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Ministry of Housing: Over OMR 7 Million the Value of Real Estate Trading in Al Buraimi, Musandam and Al Dhahira Last December

Posted by Raja Sheraz on March 3, 2019
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 The Ministry of Housing announced that the value of real estate activity in the governorates of Al Buraimi, Musandam and Al Dhahira amounted to more than OMR 7,414,000 during the month of December of last year, while the fees collected amounted to more than OMR 386,000.

Eng. Khamis bin Saif bin Zahran Aal Abdus’Salam, Director General of Housing in Al Buraimi governorate, that the value of real estate activity recorded during the month of December last year in the governorate amounted to more than OMR 2,148,000, while the fees collected amounted to more than OMR 137,000 through the conclusion of 756 legal transactions of sale, donation, inheritance, swap, mortgage, mortgage release, utilization in addition to division.

Eng. Aal Abdus’Salam added that new transactions were registered in the governorate including 128 in sale contracts, 29 in mortgage contracts, 44 in the donation, 5 in inheritance, 2 in a swap, 16 in mortgage release, 6 in the division, and the registration of 42 utilization contracts. The Directorate has recently finalized the planning of Al Salahiyah scheme in the wilayat of Al Senainah which provided 679 new land plots of various uses. During last December last year, a total of 483 title deeds were issued.

The Director-General of Housing in Al Buraimi governorate noted that during the same period, the directorate witnessed the completion of 162 procedures in the implementation and planning follow-up section, 370 procedures in the survey section, 27 procedures in the geographic information systems section, 1048 procedures in the physical planning, and 301 procedures in the engineering drawing section.

Eng. Khamis Aal Abdus’Salam, Director General of Housing in Al Buraimi concluded his statement noting that the department of ownership verification and registration of the Directorate made 20 inspection studies last December, including 3 in wilayat Al Buraimi, 17 in wilayat Muhadhah. As for the cases registered, there were 8 cases, 4 in each of the wilayats of Al Buraimi and Muhadhah.

On the other hand, Eng. Haidar bin Abdulhadi bin Qambar Al Lawati Director General of Housing in Musandam governorate confirmed that the value of real estate trading in the governorate during last December amounted to OMR 495, 979, while the amount of fees collected was more than OMR 23,258 made through the execution of 225 legal transactions of sale, donation, inheritance, mortgage, mortgage redemption, utilization and division.

Eng. Haidar added that new transactions were registered in the governorate including 26 contracts in sale, 11 in donation, 4 in the inheritance, 2 in swap, 6 in mortgage, 3 contracts in utilization, 8 in mortgage release, and finally 5 contracts in division. The Directorate also finished the planning of Al Sharjah Al Qadimah scheme with 117 plots of various land uses. As for the number of title deeds, a total 158 new titles were issued last December. Also the directorate saw the execution of 91 procedures in the implementation and planning follow-up section and 2,700 procedures in the planning and survey department.

Eng. Haidar bin Abdulhadi bin Qambar Al Lawati , Director General of Housing in Musandam governorate concluded his statement saying  that the total number of cases submitted to the department of ownership verification and registration department in December totaled 55 cases, all the wilayat of Khasab.

As for the Directorate General of Housing Al Dhahira Governorate, Eng. Abdullah bin Talib Al Hinai, Director General of Housing in Al Dhahira confirmed that the total value of real estate activity recorded in the governorate during December last year amounted to more than OMR 4,770,000, while the total amount of fees over the same period was more than OMR 225,621 through the completion of 2,903 transactions of sale, donation, inheritance, swap, mortgage, mortgage release, approval stamping, division, in addition to title deeds.

Eng. Al Hinai added that sale transactions in Al Dhahira recorded 317 contracts, while 86 were registered in mortgage contracts, 132 in donation, 34 in inheritance, 22 in swap, 48 in mortgage release, 34 in division and finally 12 transactions were registered in utilization contracts.

Eng. Al-Hinai pointed out that during the same period the directorate planned a number of schemes in the governorate, which has provided 5,115 plots of land of different uses. The number of title deeds issued totaled 2,198. Moreover, a number of 452 procedures in the implementation and planning follow-up section, 157 procedures in the department of planning and survey, 1,586 procedures in the survey section, 2,398 procedures in the engineering drawing section, in addition to 70 procedures in the geographic information systems section.

Eng. Abdullah bin Talib Al-Hinai, Director General of Housing in Al- Dhahirah, ended his statement by noting that a total number of 96 cases were submitted to the ownership verification and registration department in December last year, and 56 cases were registered, while the number of cases examined was 164 cases.

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