Why More Property Buyers Are Choosing Sharjah For Second Homes

More and more GCC nationals are buying properties in Sharjah as their second homes, as the emirate's real estate market offers a steadier and more stable capital appreciation compared to its peers, industry executives said.

This was reflected in the latest figures released by the Sharjah Real Estate Registration Department, which revealed that GCC nationals invested Dh3.4 billion across 2,055 properties last year, emerging among the top investors.

Lamia Al Jewaied, head of studies and research bureau at Sharjah Real Estate Registration Department, said there is an influx of tourists and GCC nationals, who are starting to look at Sharjah as their second home.

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“They want second homes in Sharjah because it's more affordable. Demand is coming from GCC nationals who want a second home here because it is affordable in a place like Al Mamsha. This was one of the main reasons that GCC nationals were the second largest investors last year,” she told Khaleej Times in an interview on the sidelines of Acres 2026, which concluded at Expo Centre last week.

As reported by Khaleej Times earlier, the emirate's property market has been witnessing a steady increase in price appreciation, rising around 10-12 per cent last year and it is expected to achieve around same growth rate this year as well.

Yousif Ahmed Al Mutawa, chief real estate officer, Sharjah Investment and Development Authority (Shurooq), also affirmed that Sharjah is attracting a lot of investors all over the GCC.

“GCC nationals have been big investors here since those days,” he said.

Noreen Nasralla, senior vice president for marketing strategy and branding at Alef Group, said the Sharjah government stresses the stability of the real estate market and infrastructure continuity.

“There are more end users now, unlike previous years, when there were a lot of investors who were more interested in flipping. But there is more stability in the market now as there are more serious investors now,” she said on the sidelines of the exhibition.

Raymond Khouzami, vice chairman of Al Thuriah Group, said Sharjah is a family-focused emirate; therefore, most of their buyers are end-users rather than investors.

As demand continues to grow, Sharjah's market is also witnessing increased supply of new projects, especially in waterfront properties after the introduction of a recent law permitting all nationalities to buy properties in the emirate's freehold communities.

Abdullah Al Zarouni, the director of the Real Estate Transactions unit at the Sharjah Real Estate Registration Department, stated that the emirate registered more than 10 new projects on its waterfronts during 2024 and 2025.

He noted that competitive pricing, clear regulations, and the continued support of the Sharjah government have contributed to increased local and foreign demand for property ownership, particularly for projects overlooking the waterfronts, which remain among the most stable real estate assets.

George Raymond Khouzami, CEO of Al Thuriah Real Estate Group, emphasised that the development of vertical towers on waterfronts aims to maximise views while maintaining open spaces for pedestrians and public life, highlighting that waterfronts are a rare resource that requires high-quality development.

Khouzami added that seaside properties enjoy high investment value due to limited supply, retaining their worth while delivering better rental returns and higher liquidity upon resale.

Farid Jamal, chief commercial officer at Ajmal Makaan, explained that coastal tourism is a primary driver for waterfront development, given its role in increasing the economic and real estate value of coastal areas.

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