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Real estate transactions surge in Oman

Posted on 06 August 2010

From Ameinfo.com: According to figures by Oman’s Land Registry, the total volume of real estate transactions in the Sultanate during the first six months of 2010 rose by 60.8% to more than OR992m, compared to OR617m recorded during the same period of last year, Oman Daily Observer has reported.
Ownership deals by GCC citizens during the period grew by 40.7% to 2,299, against 1,634 a year earlier. Mortgage contracts during period were 5,784 with a total value exceeding OR698m. The total monetary value of the mortgage was OR392m, the statistics showed……………………………………….Full Article: Source

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