Sharjah Investment and Development Authority (Shurooq) has achieved a major milestone in its real estate portfolio, recording total sales exceeding Dh5.8 billion and reaching a 96 percent sales rate across its flagship developments. This performance reflects sustained demand for residential communities in Sharjah, supported by long-term urban planning, high construction standards and growing confidence among both regional and international investors.
Sales Performance Across Key Projects
Maryam Island has emerged as the strongest contributor to overall sales results. The waterfront destination has achieved a 99 percent sell-out rate across 3,083 residential units, generating total sales of Dh3.14 billion. More than 1,200 units have already been handed over, while the remaining inventory is scheduled for phased delivery through 2028. During the first half of 2025, the project recorded 138 unit sales valued at Dh220 million, alongside a noticeable increase in average price per square foot, reflecting rising market demand.
Sharjah Sustainable City Fully Sold
Sharjah Sustainable City has achieved a complete sell-out of all 1,252 residential units, generating Dh2.5 billion in total sales. The master-planned community is designed around sustainability principles, incorporating renewable energy systems, water conservation solutions and environmentally responsible urban infrastructure. Phases one through three have already been delivered, with the final phase scheduled for completion by the end of 2025.
Ajwan Khorfakkan Shows Steady Demand
Ajwan Khorfakkan has also contributed positively to Shurooq’s overall sales performance. The coastal development has sold 104 out of 185 units, representing 62 percent of total inventory, with sales value reaching Dh271 million. Ajwan Khorfakkan combines residential living with leisure, retail and hospitality components, positioning it as a lifestyle-focused destination on the UAE’s east coast.
Market Outlook and Future Plans
Shurooq’s strong sales performance aligns with continued growth across the UAE residential property market. Demand remains supported by population growth, infrastructure investment and increased interest in waterfront and sustainable developments. Looking ahead, Shurooq plans to introduce additional landmark projects that will further contribute to Sharjah’s long-term economic development and urban transformation.
