Oman property investment surges 50pc

Investment in Oman's real estate has surged by over 50 per cent in the last year.

The total value of transactions in the first half 2015 was $4.9 billion, up 52.6 per cent from the same period in 2014, when sales totalled $3.1 billion.

The volume of sales contracts between January and the end of June 2015 totalled 35,530, down from 36,902 in the first six months of last year, a decrease of 3.7 per cent.

Arabian Business