The Sharjah real estate market announced that the volume of real estate transactions in the first month of 2025 reached AED 7 billion from a total of 11,116 transactions. Also, the total area traded in sales transactions reached 10.4 million square feet.
Publish dateSunday 23 February 2025 - 18:44
According to Amac News, the Sharjah real estate market has witnessed significant growth in recent years. This development is attributed to substantial investments in infrastructure, making the emirate an attractive destination for real estate.
Monthly statistical data released by the Sharjah Real Estate Registration Department shows that the total number of transactions reached 11,116, with 1,246 of these being sales transactions, accounting for 11.2% of all transactions. The number of mortgage transactions reached 677, representing 6.1% of the total, with a value of AED 1.1 billion. Additionally, initial contract transactions totaled 2,817, making up 25.3%, while property certificate transactions reached 4,177, representing 37.6%. Title deed transactions amounted to 2,199, accounting for 19.8% of the total.
Sales transactions occurred across 114 different areas in the cities and regions of Sharjah, including residential, commercial, industrial, and agricultural properties. In terms of the type of real estate traded, there were 651 transactions for vacant lands, 332 for subdivided towers, and 263 for built-in lands.
The "Muwailih Commercial" area recorded the highest real estate deal, valued at AED 46.5 million for built-in land. In mortgage transactions, the "Warehouses Land" area also had the highest transaction, valued at AED 330 million for built-in land.
The total sales transactions in Sharjah reached 1,132, with the "Muwailih Commercial" area continuing to lead the list with the highest number of sales transactions at 179, followed by "Hay Hoshi" with 98 transactions, "Al-Khan" with 91, and "Um Fanain" with 76 transactions.
Regarding areas with the highest cash trading volume, the "Muwailih Commercial" area topped the list with a trading value of AED 239.4 million, followed by the "Al-Sajaa Industrial" area with AED 187.9 million, "Um Fanain" with AED 141.3 million, and "Hay Hoshi" with AED 109.7 million.
In the Central Region, total sales transactions reached 77, most of which were concentrated in "Industrial Area 1," which recorded 35 transactions, also holding the highest trading volume at AED 19.9 million.
In the city of Khorfakkan, 23 sales transactions were conducted, with "Al-Harai Industrial" and "Hayawa 4" areas each recording the highest number of transactions at 4. Meanwhile, the "Al-Gharb" district recorded the highest cash trading volume, reaching AED 8.7 million.
Lastly, in the city of Kalba, 13 sales transactions were carried out, led by the "Al-Tarif 5" area with 4 transactions, while the "Al-Tarif 4" area had the highest cash trading volume at AED 2 million.
Monthly statistical data released by the Sharjah Real Estate Registration Department shows that the total number of transactions reached 11,116, with 1,246 of these being sales transactions, accounting for 11.2% of all transactions. The number of mortgage transactions reached 677, representing 6.1% of the total, with a value of AED 1.1 billion. Additionally, initial contract transactions totaled 2,817, making up 25.3%, while property certificate transactions reached 4,177, representing 37.6%. Title deed transactions amounted to 2,199, accounting for 19.8% of the total.
Sales transactions occurred across 114 different areas in the cities and regions of Sharjah, including residential, commercial, industrial, and agricultural properties. In terms of the type of real estate traded, there were 651 transactions for vacant lands, 332 for subdivided towers, and 263 for built-in lands.
The "Muwailih Commercial" area recorded the highest real estate deal, valued at AED 46.5 million for built-in land. In mortgage transactions, the "Warehouses Land" area also had the highest transaction, valued at AED 330 million for built-in land.
The total sales transactions in Sharjah reached 1,132, with the "Muwailih Commercial" area continuing to lead the list with the highest number of sales transactions at 179, followed by "Hay Hoshi" with 98 transactions, "Al-Khan" with 91, and "Um Fanain" with 76 transactions.
Regarding areas with the highest cash trading volume, the "Muwailih Commercial" area topped the list with a trading value of AED 239.4 million, followed by the "Al-Sajaa Industrial" area with AED 187.9 million, "Um Fanain" with AED 141.3 million, and "Hay Hoshi" with AED 109.7 million.
In the Central Region, total sales transactions reached 77, most of which were concentrated in "Industrial Area 1," which recorded 35 transactions, also holding the highest trading volume at AED 19.9 million.
In the city of Khorfakkan, 23 sales transactions were conducted, with "Al-Harai Industrial" and "Hayawa 4" areas each recording the highest number of transactions at 4. Meanwhile, the "Al-Gharb" district recorded the highest cash trading volume, reaching AED 8.7 million.
Lastly, in the city of Kalba, 13 sales transactions were carried out, led by the "Al-Tarif 5" area with 4 transactions, while the "Al-Tarif 4" area had the highest cash trading volume at AED 2 million.
amacnews.com/vdcc.eqia2bqoiy-82.html
Source : news agency wam
Most viewed
