Sharjah
Real Estate News

Dubai Home Prices Continue to Implode in 2019

Dubai Home Prices Continue to Implode in 2019

According to the Property Monitor's latest Dubai House Price Index, the average annual house price in Dubai decreased by 12% in March 2019, with some communities registering even higher price declines. Read More »


Middle East, Africa Hotels Post Mixed Results in April

Middle East, Africa Hotels Post Mixed Results in April

According to STR, hotels in the Middle East reported negative April 2018 performance results, while hotels in Africa posted growth across the three key performance metrics. Read More »

UAE Property Market Poised For Growth in 2018

UAE Property Market Poised For Growth in 2018

According to the latest property report from Cluttons, as the UAE government pioneers fiscal adjustment in the region in response to declining oil prices, milestones such as Expo 2020 and the introduction of VAT will play a key role in boosting the country's property market. Read More »

Apartment Rents Dip in Dubai, Surge in Abu Dhabi

Apartment Rents Dip in Dubai, Surge in Abu Dhabi

UAE property portal Bayut.com is reporting this week that affordability remained the center of discussions at the recently concluded Cityscape Global real estate exhibition in Dubai. Read More »


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Global Property Spotlight

Grand Tetons Wonderland - (Driggs, Idaho)

Grand Tetons Wonderland - (Driggs, Idaho)

Huntsman Springs is golf and club community developed by Jon Huntsman, Sr. A place of serenity and beauty in the hitherto undeveloped Teton Valley of Western Idaho. Read More »

Last Updated April 25, 2019 9:01 AM ET

Sharjah Property News

The impact of the softening global economy continues to hamper the UAE's office market as redundancies in the oil and gas, finance and banking sectors have stifled demand for office space across the emirates.

For those invested in the London property market, the deterioration in the value of sterling overnight will have erased any gains in recent years

According real estate consultancy Cluttons, Dubai, Abu Dhabi and Sharjah have emerged as the region's most popular investment destinations amongst GCC High Net Worth Individuals.

According to international real estate consultancy Cluttons, Sharjah's residential property market is starting to show signs of softening at the end of 2015.

With a 54% decline in oil prices during the past 12 months, UAE real estate market is beginning to feel the effect with property transaction levels falling.

The stabilization of rents across Sharjah's residential property market has resulted in rental costs remaining unchanged during Q1 2015, following a 23.9% increase in 2014.

Ongoing diversification and growth of Sharjah's economy is set to positively impact on rents in the emirate's commercial property market.

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