Sharjah’s residential property market recorded strong growth in the first half of 2026, with home sales more than doubling year-on-year and mortgage activity continuing to rise, reflecting sustained demand from buyers and investors, according to Savills.
Residential sales reached 13,081 transactions during the first six months of the year, up from 6,140 in H1 2025. In the second quarter alone, the market recorded 5,357 residential transactions, 58.6% higher than the same period last year.
Savills said the market remained resilient, with the second quarter following an exceptionally strong start to the year that was supported by major project launches and industry events.
Mortgage growth
Mortgage registrations climbed to 1,555 in Q2, marking a 51% increase from the previous quarter and a 30% rise compared with the same period last year, highlighting continued confidence among end-users and investors.
Shane Breen, Head of Sharjah & Northern Emirates at Savills Middle East, said: “The Q2 figures show a market moving into a more sustainable phase after an exceptional first quarter. The year-on-year growth in sales and the continued rise in mortgage registrations point to resilient demand, while buyers are becoming more selective on quality, location and value. Sharjah is also seeing a meaningful broadening of its residential offer, with waterfront apartments and mixed-use communities complementing its established villa-led market.”
New developments
Sharjah continued to expand its residential offering during the quarter with several new projects coming to market.
Among the largest launches was Alef Group’s Dhs4 billion Linar waterfront development, which will include around 2,620 apartments across six towers. Other projects progressing during the quarter included Qasba Downtown and Terhab, while the Al Khan-Al Mamzar waterfront corridor continued to attract new residential developments.
Villa communities also remained a key part of future supply, with projects such as Masaar 3, Hayyan, Al Tay Hills, Sustainable City 2, Sukoon and Khalid Bin Sultan City moving forward. Upcoming completions include Saro and Azalea within Arada’s Masaar masterplan.
Market outlook
According to the Sharjah Real Estate Registration Department, the emirate’s total real estate transaction value reached Dhs29.5 billion in the first half of 2026, up 9.3% year-on-year. The number of real estate transactions rose 23.7% to 59,460, with investors from 121 nationalities active in the market and 11 new real estate projects registered.
Savills expects additional residential launches from the third quarter onwards, supported by expanding freehold ownership, growing international investor participation and Sharjah’s competitive pricing compared with neighbouring emirates.
tanvir@dubainewsweek.com
