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…

        The value of real estate trade in the Emirate of Sharjah increased during the first half of 2024 by 35.6 percent, compared to the same period in 2023, with over AED18.2 billion. This is mainly due to the increase in sales transactions, recording 10,809 transactions compared to 6,592 recorded during the same period last year.   According to the semi-annual report on the real estate sector issued by Sharjah Real Estate Registration Department, the real estate trade in H1 this year is the highest compared to similar periods since 2012 due to the leaps of development that the emirate has witnessed in recent years attracting the interest of investors and buyers and enhancing their confidence in the emirate’s property market, in addition to the…

The Sharjah Investment and Development Authority (Shurooq) has announced the soft opening of the first phase of the "Najd Al Meqsar" project. Managed by the Sharjah Collection, this project stands as a premier luxury hospitality and heritage tourism destination in Khorfakkan, located in the eastern region of the Emirate of Sharjah.   Phase 1 of the project boasts features that promise an immersive and enriching experience for local guests and international visitors. Accommodations include 7 meticulously restored units within a house that is over 100 years old, each offering breathtaking mountain views. Situated on 17,210 m² offering a glimpse into the past alongside facilities and attractions, including a restaurant, reception area, and a trail to the iconic 300-year-old Al…

According to the “Real Estate Transactions Movement” report issued by Sharjah Real Estate Registration Department, the trading volume of real estate transactions in the emirate reached AED 4 billion during May 2024. It is a noticeable increase compared to the previous month (April), which recorded a trading volume of AED 1.7 billion, and this shows the constant monthly growth in this sector in Sharjah. The report also presented the total real estate transactions, which reached 9,454, with sales transactions covering 13.3 million square feet during the same period.   A perfect real estate environment Over the past years, the real estate market in Sharjah has witnessed a remarkable development and a continuous prosperity, making it at the heart of the real estate map in…

Alef Group, a leading real estate development company in the emirate of Sharjah, has announced the upcoming handover of villas in the Arim neighborhood within Hayyan development by the end of 2026.   This significant milestone was revealed during the Acres Real Estate Exhibition Dubai 2024 held at the World Trade Center, where Alef Group showcased its commitment to delivering exceptional living spaces.   Commenting on this milestone, Issa Ataya, CEO of Alef Group, said: “The upcoming handover of villas in the Arim neighborhood represents a momentous achievement for Alef Group. We are dedicated to exceeding the expectations of our homeowners by providing them with unparalleled quality and comfort. This milestone underscores our commitment to delivering exceptional…

Alef Group, a leading real estate development company in the emirate of Sharjah, announced the successful launch of Nama 2, second building from the last cluster, Nama, in its exemplary locality, Al Mamsha Raseel Sharjah (Zone 3) at ACRES Real estate exhibition Dubai 2024.   The announcement follows the massive success of sales of Nama 1 and Nama 3 and great demand from the general public and investors.   The Nama cluster consists of 1,029 units spread across 6 buildings, with Nama 2 featuring 174 thoughtfully crafted 1 to 3-bedroom apartments. These residences offer expansive interiors with lofty ceilings, stylish floor tiles, and expansive windows that flood the space with natural light and offer breathtaking park vistas.   Issa Ataya, Alef Group CEO comments:…

SHARJAH: Value of real estate transactions in various regions and cities of Sharjah has reached AED1.7 billion during April 2024, with a total 1,632 transactions across 6.5 million square feet of total sales transaction area, according to the Real Estate Transactions Report issued by Sharjah Real Estate Registration Department     The report data reflect and prove the growing confidence in Sharjah real estate, the attractiveness of its investment environment, and the continuous development. The emirate has proven itself to be one of the most attractive global destinations for investors.   In detail, the statistical report shows that the total number of transactions during April reached 1,632, with 579 in sales transactions, representing 35.5% of the total number of…