Sharjah realty transaction value dips 11% to Dh3.1 billion in May
Sharjah’s property market recorded 7,119 transactions worth Dh3.1 billion during May 2026, a nearly 55 percent decrease in volume and over 11 percent drop in value from April 2026. As per report by the Sharjah Real Estate Registration Department, the total traded area in sales transactions reached approximately 9.5 million square feet.
Sharjah’s property market recorded 7,119 transactions worth Dh3.1 billion during May 2026, a nearly 55 percent decrease in volume and over 11 percent drop in value from April 2026. As per report by the Sharjah Real Estate Registration Department, the total traded area in sales transactions reached approximately 9.5 million square feet.
Ownership certificate transactions reached 2,902 transactions, representing 40.8 percent of the total transactions. These were followed by ownership deed transactions with 2,776 transactions (39 percent). Mortgage transactions accounted for 10.1 percent of the total with 718 transactions valued at Dh934.7 million. Initial sales contract transactions reached 513 transactions (7.2 percent), while valuation transactions totaled 210, accounting for 2.9 percent of the overall transactions.
The total number of sales transactions in Sharjah reached 1,851. They were carried out across 115 areas distributed throughout the cities and regions of Sharjah, covering residential, commercial, and industrial properties. In terms of property type, a total of 913 land transactions were recorded, while 683 transactions involved subdivided units and 255 transactions involved developed lands.
The highest real estate transaction recorded in Sharjah during May was a land worth Dh92 million in Al Sajaa Industrial. Al Mamzar saw the highest mortgage transaction - a land valued at Dh80 million.
Sales transactions in Sharjah City reached 1,315 transactions. Muwaileh Commercial ranked first with 328 transactions, followed by Al Khan with 218 transactions, Rodhat Al Sidr with 158 transactions, and Mezairah with 59 transactions.
In terms of trading value, Muwaileh Commercial led with Dh276.6 million, followed by Al Sajaa Industrial with Dh190.1 million, Al Menhaz with Dh150 million, and Tilal with Dh145.3 million.
As many as 440 sales transactions were carried out in the Central Region. Al Belaida recorded 133 transactions – the maximum in the region, while Industrial Area 4 recorded the highest trading value at Dh77.8 million.
In the Eastern Region encompassing Kalba, Khor Fakkan, and Dibba Al Hisn, a total of 96 sales transactions were recorded. Al Mudeifi topped with 29 transactions and also recorded the highest trading value at Dh31.6 million.
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