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…

The company that owns the Anantara hotel brand, Minor Hotels, has revealed plans to build a new resort and branded housing complex in Sharjah. Arada is developing the Anantara Sharjah Resort and Anantara Sharjah Residences, slated to open in late 2027. The new complex will have 128 opulent one- to four-bedroom residential units for sale in addition to 110 guest rooms and suites. It will be situated along Sharjah’s Al Heerah Beach, only a 30-minute from Dubai Airport. An infinity pool, Anantara spa, a cutting-edge fitness center, and five restaurants offering a range of culinary specialties are among the amenities. There will also be spaces for events and meetings. “Anantara is one of the most distinguished luxury hotel brands in the world and it is a privilege to bring…

Sharjah Asset Management, the investment arm of the Sharjah government, participated in the 2024 Arabian Travel Market under the Sharjah government pavilion. The company showcased its major projects in the tourism and hospitality sector, in addition to exploring new cooperation opportunities with leading international entities and companies in various sectors of tourism, travel, and hospitality.   During its participation in the press conference held by the www.sharjahtourism.aeSharjah Tourism and Commerce Development Authority on the sidelines of the exhibition, Sharjah Asset Management highlighted the most significant investment projects under its umbrella, along with its geographical expansions, investments, and various projects worldwide that contribute to supporting and…

SHARJAH: Arada and Minor Hotels have officially launched off-plan sales for Anantara Sharjah Residences, a new destination for luxury seaside living. Each of the 128 branded residences is housed within the grounds of the Anantara Sharjah Resort, a five-star hotel complex that is set to represent the ultimate in high-end beachfront hospitality.     Owned and developed by Arada and operated by Minor Hotels, the Anantara Sharjah Residences and Anantara Sharjah Resort will feature striking architecture including a signature gateway that is designed to show the path of the sun. The complex is located on the north-eastern edge of Al Heerah Beach, a popular tourist destination in its own right with 3.5 kilometres of beachfront containing jogging and cycling tracks and a wide variety…

The leading real estate developer in the Sharjah emirate, Alef Group, has announced that 819 residential units at Al Mamsha, Souks’s zone, have been turned over to clients. Issa Ataya, CEO of Alef Group, said, “This milestone marks a significant moment in the growth of the community, and it’s truly a testament to the remarkable development of Al Mamsha and Sharjah. Customers and residents benefit from our unwavering commitment to exceptional quality.” He added, “Al Mamsha holds a special significance in Muwaileh, serving as a vibrant hub for residents and businesses alike. Its unique footprint in the area has not only transformed the landscape but also enriched the community with its diverse offerings.” A variety of one-, two-, and three-bedroom…

Alef Group, the leading real estate development company in the emirate of Sharjah, has announced the handover of 819 residential units to customers at Al Mamsha, Souks’s zone. Issa Ataya, CEO of Alef Group, said, “This milestone marks a significant moment in the growth of the community, and it's truly a testament to the remarkable development of Al Mamsha and Sharjah. Customers and residents benefit from our unwavering commitment to exceptional quality.” He added, “Al Mamsha holds a special significance in Muwaileh, serving as a vibrant hub for residents and businesses alike. Its unique footprint in the area has not only transformed the landscape but also enriched the community with its diverse offerings.” The Al Mamsha Souks project features a mix of…

The Emirate of Sharjah logged 2,606 real estate transactions worth AED3.1 billion during March 2024, across 8.1 million square feet, according to a report issued by Sharjah Real Estate Registration Department. The report showed that the total number of transactions included 837 sales transactions, accounting for 32.1 percent of the total, 333 mortgage transactions worth AED1.1 million, accounting for 12.8 percent, while the rest of the other transactions amounted to 1,436, representing 55.1 percent of the total number of transactions. The sales transactions took place in 97 areas distributed across various cities and regions of Sharjah, including 350 vacant lands, 240 sub-divided towers, and 247 of built-in land. These properties included residential, commercial, industrial, and…