SHARJAH: The real estate market in Sharjah witnessed the highest monthly real estate transaction volume during October, continuing its strong growth in 2024. According to a report on the “Real Estate Transactions” issued by Sharjah Real Estate Registration Department, the October 2024 real estate market reached AED 4.4 billion across 4,883 transactions, with a total of 14 million square feet. In detail, the report's statistics revealed that the total number of transactions reached 4,883, with sales transactions accounting for 1,415, representing 29 percent of the total number of transactions. As for mortgage transactions, they reached 443, representing 9.1 percent of the total transactions, with a value of AED 1.3 billion. Lastly, the number of other transactions reached…

On October 7, Sharjah’s Department of Housing (DOH) will commemorate World Habitat Day by showcasing H.H. Sheikh Dr. Sultan bin Muhammed Al Qasimi, the Sultan of Sharjah and a member of the Supreme Council, and his goal of improving housing stability for Emirati families.   Through creative housing services, DOH has committed itself to ensuring that citizens have a decent place to live since its founding in 2010.   The department has provided 6,959 grants and 6,551 loans totaling more than AED 13.5 billion to 13,510 beneficiaries over the last 13 years. This program is in line with the Ruler’s orders to expedite housing assistance and enhance Emiratis’ quality of life.   In the emirate, the department is also pushing forward with residential complex…

H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of Sharjah Executive Council, highlighted the significance of digital projects and the need to enhance service levels through efficient, high-quality platforms that ensure ease of use and quick access to proactive and real-time services. These initiatives aim to improve the customer experience and provide a secure digital environment that keeps pace with rapid technological and AI advancements. He made this statement during a review of updates on the Integrated Real Estate Services Platform project, attended by H.H. Sheikh Abdullah bin Salem bin Sultan Al Qasimi, Deputy Ruler of Sharjah, and H.H. Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah, at the Ruler's…

H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has issued Law No. (5) of 2024 on Property Leasing in the Emirate of Sharjah.   H.H. the Ruler also issued Law No. (6) of 2024 on the establishment and organisation of the Rental Disputes Centre (RDC) in the Emirate of Sharjah.  

Sharjah-based Alef Group has announced the launch of Samr 1 neighbourhood, a new zone within the Hayyan development project, which follows the remarkable sale of 90% of the units in the Arim and Alma neighbourhoods, a report said.   Issa Ataya, CEO of Alef Group, said: "The successful launch of our newest neighbourhood, Samr 1, within the Hayyan residential project, comes in response to the growing demand for this development, Emirates News Agency, WAM, said.   “Hayyan project "represents a leading model of Alef Group's efforts to strengthen Sharjah's investment sector by providing high-quality real estate that meets global standards.   “It caters to the diverse aspirations of homebuyers, business owners, and investors across all sectors, with a focus on…

SHARJAH – Sharjah-based Alef Group has announced the launch of Samr 1 neighbourhood, a new zone within the Hayyan development project. The announcement of the new project follows the remarkable sale of 90 percent of the units in the Arim and Alma neighbourhoods. Issa Ataya, CEO of Alef Group, said: "The successful launch of our newest neighbourhood, Samr 1, within the Hayyan residential project, comes in response to the growing demand for this development. This reflects Alef Group's commitment to enhancing pioneering community experiences through the delivery of modern and unique residential and commercial facilities." He added that the Hayyan project "represents a leading model of Alef Group's efforts to strengthen Sharjah's investment sector by providing high-quality real…

The Sharjah Real Estate Registration Department (SRERD) has signed a memorandum of cooperation with the Municipal Council of Kalba and Al-Dhaid cities.   As part of the digital transformation strategy in Sharjah, the electronic services will allow inquiries about real estate data, with the aim of facilitating procedures for real estate clients in both cities.   The memorandum was signed by Abdul Aziz Ahmed Al Shamsi, Director-General of Sharjah Real Estate Registration Department; Dr. Obaid Al-Zaabi, Chairman of the Municipal Council of Kalba, and Dr. Mohammed bin Huwaiden Al-Ketbi, Chairman of Al Dhaid Municipal Council, in the presence of Abdul Aziz Rashid Al-Saleh, Director of Sharjah Real Estate Registration Department, in addition to a number of officials. This…

    FAM Holding Group, the leading UAE-based real estate developer, has revealed the completion of the “Art Tower” project overlooking Al Nahda Street, opposite Sahara Mall on the border line between Sharjah and Dubai. The “Art Tower” consists of 18 residential floors, and includes 160 residential apartments with various designs and different spaces that suit all needs and requirements. The tower is distinguished by its location, and surrounded by many vital centers such as major shopping malls and daily service outlets, which adds to an integrated lifestyle. The units of the "Art Tower" project vary between Studios, one bedroom, two-Room apartments, all designed with spaces that provide the highest levels of comfort and luxury. "FAM Holding”…

The Sharjah Real Estate Registration Department has issued its report on real estate trading for August 2024. According to the report, real estate transactions across the emirate amounted to AED2.8 billion, with 3,055 transactions covering seven million square feet of land. The results confirm that Sharjah's real estate environment continues to grow with strong momentum, making it a safe and fruitful haven for capital owners and elite investors. These investors seek optimal real estate products that yield profitable returns in both the short and long term. In detail, the statistics show that a total of 3,055 transactions were carried out during the period. Sales transactions accounted for 1,054, representing 34.5 percent of the total, while mortgage transactions reached 342,…

Alef Group, the leading real estate development company in Sharjah, has announced the completion of the master infrastructure for the Hayyan development.   The project includes the Arim and Alma neighbourhoods which are progressing ahead of schedule, showcasing Alef Group's commitment to delivering exceptional residential projects.   Issa Ataya, CEO of Alef Group said: "The completion of the master infrastructure at Hayyan and the ahead-of-schedule progress in the Arim and Alma neighbourhoods reflect our unwavering commitment to creating exceptional living environments. We are dedicated to providing high-quality, sustainable residential options that enrich the lives of our residents."   Arim Neighbourhood   Arim neighbourhood consists of 848 units and provides…

The real estate market in Sharjah continues its growth, achieving a trading value of AED3.9 billion ($1.1 billion) in prime areas of the emirate during July 2024, according to the "Real Estate Market Performance Report" issued by Sharjah Real Estate Registration Department.       The total number of transactions reached 4,146, while the total area traded in sales transactions reached 13.8 million sq ft during the same period.   These results confirm the attractiveness of the real estate market in Sharjah, and its growing ability to attract local, Arab, and foreign investors alike. It presents multiple investment options, strong infrastructure, and a fair regulatory legislation which all together provide strong opportunities for…

Alef Group, the leading real estate development company in Sharjah, has announced that its Al Mamsha Souks (Zone 1) project will soon be completed, with 3,052 units, 80%, now handed over to residents.   Strategically located in the heart of new Sharjah, Al Mamsha Souks comprises a diverse range of housing units, including studio, one-, two-, and three-bedroom apartments, and duplexes. This project represents Sharjah's first fully walkable community, blending modern living with traditional charm.   Issa Ataya, CEO of Alef Group said: “This milestone marks a significant moment in the growth of the Al Mamsha community and Sharjah. Our commitment to exceptional quality is evident in every aspect of this project, from the thoughtfully designed residences to the lush green…