Introduction

The Sharjah Real Estate Registration Department has reported a robust performance for April, recording a total of 1,632 real estate transactions worth Dh1.7 billion. This data underscores the growing confidence in Sharjah’s real estate market, reflecting its attractiveness as a global investment destination and its continuous development.

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Transaction Breakdown

The statistical report from the Sharjah Real Estate Registration Department provided detailed insights:

• Sales Transactions: 579 transactions (35.5% of total)
• Mortgage Transactions: 197 transactions (12.1% of total), totaling Dh402.2 million
• Other Transactions: 856 transactions (52.4% of total)

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Sales Distribution and Types

Sales transactions spanned 89 locations across Sharjah’s cities and regions, involving various property types, including residential, commercial, industrial, and agricultural land. Specifically:

• Land Transactions: 253
• Tower Units: 185
• Built-in Land Transactions: 141

Key Areas and Transaction Volumes

The total number of sales transactions in Sharjah was 527. Key areas with significant activity included:

• Muwailah Commercial: 114 transactions, Dh168.4 million trading volume
• Rawdat Al-Qart: 55 transactions
• Al Khan: 45 transactions
• Hoshi: 32 transactions, Dh48.6 million trading volume

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In the Eastern and Central regions, there were 50 sales transactions, with Al Madina Al Qasimia accounting for 18 transactions and Dh14.2 million in cash trading value.

Conclusion

April’s real estate transaction data demonstrates the continued strength and appeal of Sharjah’s real estate market. With a diverse range of property types and significant investment volumes, Sharjah remains a prime destination for global investors looking for stable and lucrative opportunities.