The volume of transactions in the real estate market in Sharjah reached 7 billion dirhams over the last month. This indicates a gradual recovery of the real estate sector in the region after the COVID-19 pandemic.
Experts noted an increase in activity in the real estate market in Sharjah, linked with the emergence of new projects and demand for housing from both local residents and foreign investors.
"This growth in transaction volume reflects the gradual restoration of consumer confidence in the real estate market in Sharjah. We see a strengthening of demand for commercial and residential real estate, as well as an increase in the number of transactions with foreign investors," noted one of the experts.
The growth of activity in the real estate market in Sharjah is also explained by the government conducting programs to stimulate the sector, which facilitates a flow of investments and ensures the development of the construction industry in the region.
