The Sharjah Executive Council’s (SEC) decision to lower property transaction fees during ACRES 2025 will greatly boost the emirate’s real estate market, according to the ACRES organizing committee.
By approving the decrease in selling and purchase fees for transactions at the exhibition, Crown Prince H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Chairman of the SEC, enhanced Sharjah’s standing as a top real estate investment destination.
The event will take place at Expo Centre Sharjah from January 22 to 25, 2025, and is organized by the Sharjah Chamber of Commerce and Industry in association with the Sharjah Real Estate Registration Department. It will showcase innovative developments and provide special discounts from a variety of developers and investment firms.
The SEC’s ruling includes discounts on purchase costs of 1% for nationals of the UAE and GCC and 2% for citizens of other countries, as well as a 0.5% reduction in selling fees for developers. It is anticipated that this action will increase sales, draw in investors, and improve the Sharjah real estate market.
Additionally, the show will present innovative developments and trends, solidifying Sharjah’s position as a major global center for real estate.
