According to the Sharjah Real Estate Registration Department, the real estate market in Sharjah continued to grow in October, recording AED7 billion in total transactions—a 54.1 percent rise over the same month the previous year.
Sharjah’s standing as a top regional investment destination is strengthened by the Emirate’s real estate performance, which highlights the solidity of its economic foundations and ongoing investor trust.
With the help of open laws and stable governance, Sharjah keeps advancing its innovative and sustainable development model. Both domestic and foreign investors now enjoy a favorable climate because to its extensive investment ecosystem.
There were 12,539 real estate transactions completed in October, totaling around 15.3 million square feet of transacted sales area. These numbers demonstrate Sharjah’s increasing investment inflows in a variety of areas and industries.
1,964 sales transactions, or 15.7% of all transactions, demonstrated the ongoing demand for real estate assets.
599 mortgage transactions totaling AED 2.2 billion were recorded by the department, accounting for 4.8% of all transactions and demonstrating the high level of confidence among investors and financial institutions.
There were 1,307 initial sale contracts, or 10.4% of all transactions, and 6,315 property statements, or 50.4% of all transactions. 2,354 ownership deeds, or 18.7% of the total, demonstrated ongoing activity in an open, well-regulated market.
Sales covered residential, commercial, industrial, and agricultural lands at 120 locations around the Emirate. There were 1,164 land transactions, 414 built-in land sales, and 386 tower unit trades.
The land sale in “Industrial Area 3” was the highest-value transaction of the month, totaling AED 77.7 million. The largest mortgage deal, at AED 386 million, took place in “Al Mamzar,” indicating strong trust in the Emirate’s real estate market.
1,710 sales transactions were recorded in the city of Sharjah. With 326 transactions, “Al-Sehma” was in the lead, followed by “Muwaileh Commercial” (209), “Tilal” (163), and “Al-Sajaa Industrial Area” (148).
“Al-Sajaa Industrial Area” had the highest trade value at AED559.6 million, followed by “Tilal” at AED359.8 million, “Umm Fanain” at AED280.3 million, and “Muwaileh Commercial” at AED255.3 million.
“Industrial Area 3” led the Central Region in both volume and value, with 202 sales transactions totaling 98 transactions valued at AED240.9 million.
With six transactions, “Al-Haray Industrial Area” led Khor Fakkan’s 26 sales, while “Hay Al-Ghazeer” had the highest selling value at AED 5 million.
24 transactions were conducted in Kalba, with “Al-Tarif 5” having the highest activity and value at AED 3.4 million.