Economy Local 2026-02-26T13:43:44+00:00

Sharjah Real Estate Market Grows by 34.8%

In January, the total value of real estate transactions in the emirate of Sharjah reached 9.3 billion dirhams, a 34.8% increase from the previous year. The market shows strong growth and solidifies its position as an attractive investment destination.


Sharjah Real Estate Market Grows by 34.8%

The total real estate sector transactions in the emirate of Sharjah reached approximately 9.3 billion dirhams last January, compared to 7 billion dirhams in January 2025, marking a growth rate of 34.8%. This is a clear indicator of the market's strength and rising investment appeal. During the same month, 10,333 transactions were executed across various areas of the emirate, with the total area of properties traded in sales deals reaching about 23.8 million square feet. This reflects the continued rapid growth and solidifying confidence in the Sharjah real estate market as the new year begins. The Sharjah real estate market is undergoing a qualitative transformation that reflects its maturity and the expansion of its investor base, confirming the emirate's status as a promising investment destination. Government policies and supportive legislation have created a stable environment for long-term investment. Major development projects and well-planned urban expansion plans have attracted local and foreign capital, boosting market activity. The impact was not limited to these factors alone; the Sharjah Real Estate Exhibition 'Ikris' served as an additional catalyst for the market after achieving record sales of 5 billion dirhams, which directly contributed to increasing transaction volumes and significantly revitalizing the real estate market. The Sharjah Real Estate Registration Department reported that January saw 4,868 sales transactions conducted across 129 areas covering various cities and regions of the emirate, including residential, commercial, industrial, and agricultural lands. In terms of property type, the number of deals for subdivided units was 2,101, while 1,672 vacant land plots were traded. Built-up land transactions accounted for 1,095 deals. The largest real estate deal in Sharjah during January was concluded in the 'Al Khan' area for a built-up land plot valued at 90 million dirhams. Meanwhile, the largest mortgage transaction was recorded in the 'Al Tay West' area for a vacant land plot valued at 240 million dirhams. The total number of sales transactions in the city of Sharjah was 4,061. The 'Muaileh Commercial' area topped the list of areas with the highest number of transactions at 787, followed by 'Al Khan' with 442, then 'Mumayaz' with 334, and 'Al Hamriyah West' with 293. In terms of the highest areas in terms of cash trading volume, 'Muaileh Commercial' led with a trading value reaching 1.1 billion dirhams, followed by 'Al Khan' with 718 million dirhams, then 'Al Hamriyah West' with 714.6 million dirhams, and 'Ru'ah Al Sidr' with 567.5 million dirhams. In the Central Region, the total number of sales transactions was 753, with the majority concentrated in the 'Al Baida' area at 433 transactions, which was also the highest in terms of cash trading volume at 649.8 million dirhams. In the Eastern Region, 54 sales transactions took place, with 'Al Hayy Al Gharb' in the city of Khor Fakkan leading with 11 transactions, which also captured the largest share in cash trading volume at 24.9 million dirhams.