Sharjah’s real estate sector maintained its positive performance in May, supported by an attractive investment environment and an advanced legislative and regulatory framework, as well as the continued implementation of development projects and urban expansion that enhance the emirate’s appeal to investors and real estate developers. The diversity of investment opportunities and the availability of various real estate options also helped sustain market activity across different areas of the emirate.

7,119 real estate transactions

Data issued by the Sharjah Real Estate Registration Department showed that ownership certificate transactions reached 2,902, representing 40.8% of the total. These were followed by ownership deed transactions with 2,776 (39%), then mortgage transactions with 718 (10.1%), valued at AED 934.7 million. Initial sales contract transactions reached 513 (7.2%), while valuation transactions totaled 210, accounting for 2.9% of the overall transactions.

Lands lead in transactions

Sales transactions were carried out across 115 areas distributed throughout the cities and regions of Sharjah, covering residential, commercial, and industrial properties. In terms of property type, a total of 913 land transactions were recorded, 683 transactions involved subdivided units, and 255 transactions involved developed land.

“Al Sajaa Industrial” records highest deal

The highest real estate transaction recorded in Sharjah during May was in “Al Sajaa Industrial,” involving land worth AED 92 million. Meanwhile, “Al Mamzar” recorded the highest mortgage transaction during the same month, involving land valued at AED 80 million.

1,851 sales transactions in Sharjah

The report indicated that the total number of sales transactions in the Emirate of Sharjah reached 1,851.

In detail, the total number of sales transactions in Sharjah City reached 1,315. “Muwaileh Commercial” ranked first with 328 transactions, followed by “Al Khan” with 218, then “Rodhat Al Sidr” with 158, and “Mezairah” with 59.

In terms of trading value, “Muwaileh Commercial” ranked first with AED 276.6 million, followed by “Al Sajaa Industrial” with AED 190.1 million, “Al Menhaz” with AED 150 million, and “Tilal” with AED 145.3 million.

In the Central Region, 440 sales transactions were recorded, with most concentrated in “Al Belaida” at 133 transactions. “Industrial Area 4” recorded the highest trading value at AED 77.8 million.

In the Eastern Region (Kalba, Khor Fakkan, and Dibba Al Hisn), 96 sales transactions were recorded. “Al Mudeifi” ranked highest with 29 transactions and recorded the highest trading value at AED 31.6 million.