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Sharjah’s real estate witnesses stability and correction over 8 months

New service planned, to allow customers to enter data via Smartphones for initial contracts for deals.

According to the Sharjah Real Estate Registration Department, the real estate prices in the emirate witnessed stability and correction in some areas during the first eight months of this year.

The department announced at the same time that, during the coming period, it intends to launch a new service that allows customers to enter the data of initial contracts for real estate deals via Smartphones.

This will make the data available in the circuit systems and make it easier for dealers to complete the final contracts procedures when they go to the Department.

In details, the Director of the Department, Abdulaziz Ahmed Al Shamsi, told Emarat Alyoum that the real estate prices in different categories in the emirate witnessed a general stability and correction in some areas during the first eight months of this year.

He adds that this indicates that there was stability in demand for deals of sale during that period, pointing out that price correction of real estate in some areas of Sharjah has been through minor declines, coinciding with the general stability of real estate prices in the emirate.