Real estate transactions reached AED24.2 billion last year in Sharjah.
That's according to the annual report by the Sharjah Real Estate Registration Department (SRERD), which revealed that this is a 7.3 per cent increase in comparison to 2018.
More than 61,300 transactions were recorded in 2019, increasing by 13.4 percent in comparison to the year before.
Statistics also show that most of the city's real estate took place in Muwaileh Commercial, Al Khan, Al Nahda and Hoshi areas.
Eleven agreements signed at Al Ain Future Business Forum
Eleven agreements and memoranda of understanding were signed as the inaugural Al Ain Future Business Forum concluded at ADNEC Centre Al Ain.
UAE, Argentina launch CEPA negotiations
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Meraas awards AED 1 billion contract for Nad Al Sheba Gardens expansion
Meraas, part of Dubai Holding Real Estate, has awarded a contract worth nearly AED 1 billion to GCC Contracting to build 272 villas and townhouses in Phase 7 of Nad Al Sheba Gardens.
Meta launches AI gadget Charm as race for post-smartphone hardware heats up
Meta CEO Mark Zuckerberg on Wednesday has unveiled a small handheld gadget called Meta Charm for using its new Muse AI assistant, taking the company's hardware efforts beyond its successful smart glasses.
UAE Central Bank sanctions Bank Melli Iran over compliance breaches
The Central Bank of the UAE has imposed strict enforcement measures on the UAE branches of Bank Melli Iran following violations of regulatory requirements, including legislation related to anti-money laundering and combating the financing of terrorism and proliferation financing.
