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Over OMR 60 Mln the Value of Traded Real Estate in North Al Sharqiyah and Over OMR 100 Mln in South Al Sharqiyah
Over OMR 60 Mln the Value of Traded Real Estate in North Al Sharqiyah and Over OMR 100 Mln in South Al Sharqiyah
Published Date : 28/05/2019 Visitors Count : 99

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 North and South Al Sharqiyah governorates.

 

Planned and distributed lands in North Al Sharqiyah 

During the year 2018, the Ministry planned 6,580 land plots of various uses in North Al Sharqiyah governorate, including 3,967 land plots for residential use, 161 plots for commercial use, 172 plots for residential-commercial use, 1,0391 plots for industrial use, and 1,241 plots for government use. In North Al Sharqiyah governorate 5,276 land plots of different uses were distributed, including 5,069 plots for residential use, 17 plots for commercial use, 29 plots for residential-commercial use, 14 plots for industrial use, and 147 plots for government use.

 

 

Real Estate Registry in North Al Sharqiyah

The real estate trading volume in the governorate of North Al Sharqiyah during the year 2018 amounted to more than OMR 60 million, while the fees collected totaled more than OMR 1 million through the completion of 8,778 legal transactions which involved 4,617 sale contracts, 324 swap, 931 mortgage, 1,701 donations, 363 inheritances, 625 mortgage release, and 217 dividing, while the number of deeds issued in the governorate reached 17,634 during last year.

 

Planned and distributed lands South Al Sharqiyah

On the other hand, during the same year, the ministry planned 3,860 land plots of various uses in South Al Sharqiyah governorate, including 2,727 land plots for residential use, 92 plots for commercial use,120 plots for residential-commercial use, 328 plots for industrial use, and 593 plots for government use. In South Al Sharqiyah governorate 2,583 land plots of different uses were distributed, including 2,533 plots for residential use, 3 plots for commercial use, 10 plots for residential-commercial use, 7 plots for industrial use and 30 plots for government use.

 

 

Real Estate Registry in South Al Sharqiyah

The real estate trading volume in the governorate South Al Sharqiyah during the year 2018 amounted to more than OMR 1,11 million, while the fees collected totaled more than OMR 1.5 million through the completion of 8,058 legal transactions which involved 4,561 sale contracts, 116 swap, 893 mortgage, 1,404 donations, 335 inheritances, 444 mortgage release, and 305 dividing, while the number of deeds issued in the governorate reached 14,291 during last year.