Sharjah property sector zooms, realty deals hit Dhs15.9 billion

  • Date: 08-Feb-2021
  • Source: Gulf Today
  • Sector:Real Estate
  • Country:UAE
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Sharjah property sector zooms, realty deals hit Dhs15.9 billion

The real estate sector in the Emirate of Sharjah has recorded a 5.1% growth in the total real estate transactions concluded over the year 2020, as compared to 2019. Figures show that a vast amount of 64,459 real estate transactions, worth Dhs 15.9 billion, were sealed last year, 2020.

Abdul Aziz Ahmed Al Shamsi, Director General of the Sharjah Real Estate Registration Department, stated that the real estate sector in the Emirate of Sharjah has seen quantum leaps due to the incessant support of His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, May Allah protect him, and the follow-up of  Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, Chairman of the Executive Council of Sharjah.