Sharjah Real Estate Transactions Surge 48.1%
The number of transactions carried out by the Sharjah Real Estate Registration Department reached 48,059, representing a 3.3% increase compared to 46,524 transactions during the same period last year.
In a statement, Abdulaziz Ahmed Al-Shamsi, Director-General of the department, said that growing interest from foreign investors highlights Sharjah's strong global appeal, with investments coming from 109 nationalities.
By number of properties traded, Emirati investors led with 14,307 properties, followed by investors from India (1,525), Syria (969), Egypt (685), Jordan (678), and Iraq (576).
By property type, residential transactions dominated with 11,459 transactions, which represented 74.6% of the total, followed by industrial properties with 3,195 transactions (20.8%), commercial properties with 603 transactions (4%), and agricultural properties with 95 transactions (0.6%).
Read more:
Brazil, UAE advance in export credit
Translated by Guilherme Miranda
©Philippe Turpin/Photononstop/AFPThe post Sharjah real estate transactions surge 48.1% appeared first on ANBA News Agency .
Legal Disclaimer:
MENAFN provides the
information “as is” without warranty of any kind. We do not accept
any responsibility or liability for the accuracy, content, images,
videos, licenses, completeness, legality, or reliability of the information
contained in this article. If you have any complaints or copyright
issues related to this article, kindly contact the provider above.

Comments
No comment