Muwaileh, Al Zahia, Aljada: Where to rent or buy in Sharjah now

Sharjah posts record real estate deals as renters and buyers target family communities

Last updated:
Nivetha Dayanand, Assistant Business Editor
5 MIN READ
Sharjah skyline for illustrative purposes only.
Sharjah skyline for illustrative purposes only.
Virendra Saklani/Gulf News

Dubai: Sharjah’s property market is seeing its strongest phase in years, with demand clustering around key community hubs such as Muwaileh, Al Zahia, Aljada and Masaar. New master-planned districts, connectivity to Dubai and competitive pricing have drawn a new profile of buyers and tenants, setting the stage for structural growth rather than a short-term cycle.

Families working in Dubai are increasingly selecting Sharjah for affordability and space, while investors are treating the emirate as a stable, value-growth market. This shift is most visible in the new community corridors that sit along strategic highways linking Sharjah to Dubai.

Pulkit Mehta, Senior Portfolio Manager at Banke International Properties, said activity is being driven by strong end-user appetite. “Sharjah gives you far more per square foot than Dubai, without compromising on connectivity or community. Muwaileh has become a magnet for families and young professionals who work in Dubai but want affordability and a sense of stability.”

He added that the narrative around Sharjah has changed meaningfully. “Aljada, now considered Sharjah’s ‘city within a city’, has flipped the old narrative on its head. It is no longer the budget alternative; it is an aspirational address with solid infrastructure and a self-contained lifestyle offering.”

Record transaction growth and wider investor base

Rents in Old Muwailah are projected to skyrocket over the next 16 months. With many professionals working in Dubai but choosing to live in Sharjah, this vibrant area has become a top residential destination for families and this area is massively under development . One of the main reasons families prefer Sharjah is the 4-day school week, which gives children more quality time at home. Over the past three years, there’s been a massive migration from Dubai to Sharjah, boosting demand for family-friendly communities like Old Muwailah. Home to a large number of middle-income families, Old Muwailah is surrounded by leading developers within a 10 km radius, making it one of the most promising areas in Sharjah. For residents living near the school area, this is a great opportunity to own their dream home, with prices starting from just AED 590K onwards. Now is the perfect time to invest in Sharjah, as buying today can help families save on rent, reduce living costs, and secure a property in one of the region’s fastest-growing communities.
Mr Sukesh Govindan, CEO, TENX Properties LLC.
Mr Sukesh Govindan, CEO, TENX Properties LLC.
Sukesh Govindan CEO of TENX Properties LLC

The number of transactions also climbed to 80,320, up 16.3% year-on-year. Residential, commercial and industrial assets all contributed to the uptick, underscoring broad-based confidence.

Investor participation widened sharply. Sharjah drew buyers from 121 nationalities, led by Emiratis with Dh21.1 billion across 28,561 deals. Foreign investors contributed Dh13.1 billion, Arab nationals Dh7.5 billion and GCC nationals Dh2.6 billion. The depth and diversity of capital now places Sharjah among the region’s most internationally-watched real estate stories.

Rental hotspots and steady price movement

Rental data points to a steady demand base. Bayut figures show Al Khan, Al Taawun, Al Majaz and Al Nahda remained among Sharjah’s highest rent districts, with Al Khan topping average rates and Al Taawun recording a 10.7% jump for studio units. Muwaileh maintained the highest average rent for one-bedroom apartments.

Analysts say this reflects a maturing market that has begun to balance supply with demand. “Sharjah is standing out not for headline-grabbing price hikes like Dubai, but for a strong value-upside play that is often overlooked,” Mehta said.

He noted Sharjah’s average gross residential yield at around 4.95%, marginally above the UAE average of 4.87%. Dubai yields are higher, often in the mid-6 % range, but Sharjah’s appeal lies in its combination of returns and affordability.

“Investors are not choosing Sharjah because it offers the highest yield per se,” Mehta said. “Sharjah offers smart yield plus growth optionality.”

Mehta expects rental growth in the range of 8 to 12% in 2026, calling it a sustainable level driven by end-user demand, not speculative pressure. “Sharjah is about sustainable value-led growth, not rapid spikes, and that is a differentiator for clients looking beyond Dubai’s volatility.”

Master-planned districts reshape demographics

New master-planned communities are reshaping Sharjah’s urban economy. “Communities such as Aljada and Masaar are doing more than adding inventory. You are seeing more families, professionals relocating for lifestyle, and investors thinking long-term rather than purely cost-driven,” Mehta said.

Developers are doubling down on this trend. Fourteen new projects were registered across eleven areas in 2025, including launches in Al Khan, Al Nahda and Tilal City. These follow infrastructure upgrades, new lifestyle retail clusters and enhanced public amenities.

The shift is also being supported by freer ownership laws. Sharjah’s gradual expansion of freehold zones has attracted deeper pockets and longer holding cycles, particularly from institutional and high-net-worth investors building diversified exposure across the Emirates.

Strong economic backdrop supports long-term cycle

Sharjah’s economy is projected to grow up to 7.5% in 2025, supported by foreign investment inflows and infrastructure programmes. Demand is broadening across apartments, villas and industrial plots, with more than 150 million square feet transacted across 239 areas.

With the UAE property market forecast to grow by about 8%  this year, Sharjah’s double-digit trajectory places it among the region’s fastest-growing real estate markets.

Mehta said Sharjah has transitioned into a new phase. “Sharjah’s surge is a structural shift. As freehold zones expand and infrastructure strengthens, we are seeing the emirate graduate from a ‘value play’ into a ‘growth play’.”

For buyers, the appeal remains space, community and relative affordability. For investors, it is stability, predictable income and potential upside. For developers, it is a chance to scale mixed-use and lifestyle-driven expansion.

The market has matured, observers say, into one where fundamentals rather than speculation sit at the core. Sharjah has begun to chart its own course, not in the shadow of Dubai, but as a market where long-term capital, end-users and master-planned delivery are aligning.

Nivetha DayanandAssistant Business Editor
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