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Sharjah’s Residential Market Sees Explosive Growth as Prices Stabilize

Tue, Aug 4, 2026(45d ago)Real Estate

Sharjah’s real estate market experienced a remarkable surge during the first half of 2026, with residential property transactions more than doubling to reach 13,081 compared to the previous year’s figures. While the second quarter saw a seasonal dip in volume following a record-breaking start to the year, demand remains robust. Notably, mortgage activity continues to climb, jumping 51 percent quarter-on-quarter, which signals that investors and homebuyers are maintaining a strong appetite for financing despite the slight cooling in transaction pace.

On the pricing front, buyers are finding more breathing room as the market sees an influx of new supply. Average apartment prices dipped to approximately Dh1,010 per square foot, a decline attributed to a broader range of options hitting the market in popular waterfront and mixed-use areas. Similarly, villa prices saw a marginal correction, though they remain higher than last year’s levels, bolstered by the sustained popularity of master-planned communities. With the emirate’s property pipeline becoming more diversified, official data confirms a healthy, expanding market that continues to attract a diverse global investor base.

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