Real Estate Deals Value in Oman Exceeds RO 2.4bn


Muscat: The total value of real estate trading in the Sultanate of Oman until the end of November 2023 stood at RO 2.444 billion compared to RO 2.313 billion until the end of November 2023, comprising a growth of 5.7 percent compare to the same period in 2022, according to the showed date of the National Center for Statistics and Information (NCSI).

The total fees collected from all legal actions stood at RO 60.5 million, an increase of 4.9 percent from the end of November 2022.

The value of sales contracts stood at RO 972 million for 60,424 sales contracts with a decrease in value. A rate of 9.5 percent, with a decrease in the number of contracts by 5.9 percent.

The traded value of mortgage contracts increased by 19.5 percent, recording RO 1.462 billion for 21,461 contracts, while the number of swap contracts reached 1,302 contracts, worth RO 10.5 million.

According to the NCSI statistics, as many as 217,835 title deeds were issued by the end of November 2023 reached, an increase of 0.8 percent, while the number of title deeds issued to GCC citizens reached 1,241 properties, an increase of 57.5 percent.

Terms of Use:

  • This website Arabian Daily is an individual’s property, not used for any commercial or sales purposes. What you see here are one’s random thoughts in action. I, by no means, endorse any product or party through this, unless stated explicitly.
  • All work you will find here is copyrighted unless stated otherwise. No part of this work can be reproduced in any way with the exception of a) if you share our work, it should link back to this website; b) if you quote any part of our work, it should be properly credited to us with a link to this website.
  • All images used on this website have been taken from open source image websites on the Internet. If any of them are copyrighted to you and you want us to take them down or add credits, please feel free to contact us here, or by using the contact form on this page.
  • The views expressed on Arabian Daily are solely ours. They do not represent any party or any particular school of thought. This website does not promote racism in any form.
  • Privacy Policy:
    This website will respect the readers’ and the writer’s privacy. We do not sell any of their personal or contact information to another company. We do not put your information on spam lists. Also, and more importantly, we are not responsible for the privacy practices of any of our advertisers or website commenters.
  • Reserve Rights: We reserve the right to change the focus on this website, to shut it down, sell it or to change the terms of use at our own discretion.