Sharjah rents expected to remain high over the next 2 years

The rental market in the United Arab Emirates (UAE)’s Sharjah is changing dramatically. Experts have forecasted that rental prices will remain steep in the city over the next two years.

The Emirates has attracted more residents than its neighbouring city of Dubai due to its relatively affordable



housing options.

The rental situation in Sharjah is dynamic, the rent hikes vary from 18 percent to 25 percent on renewals in the market. This surge is driven by multiple factors including a growing population that reached 1.8 million in 2022 and a large number of people immigrating from other Emirates.