This marked growth, as reported by the Sharjah Real Estate Registration Department, significantly outpaced the activity in September, which saw AED 2 billion ($544.5 million) through 2,519 transactions.
This surge reflects strong investor confidence in Sharjah's real estate market and its capacity to attract and amplify investments. The transactions included a mix of sales, mortgages, and other dealings across residential, commercial, industrial, and agricultural properties.
The leading areas in terms of sales transactions were Muwailih Commercial, Al-Khan, Al-Mazairah, and Tilal. Muwailih Commercial also led in monetary trading volume, indicating its prominence in Sharjah's real estate market.
This growth trend highlights the emirate's appeal as a dynamic real estate market in the region, offering diverse investment opportunities and financing facilities.