Economy Real Estate

Sharjah real estate transactions climb 9.3% to AED29.5bn in first half of 2026

Photo Credit : WAM

Sharjah’s real estate market continued its strong growth momentum during the first half of 2026, with total property transactions reaching AED29.5 billion, up 9.3 percent compared to the same period last year, highlighting rising investor confidence and sustained market activity across the emirate.

According to the Sharjah Real Estate Registration Department, a total of 59,460 real estate transactions were completed during the six-month period, representing a 23.7 percent increase year-on-year.

Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, said the latest figures demonstrate the resilience of Sharjah’s property market and its continued upward trajectory. He noted that higher transaction values and volumes reflect growing investor confidence, supported by an efficient regulatory framework capable of adapting to economic changes while attracting high-quality investments.

Al-Shamsi attributed the sector’s performance to the continued support of His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and the close oversight of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council.

He added that ongoing improvements in legislation, services and digital procedures are strengthening Sharjah’s competitiveness as a regional and international real estate investment destination while supporting sustainable long-term growth.

Property sales top 16,400 transactions

During the first half of 2026, Sharjah recorded 16,426 sales transactions, including sales, usufruct sales and initial sales contracts, across 202 areas covering approximately 85 million square feet. This represents a 4.7 percent increase compared to the 15,686 transactions recorded during the same period in 2025.

Muwaileh Commercial led all areas with 2,385 transactions valued at AED2.8 billion, followed by Al-Belaida with 2,171 transactions worth AED1.4 billion, while Al-Khan ranked third with 1,077 transactions valued at nearly AED1.3 billion.

Residential properties dominated the market, accounting for 13,501 transactions, or 82.2 percent of all sales. Industrial properties followed with 1,969 transactions (12 percent), while commercial properties recorded 937 transactions (5.7 percent). Agricultural properties accounted for 19 transactions.

Mortgage activity reaches AED7.6bn

Mortgage transactions totalled 2,590 during H1 2026, with a combined value of AED7.6 billion, reflecting continued financing activity within the emirate’s property market.

Sharjah also registered 11 new real estate projects during the first six months of the year. The developments are spread across key locations including Um Fanain, Muwaileh Commercial, Al-Raqeeba, Hay Al-Hoshe, and Al Sajaa Industrial, featuring residential complexes, towers and mixed-use developments.

The number of projects approved for sale under Executive Council Resolution No. 30 of 2022, which allows property ownership by non-UAE and GCC nationals in designated developments, reached 50 projects since the regulation was introduced. Six additional projects received approval during H1 2026, expanding investment opportunities for international buyers.

Investors from 121 nationalities

Sharjah’s property market attracted investors from 121 nationalities during the first half of 2026, underlining the emirate’s growing international appeal.

UAE nationals invested approximately AED14.9 billion across 22,599 properties, while GCC investors excluding Emiratis invested AED1.36 billion through 924 properties.

Arab investors accounted for around AED5 billion across 4,449 properties, while investors from other nationalities contributed approximately AED8.2 billion through 4,264 properties.

By number of properties traded, Emirati investors ranked first with 22,599 properties, followed by buyers from India (1,657), Syria (1,163), Jordan (670), Iraq (668) and Egypt (662), reflecting the broad international demand supporting Sharjah’s expanding real estate sector.

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