Sharjah Real Estate Transactions Reach AED13.2 Billion in Q1 2025, Up 31.9% Year-on-Year

Sharjah, April 23 (Saudi Arabia Breaking News) – The total value of real estate transactions in the Emirate of Sharjah reached AED13.2 billion in the first quarter of 2025, representing a 31.9 percent increase compared to AED10 billion recorded in the same period last year, according to data released by the Sharjah Real Estate Registration Department.

The number of executed transactions rose by 4.8 percent, totaling 24,597 in Q1 2025, compared to 23,478 in Q1 2024. The increase reflects growing investor confidence in Sharjah’s stable and investor-friendly environment, supported by modern infrastructure and a diverse economic base.

Abdulaziz Ahmed Al-Shamsi, Director-General of the department, said the real estate sector’s performance demonstrates Sharjah’s role in achieving balanced economic growth, guided by the directives of His Highness Sheikh Dr. Sultan bin Muhammad Al-Qasimi, Supreme Council Member and Ruler of Sharjah, and His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah.

“Sharjah continues to solidify its position on the regional and global real estate investment map through a diversified economy and a robust legislative framework that guarantees rights and strengthens investor trust,” Al-Shamsi said.

The quarter saw 8,123 sales transactions, a 32.2 percent increase compared to 6,146 in Q1 2024. These were spread across 169 areas, covering 46 million square feet, and amounting to AED10.7 billion in value.

The area with the highest sales volume was Muwailih Commercial with 1,787 transactions worth AED1.9 billion, followed by Al-Belaida with 902 transactions (AED851 million) and Al-Khan with 536 transactions (AED665 million).

Residential properties dominated the sales sector, accounting for 78.9 percent of transactions (2,894 deals). Industrial properties followed at 13 percent (477 deals), commercial properties at 7.1 percent (259 deals), and agricultural properties at 1 percent (39 deals).

The department also recorded 1,417 mortgage transactions valued at AED2.4 billion, carried out through 21 financial institutions. The highest number of mortgage deals was in Um Fanain (113 transactions worth AED170.6 million), followed by Muwailih Commercial (66 mortgages, AED246.5 million), Al-Hamriyah West (65 mortgages, AED158.6 million), and Al-Sajaa Industrial (60 mortgages, AED148.2 million).

Four new residential projects were registered during the quarter in Muwailih Commercial, Al-Tay, and Al-Tay West.

Investors from 97 nationalities participated in the real estate market in Q1 2025. Emirati investors accounted for the largest share, with AED5.2 billion in investments, representing 39.8 percent of the total. GCC nationals invested AED509.8 million (3.9 percent), Arab nationals AED3 billion (22.3 percent), and foreign investors AED4.5 billion (34 percent).

The number of foreign investors rose 25.3 percent year-on-year to 3,725, while 3,951 properties were traded by non-UAE nationals, marking a 25.2 percent increase. The growth is attributed to recent legislative reforms permitting foreign ownership in designated zones.

By nationality, Emirati investors led with 7,198 properties, followed by investors from India (796), Syria (502), Egypt (391), Iraq (318), and Jordan (303). The department noted continued upward momentum in both local and international investor participation.