The Sharjah Investment and Development Authority (Shurooq) has achieved strong performance across its real estate portfolio, recording a sales rate of 96.4% across three major projects: Maryam Island, Sharjah Sustainable City, and Ajwan in Khor Fakkan. The total value of investments and partnerships reached 5.8 billion dirhams. This performance confirms the pivotal role of Shurooq as a key contributor to supporting the national non-oil economy, as the real estate sector constitutes about 7.6% of the UAE's non-oil GDP. These projects collectively include 4,520 residential units, of which 4,358 units were sold to local and international investors, reflecting the strength of demand and growing market confidence in the real estate sector of the Emirate of Sharjah.
Shurooq achieves 96.4% sales across three projects worth AED 5.8 billion
The Sharjah Investment and Development Authority (Shurooq) has achieved strong performance across its real estate portfolio, recording a sales rate of 96.4% across three major projects.