Sharjah’s property sector has seen a remarkable increase of over 25 percent in foreign investment during the first quarter of 2025. This growth is attributed to the rising interest in freehold ownership, long-term visa options, and strategically located projects like Ajwan Khorfakkan. The information was reported by the Sharjah Investment and Development Authority, known as Shurooq.

Yousif Ahmed Al-Mutawa, the chief real estate officer at Shurooq, emphasized the importance of this momentum for freehold ownership. He stated that the launch of Ajwan in Khorfakkan reflects the growing demand for designated projects that allow international and regional buyers to invest.

Official statistics support this trend, revealing that the total value of real estate deals in Sharjah reached Dhs13.2 billion in the first quarter of 2025. This marks a substantial 31.9 percent increase compared to the Dhs10 billion reported in the same period last year.

Al-Mutawa also highlighted Sharjah’s stable regulatory environment, affordable luxury offerings, and cultural authenticity as key factors contributing to its investment appeal. He noted that the combination of these elements, alongside long-term visas and an increasing global interest in culturally rich destinations, enhances Sharjah’s attractiveness to investors.

To sustain this positive trend, Shurooq is intensifying its international outreach and investor engagement strategies. Al-Mutawa mentioned that the organization is focusing on establishing strategic partnerships and developing high-impact projects that align with investor interests, such as long-term capital appreciation and rental yields, alongside adherence to Environmental, Social, and Governance (ESG) principles.

Shurooq is actively advancing several new developments in Khorfakkan, which is gaining recognition as a burgeoning real estate and tourism hotspot. Al-Mutawa reported that strong demand is evident for their upcoming project, Ajwan Khorfakkan, with nearly 80 percent of the units in the first four buildings—Saahil, Al Joon, Mawj, and Ghadeer—already sold. He also indicated that two additional buildings will be launched soon.

Infrastructure improvements and government support are crucial in unlocking the region’s real estate potential. Al-Mutawa pointed out that the convergence of infrastructure development, increased tourism, and robust governmental backing for the eastern region is creating a compelling investment opportunity.

Al-Mutawa, who recently took on his role at Shurooq, expressed his commitment to aligning real estate strategies with Sharjah’s broader economic diversification goals. He identified three key focus areas: enhancing high-potential locations like Khorfakkan, boosting investor confidence through regulatory clarity, and fostering integrated communities that reflect Sharjah’s cultural identity and commitment to quality of life.

He concluded by stating that Shurooq is playing a pivotal role in shaping the future of Sharjah’s real estate sector.