INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

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.