Skip to Navigation Skip to main content

 News Details

Over than OMR 17 Million the Value of Real Estate Trading in Al Buraimi and Dhofar Last March
Over than OMR 17 Million the Value of Real Estate Trading in Al Buraimi and Dhofar Last March
Published Date : 30/04/2019 Visitors Count : 100

The Ministry of Housing announced that the value of real estate activity in the governorates of Al Buraimi and Dhofar amounted more than OMR 17,500,000 during the month of March, while the fees collected amounted to more than OMR 580,000.

Eng. Mohammed bin Mubarak Al Jabri, Director General of Housing in Dhofar governorate said that the total value of real estate activity registered during the month of March of this year in Dhofar valued over than RO 14,885,000 with fees collected during the same period reaching over than RO 431,000 through the conclusion of 1,567 legal transactions, including sale, grant, inheritance, swap, mortgage, utilization, mortgage redemption, in addition to division.

 

Al Jabri added that Dhofar registered 297 sale contracts, 85 mortgage contracts, 92 grant contracts, 21 inheritance contracts, 4 swap contract, 37 mortgage redemption contract, 18 dividing contracts, 13 utilization contracts and finally 13 deed stamping contracts. The total number of deeds issued during the month of March reached 987 title deed. Al Jabri pointed out that the directorate planned 2 schemes in the Wilayat of Taqah providing 58 land plot of different.

Moreover, the number transactions completed in the directorate during last March amounted to 101 transactions in Implementation and Planning Follow-Up Section, 378 in Geographic Information Systems Section, 315 in Engineering Drawing and 275 in Survey Section. 

 

On the other hand, 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 March in the governorate amounted to more than OMR 2,619,000 while the fees collected amounted OMR 152,870 through the conclusion of 1,314 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 134 in sale contracts, 26mortgage contracts, 40 in donation, 9 in inheritance, 2 in swap, 11 in mortgage release,9 in division and the registration of 35 utilization contracts. The total number of land plots issued during last March amounted 1,031 title deed.

Eng. Khamis Aal Abdus'Salam, Director General of Housing in Al Buraimi concluded his statement stating that the directorate registered 6 housing assistance cases of in the Wilayat of Al Buraimi as well as registering 8 cases of ownership registration and verification and inspected 36 cases in the governorate, including 31 in the Wilayat of Al Buraimi and 5 in the Wilayat of Mahadh.