Sharjah's realty deals by 3,586 female property owners total Dhs2.7 billion

Abdulaziz Ahmed Al-Shamsi, Director-General of the Sharjah Real Estate Registration Department, revealed that the number of properties owned by Emirati women from the beginning of the year until August 21 reached 3,322, accounting for II.8 per cent of the total registered properties in the Emirate of Sharjah.

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The total number of female property owners reached 3,586, representing 17.7 per cent of all owners, with a total transaction value of Dhs2.7 billion.

Al-Shamsi added: “As of August 21, the Department’s data shows that 30,662 properties are owned by Emirati women, making up 15.5 per cent of all properties in the Emirate, registered under 27,425 female owners, which constitutes 21.2 per cent of total property owners, with a total trading volume of Dhs45.2 billion. This clearly reflects the vital role women play in this important economic sector.”

Regarding the reasons behind this exceptional growth, Al-Shamsi explained that the real estate sector in the Emirate continues to receive unwavering support from His Highness Sheikh Dr. Sultan Bin Muhammad Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, may God protect him, along with the continuous followup of His Highness Sheikh Sultan Bin Muhammad Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and Chairman of the Executive Council. This support has been clearly reflected in the positive results being achieved.