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FINANCIAL NEWS
Sharjah’s residential, commercial property markets to fall
08 Dec 2016
(MENAFN) Rents in Sharjah’s residential and commercial property markets have dropped for a second year, increasing in tenancy options in the emirate.
Additionally, the market has been tracking Dubai”s market for almost 2 years, with rates in Dubai down by 8 percent on this time last year.
Accordingly, there has also been a notable fall in overall tenant requirements as tenants find themselves in the unique position of being spoilt for choice.
Meanwhile, average rents in Sharjah are still 30 percent higher than they were at the start of 2012, emphasizing the strength of rent rises in recent years.
More News
08 Apr 2026
BBK awards over BD 1 Million to 273 winners in the February Al Hayrat Grand Prizes draw
01 Mar 2026
BBK activates partial remote working system for its workforce to ensure employee and customer safety and service continuity
24 Feb 2026
BBK discloses its financial results for the year ended 31st December 2025
05 Feb 2026
BBK announces December Al Hayrat Grand Prize winners and another wave of Grand prizes for February
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