Close Menu
UAE NEWS TODAY
    What's New

    Oil prices near three-week high as US-Iran peace hopes fade

    August 18, 2026

    Stray Kids thank fans after ‘This & That’ scores ninth Billboard 200 No. 1

    August 18, 2026

    Why kidneys are the most transplanted organ in UAE

    August 18, 2026
    Facebook X (Twitter) Instagram
    Facebook X (Twitter) Instagram
    UAE NEWS TODAYUAE NEWS TODAY
    • Home
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    UAE NEWS TODAY
    Home»Business»Sharjah real estate transactions reach AED7 billion in July
    Business

    Sharjah real estate transactions reach AED7 billion in July

    Editorial teamBy Editorial teamAugust 7, 2026
    Facebook Twitter LinkedIn Telegram Pinterest Tumblr Reddit WhatsApp Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    SHARJAH, 6th August, 2026 (WAM) — Sharjah’s real estate sector recorded transactions worth AED7 billion in July 2026, a 61.8 percent increase from AED4.4 billion in June, across 9,376 transactions, up 25.3 percent.

    The total area traded through sales transactions reached approximately 27.2 million square feet, reflecting continued investment momentum and growing confidence in the emirate’s real estate market.

    The Sharjah Real Estate Registration Department attributed the sector’s strong performance to ongoing infrastructure development, major development projects and a supportive legislative environment that continues to attract regional and international investors.

    Ownership certificate transactions topped activity with 4,049 transactions, followed by 3,356 ownership deed transactions. The department also recorded 466 mortgage transactions worth AED1 billion, 1,185 initial sales contracts and 320 valuation transactions.

    Transactions covered 129 areas across the emirate and included 1,347 land sales, comprising 895 residential, 381 industrial and 71 commercial plots. The market also recorded 894 subdivided unit transactions, including 842 apartments, and 643 developed property transactions.

    The highest transaction during the month was the sale of land in Industrial 4 for AED850 million, while the largest mortgage transaction was recorded in Al Layyeh, valued at AED120 million.

    A total of 2,884 sales transactions were completed across the emirate. Sharjah City accounted for 2,091 sales, with Muwaileh Commercial recording the highest number at 442, followed by Al Sajaa Industrial with 244, Hay Hoshi with 203 and Al Khan with 168.

    In terms of transaction value, Al Sajaa Industrial led Sharjah City with AED715.4 million, followed by Muwaileh Commercial at AED516.3 million, Al Menhaz at AED449.5 million and Al Qulai’aah at AED365.7 million.

    The Central Region recorded 527 sales transactions, led by Al Belaida with 192 transactions, while Industrial 4 recorded the highest trading value at AED908.8 million.

    In the Eastern Region, Khor Fakkan registered 206 transactions, with Al Mudeifi accounting for 159 transactions and AED218.2 million in trading value. Kalba recorded 58 transactions, led by Commercial Sour Kalba with 21 transactions and AED5.6 million in trading value. Dibba Al Hisn recorded two transactions, with Hay Al Seeh registering the highest trading value at AED1.2 million.

    Source: Emirates News Agency

    Previous ArticleS&P 500 struggles for direction as investors await Mideast deal; software stocks slide 
    Next Article DGHR implements Azure Virtual Desktop in collaboration with Microsoft

    Related Posts

    Oil prices near three-week high as US-Iran peace hopes fade

    August 18, 2026

    Dubai property buyers upgrade to bigger units, move to high-end communities after price drop

    August 18, 2026

    EaseMyTrip launches ‘ReSave’ feature to track fare drop, return savings after booking

    August 18, 2026
    Top Posts

    UAE strengthens lead on day two of UAE National Jiu-Jitsu Championship

    June 13, 2026

    UAE Team Emirates-XRG targets victory at Copenhagen Sprint with Sprinter Leading Squad

    June 12, 2026

    Saeed Al Hajeri reaffirms UAE’s commitment to strengthening partnership with New Zealand

    June 12, 2026

    ECSSR Director-General meets Vice Minister of International Department of CPC Central Committee

    June 13, 2026
    Don't Miss

    Oil prices near three-week high as US-Iran peace hopes fade

    Business August 18, 2026

    Oil prices traded slightly higher for a third session on Tuesday as prospects receded for…

    Stray Kids thank fans after ‘This & That’ scores ninth Billboard 200 No. 1

    August 18, 2026

    Why kidneys are the most transplanted organ in UAE

    August 18, 2026

    Williams sisters beaten on doubles return, Eala loses at Cincinnati Open

    August 18, 2026
    2026. All rights reserved.
    • UAE
    • Business
    • Technology
    • Lifestyle
    • Sports
    • Contact us

    Type above and press Enter to search. Press Esc to cancel.