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- H1 2023 Real Estate Market Results – Sharjah
H1 2023 Real Estate Market Results – Sharjah
According to the Real Estate Registration Department, the following were registered:
- 40,843 real estate transactions of $3.6 billion, an increase by 19.2% compared to H1 2022
- 4,187 sales transactions worth $1.6 billion. 3,794 amounting to $1.5 billion – in the city of Sharjah
Investors from 88 countries engaged in deals. TOP 5 by the number of purchased properties:
- UAE (10,877)
- Syria (633)
- India (473)
- Saudi Arabia (302)
- Jordan (282)
Leading ratings agencies, Fitch, Moody's and S&P Global have upgraded the credit ratings of Emaar
- Fitch and S&P Global – from BBB- to BBB
- Moody's – from Baa3 to Baa2
It shows the confidence in the financial prospects of the developer.
Azizi Developments has sold 70% of units in its residential complex in Dubai
– Al Furjan
Launched in February 2023, PEARL features 260 units: 192 studios, 54 one- and 14 two-bedroom apartments.
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