In 2023, Sharjah experienced a notable increase in real estate transactions, reaching its highest level since 2017. This surge indicates a growing interest among capitalists, businessmen, and investors seeking significant returns in both short and long-term investment scenarios.
According to the Sharjah Real Estate Registration Department, there was a 13 percent rise in property transaction volume, totaling Dh27 billion in 2023. This expansion reflects the growth of the real estate market in terms of size, transactions, area coverage, and investor participation.
Abdulaziz Ahmed Al-Shamsi, Director General of the Sharjah Real Estate Registration Department, attributed Sharjah’s real estate growth in 2023 to its “strength and versatility.”
