Sharjah property prices will increase over 10 per cent this year due to the inflow of new residents, the government’s initiative to allow all nationalities to buy in the emirate and growing tourism, among others, industry executives said at the ACRES 2026 exhibition, taking place at Expo Centre.
The emirate’s property prices have been increasing at a double-digit rate over the past few years, and have not peaked yet.
Amer Al Zarooni, general manager of Asas Real Estate Company, said 2025 was a great year for the Sharjah market, as it was reflected in record transactions.
He added that property prices in the emirate grew between 10 and 12 per cent last year, and expectations that this trend will continue in 2026 as well, due to the recently-approved law to allow all nationalities to invest in the real estate market.
Al Zarooni projected around 10 per cent capital appreciation in the local property market this year.
“The number of foreign investor have increased in very big numbers,” he said, adding that prices in Sharjah grow in a more stable manner and logically rather than fluctuate wildly.
Prices not ‘peaked’ yet
Lamia Al Jewaied, head of studies and research bureau at Sharjah Real Estate Registration Department, said property prices in Sharjah have not reached “peak” yet; therefore, investors will get good returns on their investments.
She credited the emirate’s central location, family-oriented environment, and permissions to all nationalities to buy properties as key factors that will drive the market in 2026.
Ali Mohammed Mousa, CEO of North Coast Real Estate, said that the real estate sector in Sharjah has been witnessing a noticeable uptrend recently, with rising demand for residential and commercial units, reflecting growing confidence among investors and buyers in the local market.
Mousa pointed out that government support in Sharjah strengthens the performance of real estate companies through facilities and regulations that encourage investment and support both existing and new projects, contributing to attracting further investments.
Waterfront properties
Raymond Khouzami, vice chairman of Al Thuriah Group, noted that prices have risen between 10 per cent and 20 per cent in 2025, citing an increase in materials as one of the key reasons for the rise in property prices.
“This is normal because when you have very high demand, the prices will increase. So, we are trying to minimize the increase and cover some extra cost. There is now a lot of demand for waterfront units,” he said, adding that due to high demand, prices are going to increase more in 2026.
Noreen Nasralla, senior vice president for marketing strategy and branding, Alef Group, said the government support, which focuses a lot on the stability of the market, influx of more people, and tourism, will drive the market this year.
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Source: Khaleej Times
24th January, 2025
