Sharjah real estate sector on growth path; Arrived in 56 countries

Sharjah real estate sector on growth path; Arrived in 56 countries
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According to Abdul Aziz Ahmed Al Shamsi (Director General, Sharjah Real Estate Registration Department), Sharjah Sharjah’s property sector is experiencing significant growth. Supreme Council member and ruler Dr. This was due to the outstanding support provided by Sheikh Sultan bin Mohammed Al Qasimi.

Al-Shamsi noted that transactions in the first quarter 2022 were worth more than six billion dirhams. This is a good indicator for business income. This growth rate is expected to continue. He said that if this happens, it would help to ensure stability in the region. Al-Shamsi made these remarks in a statement to Emirates News Agency.

“We view this as a sign of recovery from economic incentives initiated federally and locally. He said that the Emirate has witnessed similar residential, commercial, and industrial projects being launched in different cities.

Shamsi stated that the most desirable residential and commercial areas of the emirate were Muwailih and Al Khan, Roudat Al Kurt and Al Majaz 3, and Al-Saja along Khor Fakkan Road. Al Tayeb 2 will be included in the Central Region, Al Harai, Khor Fakkan, and Kalba, in the Eastern Region. Al-Shamsi stated that Sharjah has seen 56 foreign investors in the last year. There are 345 real-estate offices in Sharjah.

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