This Sharjah area topped property sales with transactions worth Dh29.5 billion

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This Sharjah area topped property sales with transactions worth Dh29.5 billion.

Dubai: Sharjah’s real estate market drew investors from 121 nationalities in the first half of 2026, with total transaction values increasing 9.3 per cent to reach Dh29.5 billion.

The emirate registered 59,460 real estate transactions between January and June, marking a 23.7 per cent increase compared with the same period in 2025, according to the Sharjah Real Estate Registration Department.

Residential properties remained the strongest segment of Sharjah’s real estate market, recording 13,501 transactions and representing 82.2 per cent of total property sales during the six-month period.

More than 16,000 properties sold

Sharjah registered 16,426 sale transactions in the first half of the year, including property sales, usufruct transactions and initial sale contracts.

The figure represented a 4.7 per cent increase compared with the 15,686 transactions recorded during the same period in 2025. Properties sold during the six-month period covered 85 million square feet across 202 areas of the emirate.

Industrial properties accounted for 1,969 transactions, making up 12 per cent of total sales, while commercial properties recorded 937 deals with a 5.7 per cent share. Agricultural properties registered 19 transactions during the period.

Muwaileh Commercial leads property activity

Muwaileh Commercial emerged as Sharjah’s top-performing area in the first half of 2026, recording the highest number of transactions and the greatest sales value, with 2,385 deals worth Dh2.8 billion.

Al Belaida ranked second with 2,171 transactions valued at Dh1.4 billion, followed by Al Khan, which recorded 1,077 deals worth around Dh1.3 billion.

Mortgage activity in Sharjah reached Dh7.6 billion through 2,590 transactions during the first half of the year.

Indian investors rank second

UAE nationals continued to lead Sharjah’s property market, purchasing 22,599 properties with a total investment value of approximately Dh14.9 billion.

Indian investors ranked second in terms of the number of properties acquired, purchasing 1,657 units during the first six months. They were followed by Syrian investors with 1,163 properties and Jordanian buyers with 670 properties.

Iraqi investors purchased 668 properties, while Egyptian buyers acquired 662 units during the period.

GCC nationals, excluding Emiratis, invested Dh1.36 billion across 924 properties. Arab investors accounted for around Dh5 billion in investments through 4,449 properties, while buyers from other nationalities acquired 4,264 properties valued at Dh8.2 billion.

More projects open to foreign buyers

Sharjah introduced 11 new real estate projects in the first half of the year across areas including Um Fanain, Muwaileh Commercial, Al Raqeeba, Hay Al Hoshe and Al Sajaa Industrial.

The new developments include residential communities, high-rise towers and mixed-use projects spanning residential, commercial and industrial sectors.

The number of projects approved for ownership by non-UAE and GCC nationals has reached 50 since Sharjah introduced its updated property ownership regulations in 2022.

During the first half of 2026, six additional projects received approval, further expanding property options available to international investors in the emirate.

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