Real estate transactions in Sharjah records AED6.3 billion in Q1 2022

Real estate transactions in Sharjah records AED6.3 billion in Q1 2022

WAM: The total real estate transactions executed in the Emirate of Sharjah reached 21,615 during the first quarter of 2022, with a total value of cash circulation amounting to AED6.3 billion, the Sharjah Real Estate Registration Department (SRERD) revealed in its quarterly performance report for the real estate sector.

Abdul Aziz Ahmed Al Shamsi, the Director-General of SRERD, said, “The first three months of this year witnessed a remarkable growth in the performance of the real estate sector in the emirate in terms of monetary value, number of real estate transactions, and the total number of real estate transactions carried out by the various branches across Sharjah.”