Sharjah’s real estate sector achieved a solid and exceptional performance in the first month of 2025 with the volume of real estate transactions reaching AED7 billion ($1.91 billion) during January compared to AED3.9 billion in the same month of 2024.
The total number of transactions more than doubled to 11,116 in January 2025 compared to 5,412 in the same month last year and the total area traded in sales transactions reached 10.4 million square feet.
Sharjah’s real estate market has witnessed remarkable development in recent years, which reflects an ambitious vision that combines innovation, sustainability and high quality. This development is the result of the Sharjah Government’s wise policies and major investments in infrastructure, which made the emirate an attractive real estate destination that combines a modern civilized character with an authentic cultural identity.
Sales transactions hit 1,246 in January
The Sharjah Real Estate Registration Department also revealed that the total number of transactions reached 11,116, with the number of sales transactions reaching 1,246, representing 11.2 percent of the total number of transactions.
As for the number of mortgage transactions, they reached 677, which represented 6.1 percent of the total transactions, and with a value of AED1.1 billion. Additionally, the number of initial contract transactions reached 2,817, representing 25.3 percent of the total, while the number of property certificate transactions reached 4,177, representing 37.6 percent.
Meanwhile, the number of title deeds transactions reached 2,199, representing 19.8 percent of the total number of transactions.
Real estate sales transactions took place in 114 areas distributed across the various cities and regions of Sharjah. These transactions included residential, commercial, industrial and agricultural lands and properties. In terms of the type of traded real estate, there were 651 transactions for vacant lands, 332 for sub-divided towers, and 263 transactions for built-in lands.
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Muwailih Commercial area records highest real estate deal
The “Muwailih Commercial” area recorded the highest real estate deal in Sharjah which was for a built-in land worth AED46.5 million. In mortgage transactions, the “Warehouses Land” area also recorded the highest transaction on built-in land worth AED330 million.
The total sales transactions in Sharjah reached 1,132, and the “Muwailih Commercial” area continued to lead the list of areas with the highest number of sales transactions, recording 179 transactions last month. Next came the “Hay Hoshi” area with 98 transactions, the “Al-Khan” area with 91, and the “Um Fanain” area with 76 transactions.
As for the areas with the highest cash trading volume, the “Muwailih Commercial” area also topped the list with a trading value of AED239.4 million, followed by the “Al-Sajaa Industrial” area with AED187.9 million, the “Um Fanain” area with AED141.3 million, and the “Hay Hoshi” district with AED109.7 million of cash trading volume.
In Sharjah’s Central Region, the total real estate sales transactions reached 77, most of which were concentrated in the “Industrial Area 1”, which recorded 35 transactions and was also the highest area in terms of trading volume at AED19.9 million.
As for the city of Khorfakkan, 23 sales transactions took place, with “Al-Harai Industrial” and “Hayawa 4” areas having the highest number of transactions at 4 transactions each. Meanwhile, the “Al-Gharb” district recorded the highest cash trading volume, which reached AED8.7 million.
Finally, in Kalba city, 13 sales transactions were carried out, led by the “Al-Tarif 5” area with 4 transactions, while the “Al-Tarif 4” area was the highest in terms of cash trading volume, which amounted to AED2 million.
