Sharjah realty transactions reach AED3.6 billion in Q1

  • Date: 15-Apr-2020
  • Source: Emirates Business
  • Sector:Real Estate
  • Country:UAE
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Sharjah realty transactions reach AED3.6 billion in Q1

The emirate of Sharjah has recorded up to 18,537 real estate transactions totalling AED3.6 billion in the first quarter of 2020, revealed a report by the Sharjah Real Estate Registration Department (SRERD).. The said transactions were recorded in 129 areas in the emirate covering 8.9 million square feet, according to Abdul Aziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Department.. Up to 729 sales transactions were registered across the Emirate in the first quarter of the year.. Residential properties ranked first in the sales transactions in the first quarter of the year with 507 transactions, that constituted 69.5 percent of the total transactions..