Real Estate investments in Sharjah hit USD3.29bn


(MENAFN) Sharjah's total value of real estate investments in the Jan- June period of this year reached USD3.29bn, whereas the whole number of transactions stood at 25.474.

Accordingly, in May 2016 the sector witnessed a record of 114 percent in all value of real estate traded, which reached Dh3.4bn.

Additionally, the transactions involved 14.411 ownership certificates, 8.165 title deed transactions, 1.943 mortgages and 955 valuations.

On the other hand, a total of 1.860 sales transactions were conducted in the Emirate of Sharjah, involving 1.665 transactions in Sharjah City.


MENAFN

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