emirates7 - In the first quarter of 2025, real estate transactions in the Emirate of Sharjah totaled AED13.2 billion, marking a significant 31.9% increase from AED10 billion during the same period in 2024. The number of transactions also rose by 4.8%, reaching 24,597, compared to 23,478 in Q1 2024.
This growth reflects the rising confidence of investors in Sharjah’s stable and investor-friendly market, supported by its modern infrastructure and a wide array of investment opportunities.
Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, emphasized that the advancements in Sharjah’s real estate sector are key to the emirate's overall economic development. He attributed the growth to the visionary leadership of His Highness Sheikh Dr. Sultan bin Muhammad Al-Qasimi, Ruler of Sharjah, and the ongoing efforts of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler, which have enhanced Sharjah's position on the global real estate investment map.
Sharjah continues to solidify its role as a major regional economic center, thanks to a diversified economy and a solid legal framework that enhances investor trust.
The quarter saw 8,123 sales transactions, up 32.2% from 6,146 in Q1 2024. These transactions spanned 169 areas, covering 46 million square feet, with a total value of AED10.7 billion. Muwailih Commercial led the sales with 1,787 transactions worth AED1.9 billion, followed by Al-Belaida (902 transactions, AED851 million) and Al-Khan (536 transactions, AED665 million).
Residential properties dominated sales, accounting for 78.9% of transactions (2,894 deals). Industrial properties followed with 477 transactions (13%), commercial properties with 259 (7.1%), and agricultural properties with 39 (1%).
The department recorded 1,417 mortgage transactions valued at AED2.4 billion, facilitated by 21 financial institutions. Um Fanain had the highest number of mortgages, with 113 transactions worth AED170.6 million, followed by Muwailih Commercial (66 mortgages, AED246.5 million) and Al-Hamriyah West (65 mortgages, AED158.6 million).
Four new residential projects were registered in Muwailih Commercial, Al-Tay, and Al-Tay West.
Real estate investments came from 97 different nationalities. Emiratis were the largest investors, contributing AED5.2 billion (39.8% of total investments). GCC nationals invested AED509.8 million (3.9%), Arab nationals invested AED3 billion (22.3%), and foreign investors contributed AED4.5 billion (34%).
The number of foreign investors rose by 25.3% year-on-year, with 3,725 foreign investors involved. Non-UAE nationals traded 3,951 properties, a 25.2% increase. The growth is largely attributed to legislative changes that allow foreign ownership in specific areas of Sharjah.
Emirati investors led the market with 7,198 properties, followed by Indian (796), Syrian (502), Egyptian (391), Iraqi (318), and Jordanian (303) investors.
This growth reflects the rising confidence of investors in Sharjah’s stable and investor-friendly market, supported by its modern infrastructure and a wide array of investment opportunities.
Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, emphasized that the advancements in Sharjah’s real estate sector are key to the emirate's overall economic development. He attributed the growth to the visionary leadership of His Highness Sheikh Dr. Sultan bin Muhammad Al-Qasimi, Ruler of Sharjah, and the ongoing efforts of H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler, which have enhanced Sharjah's position on the global real estate investment map.
Sharjah continues to solidify its role as a major regional economic center, thanks to a diversified economy and a solid legal framework that enhances investor trust.
The quarter saw 8,123 sales transactions, up 32.2% from 6,146 in Q1 2024. These transactions spanned 169 areas, covering 46 million square feet, with a total value of AED10.7 billion. Muwailih Commercial led the sales with 1,787 transactions worth AED1.9 billion, followed by Al-Belaida (902 transactions, AED851 million) and Al-Khan (536 transactions, AED665 million).
Residential properties dominated sales, accounting for 78.9% of transactions (2,894 deals). Industrial properties followed with 477 transactions (13%), commercial properties with 259 (7.1%), and agricultural properties with 39 (1%).
The department recorded 1,417 mortgage transactions valued at AED2.4 billion, facilitated by 21 financial institutions. Um Fanain had the highest number of mortgages, with 113 transactions worth AED170.6 million, followed by Muwailih Commercial (66 mortgages, AED246.5 million) and Al-Hamriyah West (65 mortgages, AED158.6 million).
Four new residential projects were registered in Muwailih Commercial, Al-Tay, and Al-Tay West.
Real estate investments came from 97 different nationalities. Emiratis were the largest investors, contributing AED5.2 billion (39.8% of total investments). GCC nationals invested AED509.8 million (3.9%), Arab nationals invested AED3 billion (22.3%), and foreign investors contributed AED4.5 billion (34%).
The number of foreign investors rose by 25.3% year-on-year, with 3,725 foreign investors involved. Non-UAE nationals traded 3,951 properties, a 25.2% increase. The growth is largely attributed to legislative changes that allow foreign ownership in specific areas of Sharjah.
Emirati investors led the market with 7,198 properties, followed by Indian (796), Syrian (502), Egyptian (391), Iraqi (318), and Jordanian (303) investors.