Sharma, winner of Joburg Open in December, has now shot rounds of 71-70-70 to be five-under 211. He is the lone Indian in the field, which includes World No.1 Dustin Johnson and former World No. 1 Rory McIlroy.
EurAsia Cup team-mates Ross Fisher (65) and Thomas Pieters (67) share the lead after an enthralling third round and four-time Major winner McIlroy is just a shot off the pace.
McIlroy (65) was third, while Johnson (68) was Tied-12th.
The big-hitting Belgian Pieters had powered into a one shot lead with a flawless 65 on Friday, but had to add four front-nine birdies when play resumed at Abu Dhabi Golf Club to remain ahead of the chasing pack as Matt Fitzpatrick surged through the field.
The birdies dried up somewhat on the back nine for both players, and eventually it was Fisher who caught Pieters on 17 under par.
The Northern Irishman has been out since October to allow a rib injury to fully heal.
Fitzpatrick and defending champion Tommy Fleetwood share fourth on 14 under as members of Thomas Bjrn's victorious European side from last week's contest with Asia fill four of the top five places.
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