In November 2024, the real estate market Sharji showed impressive results, fixing the volume of transactions at the level of 4 billion dirhams and the total number of 4606 transactions. These data, published by the Sharji Real Estate Registration Department, indicate a high level of activity in the real estate sector, which covered 20.4 million square feet. Among the operations carried out, 1522 transactions were associated with sale and sale transactions, which is 33% of the total, while 339 mortgage transactions in the amount of 668 million dirhams amounted to 7.4% of all transactions.
The diversity of real estate involved in transactions inspires respect: sales covered 116 districts, including residential, commercial, industrial and agricultural areas. Within the framework of these transactions, 925 land plots and 322 units in the towers, as well as 275 transactions on the built -in lands were registered. The Muwailih commercial district is especially distinguished, where the largest transaction was concluded in the amount of 180 million dirhams, and the main mortgage transaction on built -in land worth 51 million dirhams was recorded.
The commercial district of Muwailih continued leadership in the number of transactions, from 161 transaction, which emphasizes its attractiveness for investors. Other noticeable areas include HEY HOSHI with 104 transactions and the Al-Khan zone with 85. The impressive trading volumes in this area amounted to 470.7 million dirhams. In the center of Sharji there is also a growing interest: for example, in the city of Al-Kasimia, 473 transactions were concluded, which makes this area one of the most active trading volume of 334.2 million dirhams. The general dynamics of the market indicates a favorable investment environment and the confidence of the participants in the future of the Sharji Real Estate sector.
In recent months, the city of Horfakkan demonstrates activity in the field of real estate, since 16 sales transactions have been registered. The industrial zone of Hay-al-Kharai became the leader in the number of transactions, fixing five transactions. However, Zona Al-Batha 4 surprised a large amount of bidding, which amounted to 5.7 million dirhams, which emphasizes the growing interest in this region. The situation was no less impressive in the city of Kalba, where 15 transactions were enclosed. The commercial zone of Sur Kalba also demonstrated high activity, occupying first place with four transactions, and the Al-Sur 4 ARAA was noted by a high volume of trading of 3.2 million dirhamo.
Sharja continues to strengthen his position as a vital real estate center in the regional market. Combining rich cultural and environmental diversity with the preservation of heritage, this Emirate is becoming more attractive for investors. Here a legislative environment has been created that contributes to the development of real estate sector and attracting investments due to competitive prices compared to other emirates. All these factors make a cartoon for individuals and families striving for security, comfort and luxury, which contributes to the further development of the real estate market in the region.
