Sharjahâs real estate market recorded strong growth during Ramadan 2026, with total transaction value rising sharply to Dhs4.6 billion, according to official data.
The figure marks a 71.8 per cent increase compared to Dhs2.7 billion recorded during Ramadan 2025, reflecting increased demand across property segments.
Market performance
A total of 7,299 real estate transactions were completed during the period, up 45.3 per cent from 5,023 transactions a year earlier. Data from the Sharjah Real Estate Registration Department showed activity across multiple categories, including 3,596 ownership certificates, 2,464 title deeds, 969 initial sales contracts, and 270 mortgage transactions.
Sales activity
Sales transactions reached 2,093 during Ramadan, recording a 26.7 per cent increase from 1,652 transactions in the same period last year.
These included 1,121 final sales, 952 initial sales contracts, and 20 usufruct sales transactions, indicating continued activity in both off-plan and completed property markets, according to WAM.
Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, stated, “The growth observed in the real estate sector during Ramadan 2026 reflects the strength and resilience of the market, underpinned by a long-term strategic vision focused on building a comprehensive and sustainable real estate ecosystem. This approach is driven by legislative stability, balanced urban development, and the introduction of diversified real estate projects designed to meet the evolving needs of investors and residents alike.”
Al-Shamsi added, “The diversity of developmental projects, coupled with ongoing infrastructure enhancements and the availability of flexible real estate financing solutions, has played a key role in driving increased sales activity and rising demand across property segments, further strengthening investor confidence in Sharjah’s real estate market.”
The department attributed the increase to rising demand for residential and investment properties, supported by new project launches offering a range of options and competitive rental returns.
Officials said the emirate continues to focus on developing a sustainable real estate sector, supported by infrastructure growth and regulatory frameworks aimed at maintaining long-term market stability.
tanvir@dubainewsweek.com
