Sharjah’s real estate sector has achieved a record-breaking milestone, with transactions reaching an impressive Dh40 billion in 2024. This represents a remarkable 48% growth compared to 2023, reflecting the emirate’s thriving property market and robust investor confidence. The surge in transactions highlights Sharjah’s appeal as a dynamic hub for real estate activity in the UAE.
The growth is attributed to a combination of factors, including government initiatives, investor-friendly policies, and infrastructure development projects. Experts have noted an uptick in demand across residential, commercial, and industrial properties, driven by both local and international buyers seeking long-term value.
Sharjah’s Department of Real Estate Registration revealed that the sector’s performance was boosted by several large-scale projects and the introduction of innovative housing solutions. “Our real estate market continues to thrive as we focus on creating opportunities for investors and fostering economic growth,” a department spokesperson stated.
With this extraordinary growth trajectory, Sharjah is poised to remain a key player in the UAE’s real estate sector. Market analysts predict sustained expansion in the coming years, supported by strong demand, strategic urban planning, and ongoing economic diversification.
