Pavitra Shetty
Published on January 17, 2024, 17:24:11
Investors and homebuyers in Sharjah are in for a treat as the Sharjah Real Estate Exhibition – Acres 2024 introduces a limited-time offer with a generous 50 per cent discount on registration fees.
Issued jointly by the Sharjah Chamber of Commerce and Industry and the Real Estate Registration Department, this exclusive offer is part of a strategic initiative to fortify the real estate sector.
Running from January 17 to 20 at Expo Centre Sharjah, Acres 2024 introduces reduced buying and selling fees, approved by the Sharjah Executive Council. This initiative aligns with Resolution No. 30, enacted in November 2022, allowing all nationalities to own various types of real estate.
Abdulaziz Ahmed Al Shamsi, Director-General of Sharjah Real Estate Registration Department, highlighted how the emirate's growth in population and investments is met by the surge in demand for residential units.
Under this special offer during Acres 2024, real estate developers will incur selling fees of 0.5 per cent, while UAE and GCC nationals will pay only one per cent purchasing fees. Other nationalities will pay only a two per cent fee during the exhibition.
With 372 new real estate projects showcased from the UAE, Oman, Jordan, Georgia, Egypt and Turkey, Acres 2024 offers a diverse range of opportunities. The event also includes panel discussions, workshops and industry talks in Arabic and English by leading experts.
To accommodate the heightened interest, the exhibition space has expanded by 60 per cent, promising an enriching experience for all attendees.
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