Stay up to date with the latest market news
At the recently concluded Acres Real Estate Investment Exhibition 2019 at Expo Center Sharjah, Saeed Ghanim Al Suwaidi, the chairman of the Real Estate Sector Business Groups at the Sharjah Chamber of Commerce & Industry, stressed the importance of the real estate sector becoming one of the key pillars of Sharjah’s economic diversification strategy.
The exhibition promotes investing in real estate in the emirate, the UAE and the wider GCC region. The chairman was joined by other dignitaries and government officials in noting the growth of Sharjah’s real estate offerings. Indeed, over the past few years, Sharjah’s real estate sector is leading economic growth and contributing to a balanced share of the emirate’s GDP, according to Abdul Aziz Ahmed Al Shamsi, director general of the Sharjah Real Estate Registration Directorate.
Speaking at the exhibition, Al Shamsi said, “The emirate of Sharjah represents an attractive destination for housing and investment due to its various competitive advantages, including its unique geographical location and availability of all decent life qualities in terms of its advanced infrastructure and outstanding recreational facilities.”
Sharjah continues to offer strong residential property investment opportunities, with its safe and secure environment, and cultural activities attracting residents from across the UAE. Issa Ataya, the managing director of Alef Group, also present at the exhibition, explained that projects like Al Mamsha were attracting the attention of regional and international investors. “An increasing trust among end users, as well as institutional investors, has helped us woo more buyers for the Dh3 billion Al Mamsha development, which is also Sharjah’s first fully walkable community,” he said. The project is a car-free community concept.
Cavendish Maxwell is the MENA region’s leading firm of property consultants and chartered surveyors. If you are looking for professional real estate consultation or advice on property related matters, please get in touch.
Stay up to date
|_ga||2 years||The _ga cookie, installed by Google Analytics, calculates visitor, session and campaign data and also keeps track of site usage for the site's analytics report. The cookie stores information anonymously and assigns a randomly generated number to recognize unique visitors.|
|_ga_34E12VSHW6||2 years||This cookie is installed by Google Analytics.|
|_gat_gtag_UA_66458947_1||1 minute||Set by Google to distinguish users.|
|_gat_UA-66458947-1||session||A variation of the _gat cookie set by Google Analytics and Google Tag Manager to allow website owners to track visitor behaviour and measure site performance. The pattern element in the name contains the unique identity number of the account or website it relates to.|
|_gid||1 day||Installed by Google Analytics, _gid cookie stores information on how visitors use a website, while also creating an analytics report of the website's performance. Some of the data that are collected include the number of visitors, their source, and the pages they visit anonymously.|
|cookielawinfo-checkbox-statistics||1 year||This cookie is set by the GDPR Cookie Consent plugin to store the user consent for the cookies in the category "Statistics".|