The Sharjah Real Estate Registration Department has disclosed that the trading value of transactions in the Central and Eastern regions of Sharjah reached AED861.6 million ($234.6 million) during the first quarter of 2025. This represents a remarkable growth of 159.2 percent compared to the same period last year.
According to the report on real estate transactions published by the department, there were a total of 6,493 transactions recorded across its various branches. The sales transactions in the Central and Eastern regions amounted to 308, covering a total area of 11.3 million square feet, which signifies a growth rate of 11.9 percent compared to the previous year.
Factors driving growth
Omar Al-Mansour, director of the Branches Department at the Sharjah Real Estate Registration Department, indicated that the real estate sector in the Central and Eastern regions has seen remarkable growth and rapid prosperity in recent years. This progress is attributed to multiple strategic initiatives established by the Sharjah government as part of its comprehensive development vision. Key elements such as advanced infrastructure projects, the enhancement of road networks, and the expansion of governmental and digital services have played a significant role in attracting investors and boosting customer confidence in these promising areas.
Investor confidence and demand
Al-Mansouri further mentioned that the facilities extended to investors, including legislative and regulatory incentives, alongside the provision of an attractive and safe business environment, have been crucial in stimulating demand for real estate ownership for both residential and investment purposes. There is an observable increase in demand from citizens and residents for real estate ownership in cities like Khor Fakkan, Kalba, Al-Dhaid, and Dibba Al-Hisn. This demand is driven by these cities’ high quality of life, scenic landscapes, and proximity to major centers.
Regarding future prospects, Al-Mansouri explained that the pace of real estate growth in these two regions is expected to persist, bolstered by ambitious development plans aligned with Sharjah’s future vision. This vision aims to enhance the balance between economic, social, and environmental development, while also opening new avenues for diversified and sustainable real estate investment. The Real Estate Registration Department is 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.
Read more: Is Sharjah real estate on the cusp of change?
Trading value breakdown
Delving into specifics, Al-Mansouri stated that the trading value across the four branches accounted for 6.6 percent of the total trading value in Sharjah. In the Central region, the trading value reached AED621.4 million, representing 4.7 percent, while Khor Fakkan accounted for AED178.8 million, or 1.4 percent. Additionally, Kalba reported AED57.7 million, which corresponds to 0.4 percent, and Dibba Al-Hisn noted AED3.7 million, representing 0.1 percent of the total trading value across branches.
The value of mortgage transactions in the Central and Eastern regions has amounted to AED84.8 million through 118 transactions. This included 47 mortgage transactions in Kalba city, 40 in the Central Region, 28 in Khor Fakkan, and 3 mortgage transactions in Dibba Al-Hisn.
In terms of initial sales contracts in the Central and Eastern regions during the first quarter of 2025, there were 355 contracts valued at AED504.3 million. The Central Region branch completed 312 contracts out of this total, while Khor Fakkan contributed 43 contracts
