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Multi-Billion Dollar Agreement Signed With Oman

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Here's the rest of it. www.globalpropertyguide.com › Middle East › Oman

Land values are rising in the Sultanate, according to Savills Oman. In Q1 2013:

AREA RESIDENTIAL LAND PRICE PER SQ. M.
OMR USD
Muttrah 75 – 200 194 – 518
Muscat Area 75 – 140 194 – 363
Wadi Kabir 100 – 160 259 – 414
Wattayah 120 – 250 311 – 648
Al Amrat 10 – 60 26 – 155
Qurum 200 – 400 518 – 1,036
Shatti Al Qurum 350 – 500 907 – 1,295
MSQ 280 – 350 725 – 907
Madinat Al Ilam 280 – 350 725 – 907
Muna Heights 150 – 250 389 – 648
Al Khuwair 150 – 275 389 – 712
Al Ghubra South 150 – 220 389 – 570
Al Ghubra North 150 – 250 389 – 648
Bousher 150 – 250 389 – 648
Al Azaiba North 150 – 300 389 – 777
Al Seeb 45 – 160 117 – 414
Al Mabela 30 – 65 78 – 168
Al Khoud 70 – 160 181 – 414
Al Hail 70 – 160 181 – 414
Al Mawaleh 70 – 130 181 – 337
Source: Savills Oman

The value of property sales contracts in Oman soared by 19.9% to OMR404.9 million (US$1.05 billion) from January to July 2013, compared to the same period last year, according to the National Centre for Statistics and Information (NCSI).

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