November real estate deals in Sharjah exceed $735m ...United Arab Emirates

Real estate transactions in the Emirate of Sharjah during November increased to AED2.7bn ($735m), compared to AED1.9bn the previous month. A total of 2,813 real estate transactions were carried out during the period, and 650 were sale transactions, accounting for 23.1 per cent, according to the latest report issued by the Sharjah Real Estate Registration Department (SRERD). Mortgage transactions increased to 322, comprising 11.4 per cent of the total transactions – amounting to AED921m, with the remaining 1,841 transactions distributed over other real estate transactions, representing 65.5 per cent. The report revealed that real estate market sales covered a total area of 13.3 million sq ft,

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