AED 549.4 M. volume of real estate transactions in C.R in 2023 Q1

The annual report on the movement of real estate transactions in the regions of Sharjah, which was recently issued by Sharjah Real Estate Registration Department, revealed a great development in this sector outside the city of Sharjah. This thriving movement was evident as the volume of cash transactions in the Central and Eastern regions amounted to AED 549.4 million, and it was carried out through the department’s four branches in the Central region, and the cities of Khorfakkan Dibba Al-Hisn, and Kalba. Moreover, the total real estate transactions in the department’s branches reached 14,195 transactions, or 34.8% of the total transactions executed in the emirate during the first half of this year. While the total area traded in sales transactions amounted to 15.1 million square feet during the same period.