayat of Liwa which provided 21 plots of different uses