Sharjah real estate achieves Dh5.5 bn transactions in May 2025

Staff Report

Dubai, UAE

Sharjah saw strong real estate performance in May 2025, recording 8,415 transactions worth Dh5.5 billion, a 37.5 percent year-on-year increase in trading value from May 2024, across various areas of the emirate. As many as 1,574 sales transactions accounted for 18.7 percent of the total, spanning an area of 13.2 million square feet.

Mortgage activity remained strong with 381 mortgage transactions, representing 4.5 percent of all transactions and totalling more than Dh1.1 billion in value. This level of financing activity reflects the growing confidence of both investors and financial institutions in Sharjah’s real estate sector.

The real estate sector in Sharjah is undergoing a strategic transformation, marking a clear shift from traditional growth patterns toward a more advanced, diversified, and sustainable phase. This evolution is reflected in the rising range of investors and the increasing variety of real estate uses entering the market. Underlying this transition is the growing maturity of the sector, driven by a combination of key enablers — most notably, the government’s proactive vision to enhance the business environment and the implementation of flexible, investor-friendly legislation. These reforms are designed to keep pace with dynamic market needs, offering both confidence and strong legal assurances to local and international stakeholders.

At the same time, balanced urban expansion, along with ambitious development projects being implemented across the emirate, has helped reshape the real estate landscape in a more comprehensive and diverse manner. This trend has created new investment opportunities, supported by modern infrastructure and promising areas that are witnessing increasing interest from investors and developers.

Initial sales contract transactions totalled 1,486, accounting for 17.7 percent of all real estate transactions, while ownership certificate recorded 3,619 transactions, representing 43 percent of the total. Furthermore, 1,355 ownership deeds were issued during May, comprising 16.1 percent of total transactions. This underscores the steady pace of ownership registration and property transfers, reinforcing the emirate’s reputation for transparency, legal integrity, and a well-regulated real estate environment.

Sales transactions took place in 134 areas of Sharjah. These properties included residential, commercial, industrial, and agricultural lands. Regarding the type of property traded, 877 lands were traded, 395 of units in towers, and 302 of built-in land transactions.

Sharjah city accounted for the majority of sales deals in May, recording a total of 1,426 transactions. Al-Metraq achieved highest number of sales transactions, followed by Muwailih Commercial, Tilal and Rodhat Al Qarat.

Muwailih Commercial area topped the list with highest trading value of Dh352.2 million. Tilal, Al-Sajaa Industrial, and Al-Metraq recorded Dh263.2 million, Dh140.9 million, and Dh114.9 million, respectively.

In the Central Region, a total of 97 sales transactions were recorded, out of which 17 were in Industrial 1. In terms of trading value, Al-Blida recorded the highest trading value of Dh13.8 million.

In Khor Fakkan, 26 sales transactions were achieved. Al-Harai Industrial accounted for five transactions, while Hay Hayawa 4 had the highest trading value of Dh3.6 million.

Kalba saw 24 sales transactions, out of which seven took place in Al-Tarif 5. Al Soor 1 posted the highest trading value of Dh3.5 million.

Ends

Also read: Sharjah’s real estate records Dh4 billion in May 2024

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