Dossier

45,000 plus planned land plots throughout Oman in 2018

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The total number of planned land plots throughout the Sultanate amounted to 45,852 plots by the end of 2018; showing a 37% decrease in comparison to 73,091 plots by the end of 2017; while granted land plots dropped by 8.1% to 33,903 plots by the end of 2018 compared to 36,902 plots by the end of 2017.

According to data released by the (NCSI), the Governorat­e of Dakhliyah seized the biggest share of the planned land plots in 2018 by 8,619 plots, followed by Dhahirah (7,557 plots), Sharqiyah North (6,580 plots), Batinah North (5,389 plots), Dhofar (4,614 plots), Sharqiyah South (3,860 plots), al Batinah South (2,709 plots), Al Buraimi (2,447plots), al Wusta (1,738 plots), Musandam (1,718 plots), and the Governorat­e of Muscat (621 plots). The NCSI`s Housing Statistics Bulletin showed that the Governorat­e of Dakhliyah came first in terms of the total number of granted land plots in 2018 by 8,441 plots, followed by Dhahirah (5,819 plots), Sharqiyah North (5,276 plots), Al Batinah South (3,521 plots), Muscat (2,987 plots), Sharqiyah South (2,583 plots), Batinah North (2,044 plots), Dhofar (1,749 plots), al Wusta (853 plots), Buraimi (570 plots), and Musandam (60 plots).

According to the type of use, the NCSI`s data pointed that the number of land plots for residentia­l use in 2018 amounted to 32,163 plots; representi­ng 70.1% of the total number of land plots, followed by government­al use (8,073 plots, or 17.6%), industrial use (3,259 plots, or 7.1%), residentia­l-commercial use (1,305 plots or 2.8%), commercial use (1,051 plots or 2.3%), and agricultur­e use (one plot). The residentia­l use accounted for 89.8% (30,448 plots) of the granted land plots; followed by government­al use by 4.4% (1,504 plots), residentia­l commercial use by 3.4% (1,180 plots), commercial use by 550 plots, and agricultur­al use by one plot. GCC citizens owned 1,396 real estate properties in 2018, according to data published by NCSI. The

UAE citizens came first by 582 real estates, followed by Kuwaitis (443), Qataris (213), Saudis (87), and Bahraini (71). Loans provided by Oman Housing Bank in 2018, on the other side, amounted to

3,619 loans totaling RO 166 million and 833,000.

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