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2018 Indicators: Over OMR 157 Mln the Value of Traded Real Estate in Dhofar and Over OMR 8 Mln in Al Wusta
2018 Indicators: Over OMR 157 Mln the Value of Traded Real Estate in Dhofar and Over OMR 8 Mln in Al Wusta
Published Date : 21/05/2019 Visitors Count : 300

 

 The annual statistical report for the year 2018 issued by the Ministry of Housing highlighted many indicators, data and information relating to the housing sector in the various governorates of the Sultanate. This report reviews the most important indicators regarding the housing sector in Dhofar and Al Wusta governorates. The indicators of the rest of the governorates should be published successively.

 

Dhofar Governorate

Planned lands

During the year 2018, the Ministry planned 4,614 plots of land of various uses in Dhofar governorate, including 2,750 plots of land for residential use, 128 plots for commercial use, 346 plots for residential-commercial use, 210 plots for industrial use, and 1,180 plots for government use.

Distributed lands

In Dhofar governorate 1,749 plots of land of different uses were distributed, including 726 plots for residential use, 257 plots for commercial use, 642 plots for residential-commercial use, 14 plots for industrial use, and 110 plots for government use.

Real Estate Registry

The real estate trading volume in the governorate of Dhofar during the year 2018 amounted to more than OMR 157 million, while the fees collected totaled more than OMR 2 million through the completion of 6,517 legal transactions which involved 3,452 sale contracts, 56 swap, 911 mortgage, 985 donation, 403 inheritance, 468 mortgage release, and 242 dividing, while the number of deeds issued in the governorate reached 10,826 during last year.

 

Al Wusta Governorate

Planned lands

On the other hand, during the same year, the ministry planned 1,738 plots of land of various uses in Al Wusta governorate, including 799 plots of land for residential use, 73 plots for commercial use, 172 plots for residential-commercial use, 334 plots for industrial use, and 360 plots for government use.

Distributed lands

A number of 853 plots of land of different uses were distributed in Al Wusta governorate, including 667 plots of land for residential use, 14 plots for commercial use, 49 plots for residential-commercial use, 46 plots for industrial use and 77 plots for government use.

Real Estate Registry

The real estate trading volume in the governorate of Dhofar during the year 2018 amounted to more than OMR 8 million, while the total fees collected amounted to OMR 30,000 through the completion of 1,432 legal transactions which involved 1,205 sale contracts, 10 swap, 72 mortgage, 80 donation, 14 inheritance, 38 mortgage release, and 13 dividing. The total number of title deeds issued in Al Wusta governorate reached 2,937.