Sharjah recorded a 25% increase in foreign real estate investment in the first quarter of 2025. The Sharjah Investment and Development Authority (Shurooq) attributed the growth to increased demand for freehold ownership and long-term visa options. Projects such as Ajwan Khorfakkan have attracted international and regional investors looking for culturally rich investment opportunities.
According to WAM data, the overall value of real estate transactions in Sharjah increased by 31.9% to Dhs13.2 billion, up from Dhs10 billion during the same period last year.
Yousif Ahmed Al-Mutawa, Shurooq’s chief real estate officer, stated that Sharjah’s stable regulatory framework and affordable luxury options have increased its investment appeal. The emirate’s strategic emphasis on infrastructure development and tourism is helping to unlock the real estate potential of areas such as Khorfakkan. Nearly 80% of the units in the first phase of Ajwan Khorfakkan, which includes buildings such as Saahil, Al Joon, Mawj, and Ghadeer, have already been sold. Shurooq hopes to open two more buildings soon.
According to Al-Mutawa, Shurooq is expanding its international outreach and developing strategic alliances to attract investors looking for capital appreciation and rental yields.
