Oman saw $1.2 bn of real estate transactions in February
Oman saw $1.2 bn (OR447.3 m) of real estate transactions in February, according to information from the National Centre for Statistics and also Info (NCSI).
The figure stands for an increase of 17.4 per cent on the $990m (OR381.1 m) on the very same duration the year prior to.
The overall charges accumulated from all legal actions stood at $32.5 m (OR12.5 m), an increase of 22.8 per cent contrasted to 2022.
Oman real estate
The worth of sale contracts stood at $539m (OR207.5 m), whereas the worth of home loan contracts stood at $619m (OR238.3 m).
The worth of the swap contracts stood at $3.9 m (OR1.5 m).
According to the NCSI statistics, as numerous as 39,079 title actions were issued by the end of February 2023.
The variety of title acts issued for GCC citizens reached 210, contrasted to 148 title actions as at the end of January 2022, consisting of an increase of 41.9 per cent.
Last Updated: 29 March 2023
