Sharjah posts Dh3.5B real estate deals in February
Staff Report/Staff Report Filed on March 17, 2021
The number of Land Sales Transactions in Sharjah amounted to 170, while the number of Built-in Land Sales Transactions reached 140. File photo
The number of sales transactions in the emirate amounted to 457, which accounted for 25.1 per cent of the total number of deals
Sharjah Real Estate Registration Department on Wednesday announced that it recorded 1,818 property transaction worth Dh3.5 billion in February.
Abdul Aziz Ahmed Al Shamsi, director-general of the Sharjah Real Estate Registration Department, explained that the number of sales transactions in the emirate amounted to 457, which accounted for 25.1 per cent of the total number of deals, while the number of mortgage transactions reached 244, which represented 13.4 per cent of the total number of deals. The remaining 61.5 per cent was for other transactions which reached 1,117.