Sharjah’s real estate market continued to gain momentum in October, with total transactions reaching AED7 billion, a 54.1 per cent increase compared with the same month last year, according to the Sharjah Real Estate Registration Department.
Officials said the results reinforce Sharjah’s position as a leading investment destination in the region, with the strong performance highlighting Sharjah’s economic resilience and investor appeal.
During October, the emirate recorded 12,539 real estate transactions covering approximately 15.3 million square feet in traded sales area, reflecting steady investment inflows across residential, commercial, industrial, and agricultural sectors.
Sales transactions accounted for 1,964 deals, or 15.7 per cent of the total, confirming sustained demand for property assets. The department also reported 599 mortgage transactions worth AED2.2 billion, representing 4.8 per cent of total activity, a sign of continued confidence among banks and investors.
Initial sale contracts reached 1,307, equivalent to 10.4 per cent of total transactions, while 6,315 property statements were issued, making up just over half of all recorded activity. Ownership deeds totalled 2,354, or 18.7 per cent, reflecting continued movement in a transparent and well-regulated market.
Sales took place across 120 areas in the emirate, with 1,164 transactions for land plots, 414 for built-in lands, and 386 for units in towers.
In Sharjah city, 1,710 sales transactions were completed. Al-Sehma led with 326 deals, followed by Muwaileh Commercial with 209, Tilal with 163, and Al-Sajaa Industrial Area with 148.
By trading value, Al-Sajaa Industrial Area ranked first at AED559.6 million, followed by Tilal at AED359.8 million, Umm Fanain at AED280.3 million, and Muwaileh Commercial at AED255.3 million.
In the Central Region, 202 sales transactions were registered, led by Industrial Area 3 with 98 deals worth AED240.9 million. The same area also recorded the highest-value transaction of the month, a land sale worth AED77.7 million.
Al Mamzar recorded the largest mortgage transaction at AED386 million, underlining strong financial confidence in Sharjah’s property sector.
