According to the Sharjah Real Estate Registration Department, 1,632 real estate transactions were recorded in April, totaling Dh1.7 billion.
The data demonstrated the growing confidence in Sharjah real estate, the attractiveness of its investment environment, and its ongoing development. The emirate has proven to be one of the most attractive global investment destinations.
In detail, the statistical report revealed that 579 of the total transactions in April were sales transactions, accounting for 35.5% of the total. Mortgage transactions reached 197, accounting for 12.1% of total transactions and totaling Dh402.2 million. The remaining transactions amounted to 856, or 52.4% of the total transactions.
According to the Sharjah Real Estate Registration Department, 1,632 real estate transactions were recorded in April, totaling Dh1.7 billion.
The data demonstrated the growing confidence in Sharjah real estate, the attractiveness of its investment environment, and its ongoing development. The emirate has proven to be one of the most attractive global investment destinations.
In detail, the statistical report revealed that 579 of the total transactions in April were sales transactions, accounting for 35.5% of the total. Mortgage transactions reached 197, accounting for 12.1% of total transactions and totaling Dh402.2 million. The remaining transactions amounted to 856, or 52.4% of the total transactions.
Sales transactions were conducted in 89 locations throughout Sharjah’s cities and regions. These properties encompassed residential, commercial, industrial, and agricultural land. In terms of traded real estate, there were 253 lands, 185 tower units, and 141 built-in land transactions.
The total number of sales transactions in Sharjah reached 527, with the Muwailah Commercial area having the most, with 114 transactions, followed by Rawdat Al-Qart with 55, Al Khan with 45, and Hoshi with 32.
Muwailah Commercial ranked first in terms of value, with a trading volume of Dh168.4 million, followed by Al Saja’a Industrial (Dh75.1 million), Tilal (Dh66.5 million), and Hoshi (Dh48.6 million).
The total number of sales transactions in the Eastern and Central regions reached 50, with Al Madina Al Qasimia accounting for the majority (18 transactions), as well as the highest region in terms of cash trading value (Dh14.2 million).