The Sharjah Investment and Development Authority (Shurooq) has announced a major milestone in its real estate operations, achieving a 96% sales rate across its flagship developments. The authority revealed that total sales have exceeded Dh5.8 billion over the recent period, reflecting a surge in investor confidence within Sharjah’s property market.
This impressive financial performance underscores the success of Shurooq’s diverse portfolio. Key contributors to these figures include high-profile joint ventures and developments such as Sharjah Sustainable City and Maryam Island. These projects have attracted significant attention from both local and international investors, driven by a demand for sustainable living and integrated lifestyle communities.
Ahmed Obaid Al Qaseer, CEO of Shurooq, highlighted that these results are a testament to the strategic vision of the authority. He emphasized that Shurooq is committed to developing world-class infrastructure that aligns with the emirate's cultural and economic goals. The high sales volume indicates that investors trust Shurooq’s ability to deliver projects that offer long-term value and high quality of life.
The achievement comes amidst a broader boom in Sharjah’s real estate sector. The emirate has increasingly positioned itself as a prime destination for investment, offering a blend of modern luxury, heritage, and eco-friendly design. Shurooq’s projects are specifically tailored to meet the evolving needs of residents, focusing on community well-being and environmental sustainability.
Looking ahead, Shurooq aims to sustain this momentum by continuing to launch innovative projects that enhance Sharjah’s urban landscape. The Dh5.8 billion sales figure not only marks a financial victory but also solidifies Sharjah’s status as a stable and lucrative hub for real estate investment in the region.
