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    Home » Shurooq real estate sales hit $1.58bn as Sharjah projects near sell-out
    Arab Business News & Press Releases

    Shurooq real estate sales hit $1.58bn as Sharjah projects near sell-out

    GetMediaExposure.com Editorial TeamBy GetMediaExposure.com Editorial TeamDecember 23, 2025No Comments4 Mins Read
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    The results underline expanding neighborhood and worldwide need for Sharjah property and strengthen the emirate’s expanding duty in the UAE’s non-oil economic situation.

    Throughout Maryam Island, Sharjah Sustainable City and Ajwan in Khorfakkan, a combined 4, 358 of 4, 520 property systems have actually been offered, mirroring sustained investor self-confidence and appetite for tactically located, premium growths.

    Sharjah realty growth

    The efficiency even more seals Sharjah Financial investment and Growth Authority’s placement as a significant factor to the UAE’s non-oil GDP, with the realty market accountancy for 7 6 per cent of the nationwide non-oil economy.

    In between 2018 and 2024, Shurooq recorded a compound yearly growth rate of 48 9 per cent in realty sales, significantly outmatching wider market standards.

    This development has actually been driven by regular distribution, calculated website selection and solid investor self-confidence.

    According to CBRE’s UAE Real Estate Market Review for Q 2 2025, home costs throughout the UAE rose 12 8 percent year-on-year.

    Sharjah recorded AED 27 1 bn ($ 7 38 bn) in property deals throughout 2024, noting a 14 percent rise compared with the previous year.

    Internationally, JLL projections an 8 percent surge in real estate financial investment volumes in 2025, supported by city populace growth and continual demand for sustainable, mixed-use communities.

    Shurooq sales efficiency

    Maryam Island, Shurooq’s flagship waterside growth and a joint venture with Eagle Hills, has actually offered 3, 037 of its 3, 083 devices, standing for a 99 percent sell-through rate. Total sales worth has reached AED 3 14 bn ($ 855 m), with 1, 278 units currently handed over and continuing to be systems arranged for phased distribution through to 2028

    In the first half of 2025 alone, 138 devices were cost an overall of AED 220 m ($ 59 9 m), reflecting a 15 per cent year-on-year rise in average rate per square foot.

    Covering 3 19 million square feet, the development continues to advance with key jobs under construction, consisting of Jawaher, Crystal, Aysha and Mesk Residences.

    Maryam Island has currently supplied household and business possessions that have boosted the Al Mamzar waterside and bordering public realm. Future phases will certainly present further household systems together with retail, recreation and supporting framework developed to enhance way of life allure and long-lasting investment worth.

    Sharjah Sustainable City

    Created in collaboration with Diamond Developers, Sharjah Sustainable City has completely offered all 1, 252 residential devices, creating AED 2 5 bn ($ 681 m) in sales by the end of June 2025

    Treatment greater than 3 29 million square feet, the master-planned neighborhood incorporates renewable resource systems, water recycling and environment-friendly infrastructure aimed at minimizing water usage and decreasing carbon exhausts.

    Phases 1, 2 and 3 have been totally handed over, with Phase 4 arranged for conclusion in the 4th quarter of 2025

    Beyond its constructed atmosphere, the growth remains to turn out sustainability efforts and area interaction programs that sustain environmental stewardship, social communication and quantifiable enhancements in power efficiency, water usage and waste monitoring.

    Ajwan Khorfakkan

    Ajwan Khorfakkan has actually offered 104 of its 185 systems, representing 62 percent of readily available inventory and creating AED 271 m ($ 73 8 m) in sales. The project will add 682, 119 square feet of costs property space to the Khorfakkan waterside.

    As soon as completed, Ajwan will certainly supply premium houses alongside services consisting of the UAE’s first eastern coastline waterpark, a marina, retail promenade, sports facilities and leisure tourist attractions.

    Its area uses closeness to Khorfakkan Coastline, Khorfakkan Amphitheatre, Shees Park and Al Rafisah Dam, and sits within a 90 -min drive of Sharjah International Airport Terminal and Dubai International Flight Terminal.

    This connection, combined with Khorfakkan’s growing account as a tourist and leisure location and its emerging role as a gateway for marine and social tourist, settings Ajwan as a distinctive way of life and investment recommendation on the UAE’s east coastline.

    Yousif Ahmed Al Mutawa, Principal Realty Officer at Shurooq , said: “Our AED 5 8 billion property portfolio highlights Shurooq’s placement as a crucial motorist of Sharjah’s metropolitan change and a trusted partner for capitalists looking for lasting worth.

    “The strong sales efficiency across Maryam Island, Sharjah Sustainable City, and Ajwan shows sustained demand, a varied investor base, and the tactical alignment of our developments with market requirements.

    “As we improve this energy, we are preparing to release new site tasks that will even more reinforce Sharjah’s competitiveness, improve its property landscape, and sustain its vision for sustainable financial growth.”

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