INSEAD Day 4 - 728x90

DIB H1 net profit $1bn

Gross revenue increased 10% year on year

SIB H1 profit up 15.3%

Total operating income rises 20.5 percent.

flydubai Aleppo flights resumed

The flights were resumed after nearly 14 years.

Samsung biggest chip investor

The tech giant invested nearly $59.2bn in 2025.

flynas to set up new hub

Five destinations in first phase of operations.

Sharjah real estate transactions rise 9.3 percent to AED29.5 billion in H1

  • The Sharjah Real Estate Registration Department said it completed 59,460 transactions during the six-month period, up 23.7 percent from a year earlier.
  • Sales transactions totalled 16,426 across 202 areas, covering 85 million square feet, a 4.7 percent increase from the first half of 2025.

Dubai, UAE — Sharjah’s real estate transactions rose 9.3 percent year on year to about AED29.5 billion ($8.03 billion) in the first half of 2026, as the emirate recorded stronger trading activity and attracted investors from 121 nationalities.

The Sharjah Real Estate Registration Department said it completed 59,460 transactions during the six-month period, up 23.7 percent from a year earlier.

Sales transactions totalled 16,426 across 202 areas, covering 85 million square feet, a 4.7 percent increase from the first half of 2025. Muwaileh Commercial recorded the highest number of transactions at 2,385, worth AED2.8 billion, followed by Al-Belaida with 2,171 transactions valued at AED1.4 billion and Al-Khan with 1,077 transactions worth about AED1.3 billion.

Residential properties accounted for 82.2 percent of sales transactions, followed by industrial properties at 12 percent and commercial properties at 5.7 percent.

Mortgage transactions reached 2,590 with a total value of AED7.6 billion.

The department registered 11 new real estate projects during the period, including residential, commercial and mixed-use developments, while six additional projects were approved under Sharjah’s property ownership framework for non-UAE and GCC nationals, taking the total to 50 since the scheme was introduced.

UAE nationals invested about AED14.9 billion across 22,599 properties, while investments by other nationalities reached about AED8.2 billion across 4,264 properties. Indian investors ranked second by number of properties traded after Emiratis.