Sharjah’s rental market is changing a lot right now and it looks like prices will stay high for a couple of years. A big reason is that more people are choosing to live in Sharjah because it’s usually cheaper than places like Dubai. This means rent is going up by about 18 to 25 percent when leases are renewed.
The main reason these rents are rising is that Sharjah’s population is growing fast. A lot of folks are moving in from other parts of the UAE. In 2022 the city hit 1.8 million people and this big jump in population is making the demand for housing really high. When there’s lots of people looking for a place landlords can ask for more money.
These increases are hard on people renting because they are having to pay much more. The rental market is always changing so prices are up and down for both renters and landlords. It looks like high rental costs will probably be a normal thing in Sharjah for at least the next two years.