Muscat, Abdullah bin Salim al-Mukhaini, Secretary
of the Real Estate Registry at the Ministry of Housing said that the
value of traded contracts during December 2018 stood at RO
235,308,000, while the collected fees amounted to RO 7,644,000. He
added that the real estate activity involved 34,698 transactions that
included sale, grant, inheritance, exchange, mortgage and mortgage
redemption, usufruct and division transactions.
Al-Mukhaini further said that the total value of sale contracts stood at
RO 126,549,000 through 4944 sale transactions at the level of the
Sultanate’s governorates while the fees collected hit RO 4,497,000.
He pointed out that the Governorate of North Al Batinah recorded
the highest number of sale contracts compared to other governorates
during December 2018 to 974 sale contracts, followed by the
Governorate of South Al Batinah with 896, the Governorate of Muscat
with 872, A’Dakhiliyah with 611, South A’Sharqiyah with 434, North
A’Sharqiyah with 389, A’Dhahirah with 317, Dhofar with 203 and Al
Buraimi with 128, Al Wusta with 94 and Musandam with 26 sale
Al-Mukhaini added that 24,498 title deeds were issued during
December 2018 including those issued for the GCC citizens.
The Secretary of the Real Estate Registry at the Ministry of
Housing added that the total value of exchange contracts reached over
RO 1,343,000 while the fees collected from such contract transactions
stood at more than RO 26,000, through 146 relevant contracts.
He further said that the total value of mortgage contracts stood at
more than RO 107,415,000 through concluding contracts at the level of
governorates in the Sultanate. He pointed out that the fees collected
from mortgage contracts hit RO 776,000. Of this, 81 plots were issued
to the GCC citizens.
Source: Oman News Agency