“Sharjah Real Estate Market Soars to New Heights in 2023”

“Real Estate Transactions in Sharjah Reach a Six-Year Record High”

The Sharjah real estate market has experienced a significant upswing in 2023, reaching a six-year high in property transactions. The Sharjah Real Estate Registration Department recorded an impressive 13% increase in deals, amounting to Dh27 billion. This growth is indicative of an expanding real estate sector, marked by increased transaction volumes, expanded market areas, and heightened investor interest. The surge is attributed to the introduction of five major real estate and urban projects across different sectors. These projects have significantly contributed to the trading of over 14,713 properties, showcasing a robust and dynamic real estate market in Sharjah.The robust growth in Sharjah’s real estate sector is a reflection of the emirate’s appeal to investors and homebuyers. The increase in transactions and the influx of major projects indicate a healthy and growing market. This trend is expected to continue, bolstered by Sharjah’s strategic developments and investor-friendly policies, making it an attractive destination for real estate investment.