With October transactions reaching the highest level of the year at Dh4.4 billion from 4,883 transactions, investors are still seeing value in Sharjah real estate. (This amounted to a 14 million square foot spread of real estate.)
According to the Sahrjah Real Estate Registration Department, undeveloped land in the Al Mamzar area was sold for Dh386 million through a mortgage-backed sale.
The boom brought on by freehold titles is still benefiting Sharjah’s real estate market, and investors anticipate a notable increase in offplan activity in 2025.
Industry sources predict that land deals will continue to draw investors in the near future because valuations have not yet experienced a significant increase in costs. In October, there were 693 land transactions, 450 apartment transactions, and 272 built-up area transactions.
With 1,145 sales transactions, the Muwailih Commercial area had the most.