𝗪𝗵𝘆 𝗶𝘀 𝗶𝘁 𝗽𝗿𝗼𝗳𝗶𝘁𝗮𝗯𝗹𝗲 𝘁𝗼 𝗯𝘂𝘆 𝗿𝗲𝗮𝗹 𝗲𝘀𝘁𝗮𝘁𝗲 𝗶𝗻 𝘁𝗵𝗲 𝗦𝗵𝗮𝗿𝗷𝗮𝗵 𝗮𝗿𝗲𝗮?
The emirate of Sharjah is a fast-growing market for international investors interested in the property market. There is a wide choice of real estate for people of all ages and backgrounds, including apartments, villas, townhouses, duplexes and land plots.
Since 2014, expats from any state holding a UAE residency visa are permitted to purchase real estate in Sharjah, under leases of up to 100 years. Currently, due to the new amendments, overseas investors can buy real estate in Sharjah without a residency visa, but only in specific areas.
Real estate market in Sharjah offers excellent investment and lifestyle opportunities due to the constant growth in the population of the emirate and the UAE’s ever-increasing tourist attractiveness. In addition, Sharjah is an industrial emirate and a major economic and trade hub of the UAE, therefore properties are in high demand among business professionals. The average ROI of properties in Sharjah constitutes 4-6%.
