Sharjah real estate transactions reached $6.6bln in 2019 | ZAWYA MENA Edition:
Real estate transactions valued AED24.2 billion in the Emirate of Sharjah in 2019 increasing by 7.3 percent in comparison to 2018, a report released by the emirate's real estate department revealed on Sunday.
According to the Sharjah Real Estate Registration Department, SRERD, annual report, 61,357 transactions were recorded in 2019, increasing by 13.4 percent in comparison to 2018. Abdulaziz Ahmed Al Shamsi, SRERD Director-General, stated that the real estate sector in the Emirate keeps developing due to the directives of H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, and follow-up of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of Sharjah Executive Council. The Sharjah real estate market provides a wide variety of investment opportunities for investors along with financing facilities offered by the banks.
The prices of the properties has become affordable for all investors in the market.
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