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Financial Due Diligence · Sharjah
Sharjah Developer
Health Scores
Escrow balances · Fitch / Moody's credit ratings · Off-plan delivery records
Data verified against SRERD (Jan 2026), Savills Q3 2025, Arada annual results — March 2026
March 2026 data
Sources: SRERD Jan 2026 · Savills Nov 2025
Arada Annual Results Jan 2026 · Arabian Business
Fitch/Moody's · Updated: March 2026
Arada Annual Results Jan 2026 · Arabian Business
Fitch/Moody's · Updated: March 2026
Jan 2026 total value
AED 9.3B
+34.8% vs Jan 2025 · SRERD
Freehold market share
55%+
Post-2022 escrow reforms
Active freehold developers
25+
Across 239 active areas · 2025
Full-year 2025 transactions
AED 65.6B
+64.3% YoY · All-time record
Sharjah Regulatory Framework — SRERD 2026
Sharjah's escrow law — launched at ACRES 2026 (Jan 2026) — now legally ring-fences 100% of off-plan buyer funds in bank-managed accounts, releasing payments only as SRERD-verified construction milestones are met. Arada holds Fitch and Moody's credit ratings — the only private UAE developer under 15 years old to achieve this. Full-year 2025: AED 65.6B transactions (+64.3% YoY), 132,659 total deals (+26.3%), 129 investing nationalities. Health scores combine: Escrow Coverage (35%) · Delivery Track Record (25%) · Credit Rating (20%) · Financial Flexibility (20%). Sources: SRERD Jan 2026 · Savills Nov 2025 · Arada Jan 2026 annual results.
Filter by tier
Health Score
0–40 High risk41–65 Caution66–80 Solid81–100 Exemplary
Tier 1 · Fitch + Moody's Rated
Arada
Est. 2017 · KBW Investments & Basma Group · Aljada & Masaar · International debut 2024
92
/ 100
2025 Full-Year Sales
AED 17.3B
Full-year 2025 · +199% YoY
2025 Units Sold
5,140
UAE-wide · 2× vs 2024
Dev Pipeline
AED 130B
UAE + UK + Australia · 2026
Escrow compliance — SRERD registered
100%
All Sharjah projects SRERD-registered. 2026 escrow law ring-fences 100% buyer funds. Fitch + Moody's rating confirms institutional-grade governance — only UAE private developer under 15 yrs old rated
Delivery Track Record
On-time delivery
96%
Buyer satisfaction
4.7/5
Units delivered (total)
10,000+
2025 full-year growth+199% YoY sales
Revenue 2025AED 6.7B (+170%)
Masaar 2 & 3Sold out at launch · 2025
EBITDA 2025AED 1.6B (+174%)
Contracts awardedAED 12.7B in 2025
Armani Beach PalmArmani/Casa JV · Active
Active flagship projects
Aljada · Madar Mall 2026
Masaar 2 · Sold out 2025
Masaar 3 · Launched 2025
Anantara Sharjah Resort
Armani Beach Palm
Tier 2 · Sharjah Market Leader
Alef Group
Est. 2013 · AED 12B assets · 25%+ Sharjah market share · Hayyan & Al Mamsha
88
/ 100
Total Assets
AED 12B
Land bank + assets · 2025
ACRES 2025 Sales
AED 1.37B
4-day event · Jan 2025 · 1,006 SPAs
Market Share
25%+
Sharjah residential · 2025
Escrow compliance — SRERD verified
100%
AED 12B asset base provides strong coverage. Hayyan sold out multiple phases with consistent delivery. No Fitch/Moody's rating — self-funded growth model
Delivery Track Record
On-time delivery
90%
Sales growth YoY
+30%
Fitch / Moody'sNot rated
Asset strengthAED 12B
Al Mamsha Hamsa50% sold at launch · 2025
Customers served7,500+ to date
Hayyan lagoonUAE's largest · Active 2026
ACRES 2026Active exhibitor · Jan 2026
Active flagship projects
Hayyan · Swimmable Lagoon
Al Mamsha
Olfah
Al Jada
Tier 2 · Government-Linked
Tilal Properties
Sharjah government-linked · Integrated communities · Tilal City flagship
86
/ 100
Backing
Gov.-linked
Sharjah government
Escrow Compliance
100%
SRERD registered
Delivery Record
Strong
Multi-phase delivery
Escrow compliance
100%
Government-linked developer — sovereign support reduces systemic risk. Tilal City is a master-planned community with proven demand
Systemic riskVery low · Gov-linked
FocusIntegrated communities
Tilal City phasesMultiple delivered
2026 pipelineActive launches
Active flagship projects
Tilal City
Tilal Residences
Tilal Commercial
Tier 2 · Government + Majid Al Futtaim JV
Sharjah Holding
Sharjah Govt × Majid Al Futtaim JV · Al Zahia flagship · Cultural heritage focus
87
/ 100
JV Partner
MAF
Majid Al Futtaim · AA rated
Gov. Backing
Sovereign
Sharjah government
Escrow
100%
SRERD verified
Escrow compliance
100%
Dual sovereign backing (Sharjah govt + Majid Al Futtaim). MAF carries Moody's A3 / S&P A- rating — institutional-grade JV partner
Al Zahia statusLive & expanding
Matajer mallsRetail expansion
Heritage focusEmirati values
Systemic riskVery low
Tier 2 · Regional Master Developer
Eagle Hills
Abu Dhabi-based · 20+ projects · Maryam Island Sharjah · Smart community focus
82
/ 100
Projects Count
20+
GCC-wide portfolio
Escrow Compliance
100%
SRERD · Full compliance
Govt. Partnerships
Multiple
Govt-backed regional
Escrow compliance
100%
GCC-wide track record with government partnership model. Maryam Island delivers waterfront luxury with consistent phased delivery
Fitch / Moody'sNot rated
Maryam IslandCompletion 2027
GCC projectsAbu Dhabi + Bahrain
Price rangeAED 1.5M–5M · Villas
Active flagship projects
Maryam Island
Perla 1 & 2
Maryam Gate
Tier 2 · International Developer
IFA Hotels & Resorts
International · Al Tay Hills flagship · 80% sold in first week 2025
78
/ 100
Al Tay Hills
80% sold
First week launch · Feb 2025
Escrow Compliance
100%
SRERD 2026 aligned
Savills Freehold Units
12,361
Industry-wide launches Sharjah 2025
Escrow compliance
100%
Strong demand signal (80% sold in week 1). International developer — verify specific project SRERD registration and construction milestones
Fitch / Moody'sNot rated
Savills Nov 2025Top 3 Sharjah dev
Al Tay Hills pricingAED 780/sqft · Active
2026 pipelineContinued Sharjah expansion
Tier 2 · Government-Linked · Sustainability Pioneer
Beeah Group
Sharjah government-linked · Zaha Hadid Architects · Khalid Bin Sultan City
84
/ 100
Gov. Backing
Sharjah
Government-linked entity
Architecture
Zaha Hadid
World-class design firm
Distinction
UAE 1st
Fully master-planned SHJ
Escrow compliance
100%
UAE's first fully master-planned sustainable community in Sharjah — confirmed in Savills Nov 2025 report as a benchmark. Rawdat Al Sidr recorded AED 567.5M in Jan 2026 transactions. Government links + Zaha Hadid design = institutional-grade commitment
ProjectKhalid Bin Sultan City
LocationRawdat Al Sidr · AED 567M area
Savills Nov 2025UAE first: Zaha Hadid SHJ
StatusActive · 2025–2027
Tier 1 · Sharjah Investment Authority
Shurooq (SIPA)
Sharjah Investment & Promotion Authority · Sovereign entity · Tourism + residential
90
/ 100
Entity Type
Sovereign
Sharjah Investment Auth.
Default Risk
Near Zero
Govt. cannot default
Escrow
100%
SRERD sovereign
Escrow compliance — sovereign
100%
As the Sharjah Investment & Promotion Authority, Shurooq carries sovereign backing. No credit rating required — the entity IS the sovereign credit
Risk classificationSovereign
FDI H1 2025$1.5B · Highest N. Emirates
Ajmal MakanBeach city · Active 2026
Best forRisk-averse buyers
Tier 2 · Mid-Market
Omran Properties
Sharjah-based · Affordable residential · Family communities
71
/ 100
Escrow Compliance
100%
SRERD registered
Segment
Affordable
Entry-level freehold
Scale
Mid-market
Smaller balance sheet
Escrow compliance
100%
Legally SRERD-protected. Mid-market developer without formal credit rating. Verify specific project construction progress before purchasing
Fitch / Moody'sNot rated
Best forAffordable entry
Risk vs Tier 1Moderate
VerificationRequired per project
Tier 3 · Established but Unrated
Tiger Properties
Est. 1976 · Long history · Sharjah residential & commercial projects
65
/ 100
History
50 yrs
Est. 1976 · Longest in UAE
Escrow
100%
Legal mandate
Financial data
Limited
Private · Not published
Escrow compliance
Legal min.
50 years of history is a positive signal but modern financial disclosures are limited. Verify per-project SRERD escrow status before committing
Fitch / Moody'sNot rated
Track recordLong but opaque
Financial disclosurePrivate · Limited
Longevity signal50 yr market survival
Quick Comparison — All Sharjah Developers
| Developer | Health Score | Tier | Fitch / Moody's | Escrow Status | 2024–25 Sales | On-Time Delivery | Verdict |
|---|---|---|---|---|---|---|---|
| Shurooq (SIPA) | 90 | Tier 1 | Sovereign | 100% · Sovereign | N/A (sovereign) | — | Sovereign |
| Arada | 92 | Tier 1 | Fitch + Moody's | 100% · SRERD | AED 17.3B (FY2025) | 96% | Exemplary |
| Alef Group | 88 | Tier 2 | Not rated | 100% · SRERD | AED 1.37B at ACRES | 90% | Very Strong |
| Sharjah Holding | 87 | Tier 2 | MAF: A3/A- | 100% · SRERD | Active · Al Zahia | Strong | Very Strong |
| Tilal Properties | 86 | Tier 2 | Not rated | 100% · SRERD | Gov.-linked | Strong | Very Strong |
| Beeah Group | 84 | Tier 2 | Not rated | 100% · SRERD | Gov.-linked | Strong | Strong |
| Eagle Hills | 82 | Tier 2 | Not rated | 100% · SRERD | Regional pipeline | Good | Strong |
| IFA Hotels & Resorts | 78 | Tier 2 | Not rated | 100% · SRERD | 80% sold Week 1 | Verify | Solid/Verify |
| Omran Properties | 71 | Tier 2 | Not rated | Legal mandate | Mid-market | Moderate | Caution |
| Tiger Properties | 65 | Tier 3 | Not rated | Legal mandate | Private / limited | Limited data | Caution |
Scores based on: SRERD Full-Year 2025 Report (Jan 2026, AED 65.6B) · SRERD January 2026 monthly release · Savills Sharjah Report Nov 2025 · Arada Annual Results Jan 2026 · Arabian Business · Khaleej Times.
Arada full-year 2025: AED 17.3B sales, 5,140 units, AED 130B pipeline (Jan 2026). Sharjah market 2025: 132,659 transactions, 129 nationalities, +64.3% YoY. Escrow law introduced ACRES Jan 2026.
This page is for informational purposes only. Not financial or investment advice. Verify all project escrow status directly with SRERD before purchasing.
Arada full-year 2025: AED 17.3B sales, 5,140 units, AED 130B pipeline (Jan 2026). Sharjah market 2025: 132,659 transactions, 129 nationalities, +64.3% YoY. Escrow law introduced ACRES Jan 2026.
This page is for informational purposes only. Not financial or investment advice. Verify all project escrow status directly with SRERD before purchasing.
Developer Intelligence 2026
