9.3 billion dirhams in real estate transactions in Sharjah during January

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Sharjah, February 26, 2025 – The total trading in the real estate sector in the Emirate of Sharjah amounted to about 9.3 billion dirhams during the month of last January, compared to 7 billion dirhams in January of the year 2025, with a growth rate of 34.8%, in a clear indication of the strength of the market and the rise in its investment attractiveness.

The number of transactions carried out during the same month reached 10,333 transactions in various regions of the emirate, while the total area of real estate traded in sales transactions reached about 23.8 million square feet, which reflects the continued rapid growth and consolidation of confidence in the real estate market in Sharjah with the beginning of the new year.

The real estate market in Sharjah is witnessing a qualitative transformation that reflects its maturity and the expansion of its investor base, and confirms the emirate’s location as a promising investment destination.

Government policies and supportive legislation have provided a stable environment for long-term investment, while major development projects and thoughtful urban expansion plans have contributed to attracting local and foreign capital and enhancing market activity.

The impact was not limited to these factors only, but the Sharjah Real Estate Exhibition (ACRES) represented an additional stimulus to the market after it achieved record sales worth 5 billion dirhams, which directly contributed to enhancing the volume of trades and stimulating the real estate movement significantly.

The Sharjah Real Estate Registration Department explained that the month of January witnessed the conduct of 4,868 sales transactions in 129 areas distributed over various cities and regions of the Emirate of Sharjah, which included residential, commercial, industrial and agricultural lands. In terms of the type of property traded, the number of transactions for subdivided units reached 2,101 transactions, while 1,672 vacant land transactions were traded, while built-up land transactions recorded 1,095 transactions.

The “Al Khan” area recorded the highest real estate deal concluded in Sharjah during the month of January on built-up land with a value of 90 million dirhams, while the “Al Tay West” area recorded the highest mortgage transaction during the same month on vacant land with a value of 240 million dirhams.

The total sales transactions in the city of Sharjah amounted to 4,061 transactions, and the “Muwaileh Commercial” area topped the list of the highest areas in sales transactions with 787 transactions, followed by the “Al Khan” area with 442 transactions, then the “Al Mamzar” area with 334 transactions, and the “Al Hamriyah West” area with 293 transactions.

In terms of the areas with the highest turnover in cash trading volume, the “Muwaileh Commercial” area came with a trading value that reached 1.1 billion dirhams, followed by the “Al Khan” area with 718 million dirhams, then the “Al-Hamriyah West” area with 714.6 million dirhams, then the “Rawdat Al Sidr” area with 567.5 million dirhams.

In the central region, the total sales transactions reached 753 transactions, most of which were concentrated in the “Blida” region with 433 transactions, which was also the highest in cash trading volume at 649.8 million dirhams.

In the Eastern Region, 54 sales transactions took place, and the “Gharb District” region came in the lead with 11 transactions in the city of Khor Fakkan, which also had the highest share in the cash trading volume with 24.9 million dirhams.