Economy Local November 14, 2024

Sharjah Real Estate Market Reaches 4.4 Billion Dirhams

In October 2024, Sharjah's real estate market achieved a record monthly transaction value of 4.4 billion dirhams, highlighting its rapid growth and significant contribution to the local economy.


Sharjah Real Estate Market Reaches 4.4 Billion Dirhams

The number of transactions at a total complexity of 4,883, and the total trading volume in sales transactions reached 14 million square feet. This is evidenced by the "Real Estate Movement Report," published by the Sharjah Real Estate Registration Department.

Real estate in the emirate of Sharjah is one of the fastest-growing sectors in the United Arab Emirates and plays a key role in strengthening the local economy and satisfying the growing needs of the population.

The real estate sector in the emirate of Sharjah achieved the highest monthly transaction sum in October 2024, amounting to 4.4 billion dirhams, continuing the same successful performance in the real estate market that began in 2024.