The MTA Speaks| Prayer times| Weather Update| Gold Price
Follow Us: Facebook Instagram YouTube twitter

Sharjah's Real Estate Transactions Reach AED3.1 Billion in May 2026

Sharjah's Real Estate Transactions Reach AED3.1 Billion in May 2026

Post by : Bianca Haleem

In May 2026, the real estate market in Sharjah showed impressive dynamics, with total transactions amounting to AED3.1 billion from 7,119 deals, reflecting strong investor interest in the emirate’s property landscape.

As per the data from the Sharjah Real Estate Registration Department, around 9.5 million square feet changed hands through sales during the month.

The leading segment of activity was ownership certificates, comprising 2,902 transactions or 40.8% of the total deals. Meanwhile, 2,776 ownership deed transactions made up approximately 39% of the transactions.

Mortgage operations hit 718 transactions, which constituted 10.1% of all transactions, valued collectively at AED934.7 million. Initial sales contracts amounted to 513, representing 7.2% of the total, whilst valuation transactions numbered 210, making up 2.9%.

Sales occurred across 115 locations in Sharjah, encompassing residential, commercial, and industrial properties. This included 913 land deals, 683 subdivided unit transactions, and 255 developed land transactions.

The highest value deal was recorded at Al Sajaa Industrial, involving land sold for AED92 million. Al Mamzar recorded the largest mortgage transaction with land valued at AED80 million.

Sharjah saw a total of 1,851 sales transactions in May.

Sharjah City was particularly active, comprising 1,315 sales transactions. Muwaileh Commercial led with 328 transactions, followed by Al Khan with 218, Rodhat Al Sidr with 158, and Mezairah with 59 transactions.

In transaction value, Muwaileh Commercial topped the chart with AED276.6 million, followed by Al Sajaa Industrial with AED190.1 million, Al Menhaz with AED150 million, and Tilal with AED145.3 million.

The Central Region observed 440 sales transactions in May, with Al Belaida leading at 133 transactions, while Industrial Area 4 recorded the highest trading value at AED77.8 million.

In the Eastern Region, which includes Kalba, Khor Fakkan, and Dibba Al Hisn, 96 sales transactions were logged. Al Mudeifi emerged as the dominant area with 29 transactions and the highest trading value of AED31.6 million.

These recent statistics emphasize the ongoing expansion of Sharjah’s real estate sector and the robust demand across its residential, commercial, and industrial markets.

June 5, 2026 3:17 p.m. 130
Global Updates Sharjah News Sharjah Latest News Update

More Trending News

Featured Stories

UAE Steps Up Preparations for the 2026 UN Water Conference in Abu Dhabi
June 5, 2026 4:50 p.m.
UAE enhances global water collaboration as it co-hosts the 2026 UN Water Conference, following active participation in recent discussions.
Read More
Kuala Lumpur Police Officers Face Charges in RM10,000 Extortion Allegations
June 5, 2026 4:46 p.m.
Four Kuala Lumpur police corporals plead not guilty to extorting a salesman, with bail granted ahead of the next hearing.
Read More
UAE Reinforces Anti-Terrorism Commitment During BRICS Meeting
June 5, 2026 4:33 p.m.
At the BRICS Counter-Terrorism Working Group meeting, the UAE showcased its dedication to global efforts against terrorism.
Read More
Japan's Vision for New Nuclear Reactors to Address Energy Needs
June 5, 2026 4:29 p.m.
Japan sets plans to replace aging nuclear facilities as electricity demand surges, driven by sectors like AI and data management.
Read More
Hungary Halts Worker Visa Issuance for Three Countries
June 5, 2026 4:26 p.m.
Hungary has ceased issuing work visas to citizens from three nations, signaling a substantial shift in its labor and immigration strategy.
Read More
ICC Suspends Membership of Cricket Canada Over Governance Failures
June 5, 2026 4:22 p.m.
Cricket Canada is suspended by the ICC for governance issues, but its national teams can still compete internationally.
Read More
Arab League Calls Attention to Israeli Occupation and Settlement Actions
June 5, 2026 4:12 p.m.
Arab League demands action against Israeli occupation and settlement activities, advocating for Palestinian statehood.
Read More
Iran Conflict and Visa Challenges Dampen World Cup Enthusiasm
June 5, 2026 4:08 p.m.
Visa complications tied to the Iran conflict are hindering international fan participation ahead of the 2026 FIFA World Cup.
Read More
Indonesia Invites International Partners for Massive Sea Wall Initiative
June 5, 2026 4:05 p.m.
The Indonesian government calls for global collaboration on a sea wall aimed at safeguarding its northern coastline from climate threats.
Read More
Sponsored
Trending News