In July, the Sharjah real estate sector experienced an exceptional surge, achieving a remarkable trade value of 7.5 billion dirhams. This figure marks the highest monthly trading value since the beginning of 2025, demonstrating robust demand and diverse activities across various regions within the emirate. The report released by the Sharjah Real Estate Registration Authority outlines the significant activity that characterized the month, reinforcing the dynamic nature of the local real estate market.
Remarkable Trading Volume and Transactions
During July, total real estate transactions reached an impressive 11,377 deals, with 1,503 sales transactions accounting for about 13.2%. Additionally, 593 mortgage transactions were recorded, representing 5.2% of the total deals, with a combined value of 2.8 billion dirhams. Preliminary contracts also showed notable activity, with 1,134 agreements making up 10% of the transactions. Moreover, the issuance of property ownership certificates stood at 4,682 transactions, constituting 41.1% of the total, while property appreciation certificates were recorded at 3,465 transactions, reflecting 30.5%. This data suggests a thriving and transparent market environment in Sharjah.
Geographic Spread and Types of Properties Traded
The sale transactions were evident across 114 different areas within Sharjah, highlighting the geographic diversity of real estate activities. A variety of properties were traded, including residential, commercial, industrial, and agricultural land. Specifically, there were transactions involving 857 vacant plots, 332 unit sales, 312 built land transactions, and 2 transactions for land under construction. Notably, the industrial area of Al Arqoob topped the list of highest real estate transactions in July, with a remarkable deal valued at 251.8 million dirhams.
Leading Regions by Transaction Volume
In the city of Sharjah, a total of 1,338 sales transactions were executed, with the Al Sahma area leading in volume with 206 transactions. Following closely were the Muwaileh Commercial area with 200 transactions, Talla with 186, and Al Matar with 155. The Talla area not only surged in transaction count but also in monetary turnover, reaching 467.9 million dirhams. Other notable areas included Muwaileh with 340.8 million dirhams and Al Sajaa Industrial with 318.3 million dirhams, showcasing the strong demand for real estate across these markets.
Performance of Cities in Sharjah
In the central region, a total of 134 sales transactions were completed, predominantly within the Industrial 1 area, which recorded 31 deals. The Al Bulaida region stood out in terms of monetary volume, achieving 60.2 million dirhams. In Khor Fakkan, 13 transactions were noted, led by the Al Harai Industrial area with 5 deals. Meanwhile, in Kalba, 16 transactions took place, with the Al Buhayis area leading with 4 deals and contributing significantly to the overall trading volume with 3.3 million dirhams.
The impressive figure of 7.5 billion dirhams in Sharjah’s real estate transactions not only reflects a flourishing market but also serves as a testament to the emirate’s attractiveness as a prime location for real estate investment. With various regions showing diverse levels of activity, the Sharjah real estate sector is poised for continued growth and development.