Ownership is restricted to GCC nationals. That restriction reaches us with the seller's terms, as does everything else on this page. Mitchell's asserts no legal basis for it, names no qualifying countries and describes no structure by which a buyer outside that group might participate; whether a particular buyer qualifies is a question for their own lawyer.
The asset is a site of approximately 16,400 square metres in the Ghala Industrial Area of Muscat, Oman, offered together with the contracting business that operates from it. The asking price is OMR 2,500,000 — Omani rials, not dirhams, and the only currency quoted on this page. Oman sits outside every dataset this site is built on: there is no Dubai Land Department equivalent against which an Omani figure can be checked, so every figure below is the seller's, stated as his, and title, zoning, the development allowance and the standing of the business are matters for the buyer's own due diligence.
THE ASKING PRICE — OMR 2,500,000
The asking price is OMR 2,500,000 in Omani rials, and it covers the land and the contracting business in one transaction. It is the price the seller is asking, not a price anything has traded at.
No rate per square metre appears anywhere on this page, and that is deliberate rather than an omission. Dividing OMR 2,500,000 by approximately 16,400 square metres would attribute the entire consideration to the land and price a fifty-year-old contracting business at nothing. The seller has not published an apportionment between the two. For that apportionment — and for the basis on which the business itself is valued — please contact us and we will ask him for it in writing.
No dirham equivalent is published either. A conversion is only as sound as the rate it was taken at and the day it was taken on, and a rate printed onto a page that does not change is a figure that goes wrong by itself. If you are pricing this in another currency, contact us and we will run it against the rate you are actually using.
