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Sharjah's realty delivers stellar performance in May

Sharjah's realty delivers stellar performance in May

Khaleej Times11-06-2025
Sharjah's real estate market delivered a stellar performance in May 2025 with a trading value of Dh5.5 billion across 8,415 transactions.
This activity, spanning 13.2 million square feet of traded area, underscores the emirate's growing appeal to investors and its strategic evolution into a diversified, sustainable real estate hub, according to data from Sharjah's Real Estate Registration Department.
Real estate consultants observed that Sharjah's real estate market exemplifies a maturing sector that balances growth with sustainability. 'The emirate's strategic vision, robust infrastructure, and investor-friendly policies have created a fertile ground for real estate investment,' an analyst said.
They noted that against the backdrop of the UAE's dynamic property sector, Sharjah's performance reflects both local resilience and alignment with broader national trends, underscoring its reputation as a prime investment destination.
The UAE's real estate market has been on a steady growth trajectory, with the nation's property sector projected to contribute significantly to the non-oil GDP, which reached 73 per cent of the total economy in 2024, as reported by the UAE Central Bank. In particular, Dubai's high-octane luxury market recorded transactions worth Dh97.5 billion in Q1 2025 per the Dubai Land Department.
Balancing affordability with ambitious urban development, Sharjah offers a blend of residential, commercial, and industrial opportunities that cater to a diverse investor base. This diversity, coupled with investor-friendly policies, has fueled Sharjah's real estate momentum.
The emirate's market is undergoing a transformative shift, moving beyond traditional growth to embrace sustainability and innovation. Government initiatives, including streamlined regulations and investor protections, have bolstered confidence among local and international stakeholders. Flexible legislation has kept pace with market demands, ensuring transparency and legal integrity.
Meanwhile, Sharjah's urban expansion, underpinned by modern infrastructure and large-scale projects, has opened new avenues for investment. Areas like Al-Metraq, Muwailih Commercial, and Tilal have emerged as hotspots, reflecting the emirate's ability to attract developers and buyers alike.In May 2025, Sharjah's real estate sector recorded 8,415 transactions, with sales transactions totaling 1,574, or 18.7 per cent of the total, signaling strong demand for properties. Mortgage activity further highlighted market confidence, with 381 transactions valued at over Dh1.1 billion, representing 4.5 per cent of all deals.
This financing surge reflects trust from both investors and financial institutions in Sharjah's long-term potential. Initial sales contracts numbered 1,486, comprising 17.7 per cent of transactions, while ownership certificates accounted for 43 per cent with 3,619 transactions.
Additionally, 1,355 ownership deeds were issued, making up 16.1 per cent of the total, reinforcing Sharjah's reputation for a well-regulated property market.Sales transactions spanned 134 areas across Sharjah, covering residential, commercial, industrial, and agricultural properties. Of these, 877 transactions involved land, 395 were for units in towers, and 302 were for built-in land deals.
Sharjah City dominated with 1,426 sales transactions, led by Al-Metraq, which recorded 354 deals, followed by Muwailih Commercial with 258 and Tilal with 135. In terms of trading value, Muwailih Commercial topped the list at Dh352.2 million, followed by Tilal at Dh263.2 million, Al-Sajaa Industrial at Dh140.9 million, and Al-Metraq at Dh114.9 million.Beyond Sharjah City, the Central Region logged 97 sales transactions, with Industrial 1 leading at 17 deals and Al-Blida recording the highest trading value at Dh13.8 million. In Khor Fakkan, 26 transactions were recorded, with Al-Harai Industrial contributing five deals and Hay Hayawa 4 achieving a trading value of Dh3.6 million. Kalba City saw 24 transactions, with Al-Tarif 5 leading at seven deals and Al Soor 1 posting a trading value of Dh3.5 million. This widespread activity underscores Sharjah's ability to cater to varied investor preferences across its regions.
A 2025 report by Property Monitor highlights that Sharjah's affordability, compared to Dubai's average property price of Dh2.1 million, makes it a magnet for middle-income buyers and investors seeking value-driven opportunities. Additionally, Sharjah's focus on cultural and educational hubs, such as University City, enhances its appeal as a holistic lifestyle destination.
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