Property transactions increased in Sharjah

istock/Natee Meepian

Real estate transactions reached AED24.2 billion last year in Sharjah.

That's according to the annual report by the Sharjah Real Estate Registration Department (SRERD), which revealed that this is a 7.3 per cent increase in comparison to 2018. 

More than 61,300 transactions were recorded in 2019, increasing by 13.4 percent in comparison to the year before.

Statistics also show that most of the city's real estate took place in Muwaileh Commercial, Al Khan, Al Nahda and Hoshi areas.

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