Sharjah’s real estate sector recorded transactions worth AED3.1 billion through 7,119 transactions in May, underscoring continued investor interest in the emirate's property market. The total area traded in sales transactions reached around 9.5 million square feet, according to data released by the Sharjah Real Estate Registration Department. Data issued by the Sharjah Real Estate Registration Department showed that ownership certificate transactions reached 2,902 transactions, representing 40.8 percent of the total. These were followed by ownership deed transactions with 2,776 transactions (39 percent), then mortgage transactions with 718 transactions (10.1 percent) valued at AED934.7 million. Initial sales contracts accounted for 513 transactions (7.2 percent),

The UAE remains one of the world’s most attractive real estate investment destinations in spite of the recent regional challenges, according to a new global survey commissioned by Arada. Arada’sUAE Property Investment Index, which was conducted by US-based Penta Group, ranked the country as the top investment destination, with 56% of global investors expressing serious interest in the UAE’s property market, more than any other market surveyed, and ahead of the United States (54%), the United Kingdom (41%), France (28%) and Spain (27%). Conducted between 1 April to 23 April across 12 key markets, the survey of 689 established property investors is