Al Mansouri: Market recovered in first half of 2021

Date: Jul 25, 2021

As part of the department’s objective, the Sharjah Real Estate Registration Department is expanding to cover the cities of the Eastern and Central Regions.
With the opening of the Dibba Al Hisn City branch last year, the Branches Department now serves citizens and residents in all cities in the Eastern Region, in addition to the Central Region branch, according to Omar Al Mansouri, Director of the Branches Department.

He highlighted to “Sharjah 24” that the department’s branches keep up with digital transformation policies in terms of their services, as they provide a bundle of services that satisfy the expectations of clients in all of the department’s branches.

According to Al Mansouri, the department’s branches handled 1927 ownership transactions and 10,957 ownership certificate transactions in the first half of this year, in addition to 175 mortgage transactions.

Al Mansouri added that the real estate market in the Eastern and Central Regions was impacted by COVID-19 pandemic’s repercussions last year, but it has since recovered thanks to the government’s economic support and incentives, which aided market cohesion and recovery in the first half of this year.

SOURCE: Sharjah 24