The value of real estate transactions in Sharjah during April 2024 reached AED1.7 billion ($462.83 million).
According to the Real Estate Transactions Report, issued by the Sharjah Real Estate Registration Department, this was across a total of 1,632 transactions covering an area of 6.5 million square feet.
Overall, the report highlights the robust activity and investor confidence in Sharjah’s diverse real estate market.
The data indicates growing confidence in Sharjah’s real estate market and the attractiveness of its investment environment. Sharjah has proven itself to be one of the most attractive global destinations for real estate investors.
Findings revealed that the total number of transactions in April was 1,632.
تصرفات شهر أبريل في إمارة الشارقة.
April transactions in the Emirate of Sharjah.#الشارقة #دائرة_التسجيل_العقاري #Sharjah #SharjahRealEstateRegistrationDepartment pic.twitter.com/MtCuwj0Nyb
— دائرةالتسجيل العقاري (@shjrerd) May 15, 2024
Sales transactions accounted for 579 of these, representing 35.5 percent of the total.
Additionally, mortgage transactions reached 197, or 12.1 percent of the total, with a value of AED402.2 million ($109.5 million). The remaining 856 transactions made up the other 52.4 percent.
The sales transactions took place across 89 different areas within Sharjah, involving residential, commercial, industrial, and agricultural properties.
The types of real estate traded included 253 land plots, 185 tower units, and 141 built-up land parcels.
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