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Sharjah records 20,000 new home sales this year
Demand for residential housing in Sharjah remained strong in the first nine months of 2026, with official data showing almost 20,000 dwellings sold.
Residential property transactions accounted for almost 81 percent of the total real estate deals closed between January and September, the UAE state-run Wam news agency reported, citing data from the Sharjah Real Estate Registration Department.
Transactions for industrial properties reached 14 percent, followed by commercial properties (5 percent), and agricultural properties (0.1 percent).
Sharjah spans 2,590 square kilometres and has a population of 1.8 million, making it the third-biggest of the seven emirates that form the UAE.
The total number of transactions grew 14 percent year on year to more than 91,500 in the first nine months of 2026, while value of these deals increased 7 percent annually to AED47 billion ($13 billion).
Sharjah registered 22 new real estate projects across the residential, industrial and commercial sectors during the period, the report said.
Further reading:
- Real estate deals in Sharjah up 58% to $12bn
- Sharjah real estate demand rises on population growth
- Local buyers helping Sharjah property resilience
The Sharjah government announced plans in August to level a mountain top in Khor Fakkan to build a new residential development.
Developer Arada, co-owned by a member of the Sharjah royal family, has already launched Aljada and Masaar developments.
The Sharjah ruler approved a 2026 budget of AED45 billion in December to support economic growth and fund strategic initiatives and projects.
Source: AGBI