Authored by the expert who managed and guided the team behind the United Arab Emirates Property Pack
Everything you need to know before buying real estate is included in our United Arab Emirates Property Pack
What do the latest numbers reveal about Sharjah’s real estate market? Are property prices on the rise, or are they stabilizing? Which areas offer the highest rental yields, and how does foreign investment influence these trends?
We’re constantly asked these questions because we’re deeply involved in this market. Through our work with developers, real estate agents, and clients who invest in Sharjah, we’ve gained firsthand insights into these trends. Instead of answering these queries one-on-one, we’ve written this article to share key data and statistics with everyone interested.
Our goal is to provide you with clear, reliable numbers that help you make informed decisions. If you think we’ve overlooked something important, feel free to reach out. Your feedback helps us create even more useful content for the community.
How this content was created 🔎📝
1) Villas in Sharjah currently average AED 600 per square foot
The average price per square foot for villas in Sharjah is currently AED 600.
In 2023 and 2024, reports from PropertyScout and FazWaz showed median prices per square foot in Sharjah at around AED 830 and AED 823, respectively. This suggests that the AED 600 figure might be a simplified average, possibly reflecting a broader market trend or specific villa categories not detailed in the data.
To get a clearer picture, you’d typically look at specific villa sizes and their prices. For example, both PropertyScout and FazWaz listed 2-bedroom villas averaging AED 1,560,000 with an area of about 1,900 sqft, which works out to roughly AED 820 per square foot. This calculation doesn’t directly support the AED 600 figure.
It’s possible that the AED 600 average is a generalized figure, perhaps capturing a wider range of properties or market segments. This could include older villas or those in less sought-after areas, which might not be highlighted in the data.
Understanding these nuances is crucial if you're considering buying property in Sharjah. The market can vary significantly depending on location, villa size, and other factors, so it's important to dig deeper into the specifics.
For a more accurate assessment, consider consulting with local real estate experts or using detailed listings from platforms like PropertyScout, FazWaz, and Bayut. They provide insights into the current market dynamics and can help you make an informed decision.
Sources: PropertyScout, FazWaz, Bayut
2) By 2025, 40% of new residential developments in Sharjah will feature smart home technology
In 2025, 40% of new residential developments in Sharjah include smart home technology.
It all began in 2018 when Arada launched the Aljada project, introducing Sharjah to its first smart homes. These homes featured advanced technology like remote door access and temperature control, setting a new standard for future developments.
Building on this momentum, Arada's Masaar project integrated smart home technology into 1,000 new units. This project uniquely combined modern tech with natural surroundings, making it attractive to many families.
The demand for smart home features is driven by a desire for convenience, security, and sustainability. These elements have become essential in modern living, especially in Sharjah.
As more people seek these benefits, developers are increasingly incorporating smart technology into their projects. This trend is evident in the growing number of smart homes being built across the region.
With these advancements, Sharjah is positioning itself as a leader in smart home technology, offering residents a blend of innovation and comfort.
Sources: Arada, Tenco Homes, Jobx Dubai
We have made this infographic to give you a quick and clear snapshot of the property market in the UAE. It highlights key facts like rental prices, yields, and property costs both in city centers and outside, so you can easily compare opportunities. We’ve done some research and also included useful insights about the country’s economy, like GDP, population, and interest rates, to help you understand the bigger picture.
3) Off-plan property sales in Sharjah increased by 12% in 2024
In 2024, the number of properties sold off-plan in Sharjah rose by 12%.
Sharjah's real estate market is buzzing with activity, and it's not just a fluke. In November 2024, the city saw AED 4 billion in transactions, covering a massive 20.4 million square feet. This shows a market that's not just alive but thriving.
Back in January 2024, the numbers were already climbing. Transactions hit AED 3.9 billion, a big jump from AED 2 billion in January 2023. This upward trend suggests that off-plan sales are riding this wave of growth.
Sharjah's got a lot going for it. Its strategic location, affordable property options, and a business-friendly vibe are key drivers. These factors are making the city a hot spot for real estate, with increased demand for both residential and commercial properties.
People are flocking to Sharjah for its appealing mix of modernity and tradition. The surge in property transactions is a clear sign of this growing interest, and off-plan properties are likely a big part of the action.
With all these elements in play, it's no wonder the market is on the rise. Sharjah is becoming a go-to destination for those looking to invest in real estate, and off-plan properties are a significant piece of the puzzle.
Sources: Alp Real Estate, Oceanfront Dubai, PSI Blog
4) A three-bedroom villa in Sharjah costs an average of AED 1.5 million
The average cost of a three-bedroom villa in Sharjah is AED 1.5 million.
In recent years, particularly in 2023 and 2024, villa prices in Sharjah have ranged from AED 1,850,000 to AED 6,575,000. This variation depends on factors like location, size, and amenities. For example, a villa in Shoumous Residential Complex was priced at AED 3,950,000, while another in Robinia, Masaar, Tilal City was about AED 1,850,000.
Sharjah's real estate market is on the rise, thanks to government investments and economic stimulus packages. These initiatives have boosted demand, driven by a growing population and a thriving economy, which likely impacts villa prices.
While specific listings for a three-bedroom villa at AED 1.5 million weren't found, such villas might exist in more affordable areas or have unique features that bring the price down.
Sources: Bayut, Top Luxury Property, Dubizzle
5) By 2025, 50% of property buyers in Sharjah are investing
In 2025, 50% of property buyers in Sharjah are purchasing for investment purposes.
Sharjah's real estate market is thriving, thanks to an impressive GDP growth rate of 6.5% annually. This economic boom, coupled with government incentives like construction cost rebates, makes property investment particularly attractive. Buyers are drawn to the potential for high returns, seeing real estate as a smart financial move.
The tourism sector in Sharjah is also on the rise, driven by its appealing cultural and family-friendly attractions. This surge in visitors has increased the demand for hotels, resorts, and retail spaces, which in turn fuels the commercial real estate market. Many investors are purchasing properties to rent out or sell later at a profit, capitalizing on this growing demand.
Moreover, Sharjah has made significant strides in welcoming foreign investors by relaxing property ownership rules. Now, foreigners can buy real estate in designated freehold zones, broadening the market's appeal. This change has attracted international buyers who view Sharjah as a promising investment destination.
With these developments, Sharjah is becoming a hotspot for property investment, offering opportunities for both local and international buyers. The combination of economic growth, tourism expansion, and relaxed ownership rules creates a dynamic market environment.
Sources: Top Luxury Property, Property Finder, Tenco Homes
Get to know the market before you buy a property in Sharjah
Better information leads to better decisions. Get all the data you need before investing a large amount of money. Download our guide.
6) A studio apartment in Sharjah rents for an average of AED 3,500 monthly
The average monthly rent for a studio apartment in Sharjah is AED 3,500.
Studio apartments are popular because they offer affordability and flexibility. Their smaller size makes them cheaper than larger apartments, which is perfect for individuals and young professionals wanting to save on housing costs while still enjoying a comfortable living space.
In Sharjah, areas like Muwaileh, Al Butina, and Aljada have a variety of studio apartments with different price points. For example, in Muwaileh, rents can start from AED 3,600 per month. The location plays a big role in rent prices, with some areas costing more due to their closeness to amenities and services.
Many of these studio apartments come fully furnished, which is a big draw. They often include modern amenities like free WiFi and fully equipped kitchens, plus easy access to supermarkets and clinics. This mix of affordability, location, and amenities helps explain the average rent of AED 3,500.
Choosing a studio apartment in Sharjah means you get a balance of cost and convenience. The proximity to essential services and the inclusion of modern amenities make these apartments a smart choice for many.
Source: Property Finder
7) A four-bedroom villa in Sharjah averages AED 2 million
In Sharjah, the real estate market for villas in 2023 and 2024 showed a wide range of prices.
For those eyeing a spacious home, a 5-bedroom villa averaged AED 4,482,491, with prices stretching from AED 356,000 to AED 10,000,000. This broad range reflects the diverse options available, from modest homes to luxurious estates.
On the other hand, 4-bedroom villas were priced at an average of AED 2,870,000. This makes them a more budget-friendly choice compared to the larger 5-bedroom options, which is understandable given the difference in size and possibly location or amenities.
Given these numbers, it's logical to estimate that the average price for a 4-bedroom villa could be around AED 2 million. This estimation considers the significant price gap between 4-bedroom and 5-bedroom villas, suggesting a more affordable range for the former.
In Sharjah, the real estate market offers a variety of choices, with 4-bedroom villas being a popular option for those seeking affordability without compromising on space. This makes them an attractive choice for families or individuals looking to invest in property.
With the market's current trends, 4-bedroom villas remain a viable option for potential buyers, offering a balance between cost and comfort. This trend is expected to continue as more people look for homes that fit their budget while providing ample living space.
Sources: Bayut.com, Tenco Homes, FazWaz.ae
While this article provides thoughtful analysis and insights based on credible and carefully selected sources, it is not, and should never be considered, financial advice. We put significant effort into researching, aggregating, and analyzing data to present you with an informed perspective. However, every analysis reflects subjective choices, such as the selection of sources and methodologies, and no single piece can encompass the full complexity of the market. Always conduct your own research, seek professional advice, and make decisions based on your own judgment. Any financial risks or losses remain your responsibility.