Sharjah’s property market posted transactions worth AED3.1 billion ($844 million) in May, reflecting sustained demand from investors and continued activity across the emirate’s real estate sector.
Figures released by the Sharjah Real Estate Registration Department showed that 7,119 transactions were completed during the month, while the total area traded through sales deals reached nearly 9.5 million square feet.
Ownership certificate transactions made up the largest share, accounting for 2,902 deals, followed closely by ownership deed transactions at 2,776. Mortgage transactions totalled 718, with a combined value of AED934.7 million.
The data also showed that initial sales contracts reached 513 transactions, while valuation transactions stood at 210.
Sales activity was recorded across 115 areas in Sharjah and included residential, commercial and industrial properties. Land deals represented the majority of transactions, alongside sales involving subdivided units and developed land.
The highest-value transaction during May was recorded in Al Sajaa Industrial, where a plot of land was sold for AED92 million. Al Mamzar registered the emirate’s largest mortgage deal, involving land valued at AED80 million.
A total of 1,851 sales transactions were completed during the month, with Sharjah City accounting for the largest share at 1,315 deals. Muwaileh Commercial emerged as the most active area in terms of transaction volume, followed by Al Khan and Rodhat Al Sidr.
In terms of trading value, Muwaileh Commercial led with AED276.6 million, while Al Sajaa Industrial, Al Menhaz and Tilal also recorded significant activity.
Elsewhere, the Central Region saw 440 sales transactions, with Al Belaida recording the highest number of deals. In the Eastern Region, which includes Kalba, Khor Fakkan and Dibba Al Hisn, 96 sales transactions were completed, led by Al Mudeifi in both trading volume and value.
Analysts say the latest figures highlight continued confidence in Sharjah’s real estate sector as the emirate attracts investors seeking opportunities across a range of property segments.
