Close Menu
Newsweek ArabiaNewsweek Arabia
    Latest Posts

    ‘Jailer 2’ OTT release: Prime Video locks streaming date

    November 7, 2026

    Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case

    November 7, 2026

    In photos: Cristiano Ronaldo's 23-year-long glittering career under Portugal team

    November 7, 2026
    Facebook X (Twitter) Instagram
    Newsweek ArabiaNewsweek Arabia
    Facebook X (Twitter) Instagram
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    Newsweek ArabiaNewsweek Arabia
    Home»Business»Sharjah real estate transactions reach AED7 billion in July
    Business

    Sharjah real estate transactions reach AED7 billion in July

    Editorial teamBy Editorial teamAugust 7, 2026
    Facebook Twitter Pinterest LinkedIn Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest WhatsApp Email


    SHARJAH, 6th August, 2026 (WAM) — Sharjah’s real estate sector recorded transactions worth AED7 billion in July 2026, a 61.8 percent increase from AED4.4 billion in June, across 9,376 transactions, up 25.3 percent.

    The total area traded through sales transactions reached approximately 27.2 million square feet, reflecting continued investment momentum and growing confidence in the emirate’s real estate market.

    The Sharjah Real Estate Registration Department attributed the sector’s strong performance to ongoing infrastructure development, major development projects and a supportive legislative environment that continues to attract regional and international investors.

    Ownership certificate transactions topped activity with 4,049 transactions, followed by 3,356 ownership deed transactions. The department also recorded 466 mortgage transactions worth AED1 billion, 1,185 initial sales contracts and 320 valuation transactions.

    Transactions covered 129 areas across the emirate and included 1,347 land sales, comprising 895 residential, 381 industrial and 71 commercial plots. The market also recorded 894 subdivided unit transactions, including 842 apartments, and 643 developed property transactions.

    The highest transaction during the month was the sale of land in Industrial 4 for AED850 million, while the largest mortgage transaction was recorded in Al Layyeh, valued at AED120 million.

    A total of 2,884 sales transactions were completed across the emirate. Sharjah City accounted for 2,091 sales, with Muwaileh Commercial recording the highest number at 442, followed by Al Sajaa Industrial with 244, Hay Hoshi with 203 and Al Khan with 168.

    In terms of transaction value, Al Sajaa Industrial led Sharjah City with AED715.4 million, followed by Muwaileh Commercial at AED516.3 million, Al Menhaz at AED449.5 million and Al Qulai’aah at AED365.7 million.

    The Central Region recorded 527 sales transactions, led by Al Belaida with 192 transactions, while Industrial 4 recorded the highest trading value at AED908.8 million.

    In the Eastern Region, Khor Fakkan registered 206 transactions, with Al Mudeifi accounting for 159 transactions and AED218.2 million in trading value. Kalba recorded 58 transactions, led by Commercial Sour Kalba with 21 transactions and AED5.6 million in trading value. Dibba Al Hisn recorded two transactions, with Hay Al Seeh registering the highest trading value at AED1.2 million.

    Source: Emirates News Agency

    Related Posts

    Explainer: Why Wall Street’s sell-off is spreading to Europe and worrying Gulf investors

    November 7, 2026

    ADNOC Gas, SNOC sign agreement to advance UAE gas network integration

    November 6, 2026

    Exploit3rs concludes ADNOC AI Hackathon final

    November 6, 2026
    Don't Miss
    Lifestyle

    ‘Jailer 2’ OTT release: Prime Video locks streaming date

    By Editorial teamNovember 7, 2026

    It’s official. The action comedy Jailer 2, starring superstar Rajinikanth and a bevy of stars…

    Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case

    November 7, 2026

    In photos: Cristiano Ronaldo's 23-year-long glittering career under Portugal team

    November 7, 2026

    Explainer: Why Wall Street’s sell-off is spreading to Europe and worrying Gulf investors

    November 7, 2026
    Our Picks

    ‘Jailer 2’ OTT release: Prime Video locks streaming date

    November 7, 2026

    Dubai court orders man to repay Dh2 million loan after he ignored the due date and the court case

    November 7, 2026

    In photos: Cristiano Ronaldo's 23-year-long glittering career under Portugal team

    November 7, 2026

    Explainer: Why Wall Street’s sell-off is spreading to Europe and worrying Gulf investors

    November 7, 2026
    Facebook X (Twitter) Instagram Pinterest
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us
    2026. All rights reserved.

    Type above and press Enter to search. Press Esc to cancel.