SHARJAH, 18th July, 2023 (WAM) The real estate sector in Sharjah achieved a trading value of AED13.4 billion during the first half of 2023, with an increase of 19.2 percent compared to the same period last year.
According to the semi-annual report issued by the Sharjah Real Estate Registration Department on the real estate in the emirate, there were 40,843 transactions in the first half of 2023, and the value of real estate mortgages amounted to AED4.1 billion.
Abdulaziz Ahmed Al-Shamsi, Director-General of Sharjah.
AED13 4 billion value of real estate transactions in Sharjah in H1 2023 bignewsnetwork.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bignewsnetwork.com Daily Mail and Mail on Sunday newspapers.
Earlier, guideline values for new layouts were fixed by district registrars and promoters could approach the deputy inspector of registration if they were aggrieved with the district registrars decision. The present order also paves way for formation of an appellate committee.