The real estate market in Sharjah is a totally different one as compared to those in other countries. The huge amount of investment coming into the UAE and the business growth that the country has seen makes the conditions of the real estate market different as well. The requirements are different, the uses are different and the demand and supply forces act differently as well.
Majority of the deals were recorded within Sharjah City, then by Muwailah Commercial area, Al Khan, Al Nahda, and Hushi. The deal values topped at AED 2.2 billion in February compared to AED 1.7 billion in March and AED 1.3 billion in January. Residential real estate ranked first in sales deals, which were followed by commercial, industrial and agricultural properties. The 996 mortgage transactions during the period were worth AED 2.97 billion.
Investment in real estate in Sharjah is something that you should look for since it has the potential to provide you returns that you might not have thought of. Now is the time to take action.
1. Facilities and ease
Sharjah provides you with world-class infrastructure living. Facilities like schools, hospitals, markets, and colleges all provide the best quality services. The roads are spick and span and there isn’t much to worry about. Housing is affordable and everything is so organized that your life becomes comfortable automatically.
The growth in business has triggered growth in other services as well. The population is increasing and so the facilities are also being improved and expanded by the government which ultimately benefits you.
2. You can earn attractive rents
The high return on investment in the form of rent from your property in Sharjah is something that you should be happy about. Once you have made an investment in Sharjah’s real estate, it is bound to give you good results. You will not only enjoy the rents but also the increase in the asset value over time.
3. Diverse locations
Like in every other city or country, some areas are more populated with people from a certain background or another country because they want to create a community to help themselves survive among people from different cultures in the UAE. It is for this reason that people find real estate investments very attractive. There is a lot of demand for houses, apartments, and shops in the UAE from people with different backgrounds and you won’t find it hard to get demand for your real estate asset.
4. New residency policy
The UAE recently announced that investors can have residency visas that are valid for 10 years. This makes the investment in real estate in Sharjah a no-brainer because this means that demand for real estate is bound to grow in the coming years now that the residency period has been improved for foreigners.
You cannot afford to delay your investment decision. Let us help you make the right decision. Call us now or shoot us an email.