The outcomes underline rising native and worldwide demand for Sharjah property and reinforce the emirate’s increasing function within the UAE’s non-oil financial system.
Throughout Maryam Island, Sharjah Sustainable Metropolis and Ajwan in Khorfakkan, a mixed 4,358 of 4,520 residential items have been offered, reflecting sustained investor confidence and urge for food for strategically situated, high-quality developments.
Sharjah actual property progress
The efficiency additional cements Sharjah Funding and Improvement Authority’s place as a serious contributor to the UAE’s non-oil GDP, with the actual property sector accounting for 7.6 per cent of the nationwide non-oil financial system.
Between 2018 and 2024, Shurooq recorded a compound annual progress price of 48.9 per cent in actual property gross sales, considerably outperforming wider market averages.
This progress has been pushed by constant supply, strategic web site choice and powerful investor confidence.
In keeping with CBRE’s UAE Actual Property Market Overview for Q2 2025, residential property costs throughout the UAE rose 12.8 per cent year-on-year.
Sharjah recorded AED27.1bn ($7.38bn) in actual property transactions throughout 2024, marking a 14 per cent enhance in contrast with the earlier 12 months.
Globally, JLL forecasts an 8 per cent rise in actual property funding volumes in 2025, supported by city inhabitants progress and sustained demand for sustainable, mixed-use communities.
Shurooq gross sales efficiency
Maryam Island, Shurooq’s flagship waterfront improvement and a three way partnership with Eagle Hills, has offered 3,037 of its 3,083 items, representing a 99 per cent sell-through price. Complete gross sales worth has reached AED3.14bn ($855m), with 1,278 items already handed over and remaining items scheduled for phased supply by to 2028.
Within the first half of 2025 alone, 138 items had been offered for a complete of AED220m ($59.9m), reflecting a 15 per cent year-on-year enhance in common value per sq. foot.
Spanning 3.19 million sq. ft, the event continues to advance with key initiatives underneath building, together with Jawaher, Crystal, Aysha and Mesk Residences.
Maryam Island has already delivered residential and business property which have enhanced the Al Mamzar waterfront and surrounding public realm. Future phases will introduce additional residential items alongside retail, leisure and supporting infrastructure designed to strengthen life-style attraction and long-term funding worth.
Sharjah Sustainable Metropolis
Developed in partnership with Diamond Builders, Sharjah Sustainable Metropolis has absolutely offered all 1,252 residential items, producing AED2.5bn ($681m) in gross sales by the tip of June 2025.
Masking greater than 3.29 million sq. ft, the master-planned group integrates renewable vitality programs, water recycling and eco-friendly infrastructure aimed toward decreasing water consumption and reducing carbon emissions.
Phases 1, 2 and three have been absolutely handed over, with Part 4 scheduled for completion within the fourth quarter of 2025.
Past its constructed setting, the event continues to roll out sustainability initiatives and group engagement programmes that help environmental stewardship, social cohesion and measurable enhancements in vitality effectivity, water use and waste administration.
Ajwan Khorfakkan
Ajwan Khorfakkan has offered 104 of its 185 items, representing 62 per cent of accessible stock and producing AED271m ($73.8m) in gross sales. The challenge will add 682,119 sq. ft of premium residential house to the Khorfakkan waterfront.
As soon as accomplished, Ajwan will ship high-end residences alongside facilities together with the UAE’s first east coast waterpark, a marina, retail promenade, sports activities services and leisure sights.
Its location provides proximity to Khorfakkan Seashore, Khorfakkan Amphitheatre, Shees Park and Al Rafisah Dam, and sits inside a 90-minute drive of Sharjah Worldwide Airport and Dubai Worldwide Airport.
This connectivity, mixed with Khorfakkan’s rising profile as a tourism and leisure vacation spot and its rising function as a gateway for marine and cultural tourism, positions Ajwan as a particular life-style and funding proposition on the UAE’s east coast.
Yousif Ahmed Al Mutawa, Chief Actual Property Officer at Shurooq, mentioned: “Our AED5.8 billion actual property portfolio underscores Shurooq’s place as a key driver of Sharjah’s city transformation and a trusted accomplice for buyers looking for long-term worth.
“The sturdy gross sales efficiency throughout Maryam Island, Sharjah Sustainable Metropolis, and Ajwan displays sustained demand, a diversified investor base, and the strategic alignment of our developments with market wants.
“As we construct on this momentum, we’re getting ready to launch new landmark initiatives that can additional strengthen Sharjah’s competitiveness, improve its actual property panorama, and help its imaginative and prescient for sustainable financial progress.”
