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Sharjah s property sector zooms as realty deals hit Dhs6 7 billion in Q1

Sharjah’s property sector zooms as realty deals hit Dhs6.7 billion in Q1 4 hours ago , Gulf Today Sharjah’s real estate sector saw a volume of transactions valued at Dhs6.7 billion during the first quarter of 2021, with a growth rate of 84.9 per cent, compared to the first quarter of 2020, according to a report issued by the Real Estate Registration Department. The total number of transactions executed in the past three months reached 20,448 transactions, with an increase of 10.3 per cent, compared to the same period last year. In addition, the total traded area in the emirate reached 60.3 million square feet. In this context, Abdulaziz Ahmed Al-Shamsi, Director General of the Real Estate Registration Department in Sharjah, stated that the outcome of the real estate transactions in the emirate during the first quarter of 2021 is evidence of the sector’s gradual recovery. In addition, investors’ confidence was restored through the benefits of the set of incen

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