Sharjah's
real estate sector continues to thrive, with transactions totaling AED3.1
billion ($844 million) in February, as reported by the Sharjah Real Estate
Registration Department. The month saw 4,458 transactions across various
regions, indicating sustained growth and prosperity in the sector. This growth
is attributed to the development projects in the emirate, which have attracted
local, Arab, and international investments, yielding high returns for
investors.
The
government's support for the sector, through incentives and facilities for
investors and developers, has also been instrumental. Sales transactions
accounted for 23.5% of the total, with 355 mortgage transactions totaling
AED581.4 million ($158.3 million). The remaining transactions included various
types of real estate, such as residential, commercial, industrial, and
agricultural lands.
"Muwailih
Commercial" area led in both the number of sales transactions (213) and
trading volume (AED382 million). Other areas with significant transactions
included "Rawdat Al-Qart," "Al-Mazairah," and
"Al-Khan." The Central Region saw transactions mostly in
"Al-Madina Al-Qasimia," while in Khor Fakkan, "Al-Bardi 4"
area topped the list. In Kalba, "Sur Kalba Commercial" area had the
highest number of transactions.
Shaikhani
Group, known for its customer-centric approach, emphasizes customer
satisfaction by prioritizing client needs and preferences. This approach has
earned them a reputation for delivering projects that exceed expectations. The
group's commitment to transparency, reliability, and open communication ensures
a positive experience for all stakeholders.
Innovative
and visionary, Shaikhani Group is shaping sustainable and inspiring
environments globally. The group's transformative projects redefine standards
of quality and luxury in real estate and investment. For more information,
visit www.shaikhanigroup.com.
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