
Sharjah's real estate market has delivered a powerful performance in the first half of 2024, recording a staggering Dh11.2 billion in transactions, a resounding vote of confidence from both local and international investors. Most significantly, UAE nationals have emerged as the dominant force, accounting for nearly half of all deals, reaffirming their unwavering faith in the emirate's economic strategy and long-term growth potential.
This robust local investment is a powerful market indicator, signaling deep-rooted trust and highlighting Sharjah's appeal as a stable and high-growth environment.
The Sharjah Real Estate Registration Department (SRERD) reported a total of 52,679 property transactions during the first six months of the year. This high volume of activity underscores a market that is not just active but thriving, with a diverse range of sales, mortgages, and other deals taking place across the emirate.
The headline story from the H1-2024 data is the overwhelming participation of Emirati investors. They were involved in a remarkable 22,231 deals, solidifying their position as the primary drivers of market momentum. This heavy investment from UAE nationals, who have the deepest understanding of the local landscape, is the strongest possible endorsement of Sharjah's real estate sector and its future trajectory.
While Emiratis led the investment drive, Sharjah's market also showcased its broad international appeal. Investors from other Arab nations were involved in 1,600 deals, while non-Arab foreign investors accounted for 1,939 transactions. This diverse mix of nationalities demonstrates Sharjah's growing reputation on the global stage as a secure and profitable place to invest in property.
The boom in Sharjah's property market is underpinned by several key strengths:
This combination of factors has created a dynamic and resilient market, proven by the strong confidence shown by local UAE investors.