Sharjah real estate to clock in strong 2019

Sharjah's real estate sector this year will continue to enjoy the steady growth and momentum that it recorded in 2018, driven by a growing interest from investors across the world in its mixed-use developments and attractive payment plans. Real estate developers spoke about how the spillover effect from Dubai's real estate market, combined with recent laws that allow for foreign ownership, have all created a market in Sharjah that is looking increasingly attractive for both end-users and investors. The value of real estate deals in the emirate totalled Dh22.5 billion last year; and according to the Sharjah Real Estate Registration Directorate, investors from 48 nationalities worldwide were involved in the transactions. GCC nationals topped the list with investments worth over Dh20 billion.