Latest news with #BranchesDepartment
Sharjah 24
2 days ago
- General
- Sharjah 24
SEC approves SMA's new organizational structure
During the meeting, the council discussed various important topics related to the government. Their main focus was on improving how the government operates, checking how well different departments are doing, and looking at the progress of development projects throughout the various cities and areas in Sharjah. The Council has decided to move Eng. Abdulrahman Abdullah Mohammed Al Naqbi from his position as the Director of Khorfakkan Municipality to a new role at the Roads and Transport Authority. He will keep the same level of responsibility and will now serve as the Director of the Branches Department at SRTA. The Council has decided to promote Khalfan Saleh Al Harithi Al Naqbi, who currently serves as the Director of the Branches Department at the Sharjah Department of Economic Development. He will be promoted to the rank of Department Director under the Sharjah Government Special Jobs System and will be appointed as the Director of Khorfakkan Municipality. The Council has approved a new plan to improve the organization of the Sharjah Museums Authority. This plan is designed to help the Authority fulfill its responsibilities more effectively. The Council has also asked its General Secretariat to take the necessary steps to officially implement this new structure. Additionally, the Council looked over the 2024 achievements report from the Sharjah Fish Resources Authority. This report highlighted the Authority's various efforts, including 25 visits to fishing groups, organizing 16 events, launching 11 initiatives, providing 138 training sessions, and processing 1,175 transactions for fishermen. The report outlined several key projects, such as an aquaculture farm aimed at ensuring food security, enhancing fish populations, and boosting the local economy. The farm will feature 10 marine cages that are expected to produce around 300 tons of different fish species each year. There is also a fish farming simulation model that will help educate visitors and students about fish farming techniques. Another project mentioned is the installation of artificial caves along the eastern coast of Sharjah. These caves aim to help increase fish populations and protect local wildlife. The report also detailed a plan for a fishermen's village in Al Hamriyah. This village will offer essential facilities for local fishermen, including areas to park their boats, storage buildings, housing with administrative offices, and even a mosque that can hold up to 200 people. Lastly, the report mentioned agreements signed by the Authority with various scientific and government organizations to enhance research and training in the fishing industry, ensuring that fishermen receive the best and fastest services possible.
Sharjah 24
30-07-2025
- Business
- Sharjah 24
Real estate transactions at 1.6 Bn in central and eastern Sharjah
Investor confidence rises in sharjah cities Omar Al-Mansouri, Director of the Branches Department at Sharjah Real Estate Registration Department, stated: 'The exceptional growth in real estate transactions across the Central and Eastern Regions during the first half of 2025 indicates increasing investor confidence in the real estate market throughout the cities and areas of Sharjah. This performance is driven by several integrated factors, most notably the ongoing development of vital infrastructure projects, well-planned urban expansion, and the investment incentives launched by the Sharjah Government to promote property ownership across the emirate.' Providing advanced smart services Al-Mansouri added: 'We have observed a strong increase in demand for property ownership in real estate projects in the Central and Eastern regions. This growth is the result of continued improvements in living standards and the rollout of smart services, along with the peaceful environments that these cities offer. For instance, the Central Region alone recorded real estate transactions exceeding AED 1 billion, indicating a gradual shift in investment trends toward these high-potential areas.' Promoting Sharjah's development vision Moreover, the Director of the Branches Department confirmed: 'The department remains committed to supporting this momentum by improving branch services, streamlining procedures, and advancing digital integration. These efforts enhance the sector's competitiveness and align with Sharjah's broader development strategy.' Central Region leads with AED 1.1 billion in transactions In detail, Al-Mansouri explained that the total transaction value recorded at the four branches represented 5.8% of Sharjah's overall real estate trading value during the first half of 2025. The Central Region accounted for AED 1.1 billion in transactions, equivalent to 4.2% of the emirate's total trading value. Khorfakkan followed with AED 294.8 million (1.1%), Kalba with AED 117.9 million (0.4%), and Dibba Al-Hisn with AED 11 million (0.1%). Branch sales transactions Furthermore, Al-Mansouri indicated that the number of sales transactions in the Central Region has reached 493, covering 39 different areas, with a total value of AED 477.9 million. 44.4% of these were recorded in 'Industrial Area 1' and 'Al-Blida', with a total of 219 transactions. Additionally, Khorfakkan registered 126 sales transactions across 24 areas, with a a total value of AED 107.8 million. 35 transactions (27.8%) took place in 'Al-Harai Industrial' and 'Al-Harai Commercial' areas. In Kalba, 100 transactions were recorded across 26 areas, totalling AED 62.3 million. 30 of these transactions were in 'Al-Tarif 5' area representing 30% of the total transactions. As for Dibba Al-Hisn, 7 sales transactions were recorded, with a total value of AED 6.6 million. 215 mortgage transactions in the branches The total value of mortgage transactions in the Central and Eastern Regions reached AED 178 million during the same period, through 215 transactions. This included 76 mortgage deals in Kalba, 68 in Khorfakkan, 65 in the Central Region, and 6 in Dibba Al-Hisn. 581 initial sales contracts in the branches As for the initial sales contracts, they reached 581 across the Central and Eastern Regions, with a total value of AED 732 million. 520 contracts were concluded at the Central Region branch, while 61 were registered in Khorfakkan.
Sharjah 24
01-05-2025
- Business
- Sharjah 24
AED 861.6 M in RE Trading Value in Central, Eastern Regions in Q1
New Horizons for Real Estate Investment Omar Al-Mansouri, Director of Branches Department at Sharjah Real Estate Registration Department, stated: 'The real estate in the Central and Eastern regions has achieved remarkable growth and rapid prosperity in recent years, which is due to several strategic factors established by the Sharjah government as part of its comprehensive development vision. The advanced infrastructure projects, the development of road networks, and the expansion of governmental and digital services have contributed to attracting investors and enhancing customers' confidence in these promising areas.' Al-Mansouri added: 'The facilities provided to investors, including legislative and regulatory incentives and the provision of an attractive and safe business environment, have played a major role in stimulating demand for real estate ownership, both for residential and investment purposes. For example, we are witnessing an increasing demand from citizens and residents for real estate ownership in cities like 'Khor Fakkan', 'Kalba', 'Al-Dhaid', and 'Dibba Al-Hisn', due to their high quality of life, picturesque landscapes, and proximity to major centers.' Regarding future prospects, Al-Mansouri explained, "We expect the real estate growth pace in these two regions to continue, supported by ambitious development plans in line with Sharjah's future vision, which aims to enhance the balance between economic, social, and environmental development and open new horizons for diversified and sustainable real estate investment. We, at the Real Estate Registration Department, remain committed to supporting this trend by providing flexible and smart services that facilitate procedures and expedite real estate transactions for investors, developers, and citizens alike." The Central Region records highest trading value of AED 621 million. In detail, Al-Mansouri stated that the trading value in the four branches accounted for 6.6% of the total trading value in Sharjah. In the Central region, the trading value reached AED 621.4 million, representing 4.7%, while it reached AED 178.8 million in 'Khor Fakkan', representing 1.4%, AED 57.7 million in 'Kalba', representing 0.4%, and AED 3.7 million in 'Dibba Al-Hisn', representing 0.1% of the total trading value across the branches. Branch Sales Transactions Furthermore, Al-Mansouri indicated that the number of sales transactions in the Central region has reached 207 across 25 different areas, and with a total value of AED 184.2 million. The 'Industrial Area 1' in Al-Qasimia suburb accounted for the largest share, with 59 transactions, representing 28.5% of the total. It was followed by 'Al-Blida' area with 41 transactions, and the 'Industrial Area 2' in Al-Qasimia suburb with 26 transactions. Additionally, the number of transactions in 'Khor Fakkan' reached 57 across 16 areas, and with a value of AED 60.7 million. 9 of these transactions were conducted in 'Hay Al-Haray Commercial', representing 15.8% of the total sales transactions in the city, and followed by 'Hay Al-Harai Industrial' and 'Hay Shgair', with 7 transactions each. In 'Kalba' city, the number of transactions reached 41, carried out across 14 areas, and with a total value of AED 24.9 million. 12 of these transactions were recorded in "Al-Tarif 5" area, representing 29.3% of the city's total sales transactions. "Kalba Industrial" and "Sur Kalba Commercial" areas came next, with 5 transactions each. Meanwhile, sales transactions in 'Dibba Al-Hisn' were distributed across three areas, with 3 transactions worth AED 2 million. 118 of Mortgage Transactions The value of mortgage transactions in the Central and Eastern regions has reached AED 84.8 million through 118 transactions. These included 47 mortgage transactions in 'Kalba' city, 40 in the Central Region, 28 in 'Khor Fakkan', and 3 mortgage transactions in 'Dibba Al-Hisn'. 355 of Initial Sales Contracts Regarding the number of initial sales contracts in the Central and Eastern regions during the first quarter of 2025, they reached 355 contracts, valued at AED 504.3 million. The Central Region branch conducted 312 contracts out of the total, while 43 contracts were conducted in 'Khor Fakkan'.
