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Roaya

1720 REAL ESTATE DEAL IN SHARJAH IN THE FIRST HALF OF 2018

25 Dec 2017

In the first half of this year, the Emirate of Sharjah achieved AED 9.5 billion worth of real estate transactions, including 109 areas within the emirate, following the implementation of about 1,720 real estate transactions, according to the Real Estate Registration Department. 
The number of mortgage transactions reached 28,700 transactions in the first half, worth 5.3 billion dirham, while the value of sales transactions reached 3.7 billion dirhams in the same period. List of areas of the emirate in terms of high level of real estate trading.
"The real estate situation in Sharjah can be described as stable due to several factors, the most important of which are investors' confidence in the real estate sector in the emirate because of its robustness, especially after the announcement of a wide range of new real estate projects recently," he said. Registration of the right of ownership of Arab nationalities positively in the movement of real estate investment. 
The department has also established new branches in the central and eastern regions, and plans to launch training courses in the field of real estate and the real estate diploma in cooperation with the University of Sharjah.
Al-Taniji said that the real estate professional diploma is implemented with 135 hours of training for each batch, focusing on the legal environment regulating the real estate market and disputes and how to manage the real estate through studying the real estate economy and analyzing the markets and methods of investment and real estate development. 
He added that the diploma comes within the objectives of the strategic plan of the real estate registration department in the dissemination of real estate awareness, which is one of the group of programs and initiatives of the Department to bring them to cope with the rapid growth and rising market