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Sharjah’s Real Estate Sector Surges with AED5.5 Billion in Transactions During May

Sharjah: The Emirate of Sharjah recorded strong performance in its real estate sector during May 2025, with a total trading value of AED5.5 billion across 8,415 transactions in various areas of the emirate.

According to Emirates News Agency, the total traded area of sales transactions reached 13.2 million square feet, which reflects the continued strength and strategic development of the emirate's real estate market. The sector is undergoing a strategic transformation, moving from traditional growth patterns to a more advanced and sustainable phase. This evolution is evidenced by the rising range of investors and the increasing variety of real estate uses entering the market. The maturity of the sector is bolstered by the government's proactive vision and flexible, investor-friendly legislation.

Reforms aim to keep pace with dynamic market needs, providing confidence and legal assurances to stakeholders. Balanced urban expansion and ambitious development projects are reshaping the real estate landscape, creating new investment opportunities supported by modern infrastructure and promising areas attracting investor interest.

Statistics from May 2025 highlight the growing momentum in Sharjah's real estate sector, with 8,415 transactions recorded. Of these, 1,574 were sales transactions, making up 18.7% of the total, indicating increasing demand for real estate. Mortgage activity was also strong, with 381 transactions totaling over AED1.1 billion, reflecting investor and financial institution confidence.

Initial sales contract transactions numbered 1,486, accounting for 17.7% of all real estate transactions, while ownership certificates reached 3,619 transactions, representing 43% of the total. Additionally, 1,355 ownership deeds were issued, comprising 16.1% of transactions, underscoring steady ownership registration and property transfers.

Sales transactions occurred in 134 areas across Sharjah, including residential, commercial, industrial, and agricultural lands. Properties traded included 877 lands, 395 units in towers, and 302 built-in land transactions. "Al-Metraq" was the highest-traded area in terms of sales transactions.

Sharjah City recorded the majority of sales deals in May with 1,426 transactions. 'Al-Metraq' led with 354 sales, followed by 'Muwailih Commercial' with 258 transactions, 'Tilal' with 135 deals, and 'Rodhat Al Qarat' with 67 transactions. 'Muwailih Commercial' also ranked highest in trading value at AED 352.2 million, followed by 'Tilal' with AED263.2 million, 'Al-Sajaa Industrial' with AED140.9 million, and 'Al-Metraq' with AED114.9 million.

In the Central Region, 97 sales transactions were recorded, with 'Industrial 1' leading with 17 transactions. 'Al-Blida' had the highest trading value at AED13.8 million. Khor Fakkan recorded 26 sales, with 'Al-Harai Industrial' leading with 5 transactions, and Hay Hayawa 4 having the highest trading value at AED3.6 million. Kalba city recorded 24 sales, led by 'Al-Tarif 5' with 7 transactions, while 'Al Soor 1' had the highest trading value at AED3.5 million.