Sharjah Property Sales Soar to Dh29.5B, Muwaileh Commercial Tops Deals
Gulf News
Sharjah's property market surged to Dh29.5 billion in H1 2026 with 59,460 transactions, led by Muwaileh Commercial's Dh2.8 billion in sales.
Sharjah’s Real Estate Market Sees Robust Growth in H1 2026
Sharjah's property sector attracted investors from 121 countries during the first half of 2026, with total transaction values climbing by 9.3% to hit Dh29.5 billion. The emirate recorded 59,460 real estate transactions from January to June, marking a substantial 23.7% increase compared to the same period in 2025, as reported by the Sharjah Real Estate Registration Department.
Residential Properties Dominate Market Activity
Residential real estate remained the most traded segment with 13,501 transactions, representing 82.2% of all property sales throughout the six months. In total, Sharjah registered 16,426 sales transactions including property sales, usufruct sales, and initial sale contracts. This was a 4.7% rise from the 15,686 transactions during H1 2025. The properties sold covered an expansive 85 million square feet within 202 areas of the emirate.
Industrial and Commercial Property Sales
Industrial properties accounted for 1,969 transactions, making up 12% of the total market activity. Commercial properties followed with 937 transactions and a 5.7% share of the market. Agricultural land sales remained minimal, with only 19 recorded transactions.
Key Areas Leading Sales: Muwaileh Commercial Shines
Muwaileh Commercial led the emirate’s property sales with 2,385 transactions valued at Dh2.8 billion, making it the most active sales hub in Sharjah. Al Belaida ranked second, registering 2,171 deals worth Dh1.4 billion. Al Khan followed with 1,077 transactions totaling approximately Dh1.3 billion.
Mortgage Activity and Investor Nationalities
Mortgage transactions surged, reaching Dh7.6 billion across 2,590 deals during the first half of 2026. UAE nationals were the principal investors, purchasing 22,599 properties with a combined value near Dh14.9 billion. Indian investors came in second by number of properties acquired, buying 1,657 units, followed by Syrians (1,163), Jordanians (670), Iraqis (668), and Egyptians (662).
Investments by other GCC nationals amounted to Dh1.36 billion through 924 properties. Arab investors purchased 4,449 properties valued at about Dh5 billion, while other nationalities acquired 4,264 properties worth Dh8.2 billion.
New Projects and Ownership Expansion
Sharjah approved 11 new real estate projects in H1 2026 across areas like Um Fanain, Muwaileh Commercial, Al Raqeeba, Hay Al Hoshe, and Al Sajaa Industrial. These include a mix of residential communities, towers, and mixed-use developments spanning residential, commercial, and industrial sectors.
Since the updated ownership framework launched in 2022, Sharjah has now sanctioned 50 projects for ownership by non-UAE and non-GCC nationals. In the first half of this year, six additional projects received approval, broadening opportunities for international investors to own property in the emirate.
What This Means for Real Estate Agents
Sharjah’s dynamic real estate market growth and expanding international ownership options present strong opportunities for agents. With Muwaileh Commercial leading the sales and new projects opening across diverse zones, agents can capitalize on growing demand from both local and global investors. Staying informed about emerging developments and buyer demographics will be key to maximizing sales in this evolving market.
Based on reporting from Gulf News. Summary and analysis by Propilot AI.
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