Sharjah real estate transactions up to AED 3.6 billion in Q1 2020

123RF

Real estate transactions in Sharjah amounted to AED 3.6 billion in the first quarter of this year.

During this period, there were 729 sales transactions, more than 500 of which were residential. 

Officials say the government’s incentives have had an effect, including a three-month exemption from annual fees for economic establishments. 

The emirate’s Real Estate Registration Department recorded up to 18,537 transactions from 129 areas.

More from Business News

On Virgin Radio today

Trending on Virgin Radio

  • The Rock and Chris Evans: A Christmas Surprise!

    The Rock and Chris Evans: A Christmas Surprise!

  • ARN News Centre

    Get the latest UAE and world news from our award winning team of journalists. The ARN News Centre is the country's most trusted source of information.

  • Bassem Youssef

    One of the most talked about comedians in the world takes over The Kris Fade Show. Watch the full interview here...

  • Middle East Hot 30

    Every weekend Kris Fade plays the biggest tracks in the Middle East. Check out this weeks chart...