Sharjah’s highly anticipated ACRES real estate exhibition, scheduled to take place from January 22 to 25, 2025, at the Expo Centre Sharjah, will feature a significant reduction in transaction fees for both developers and buyers.
This move, announced by the Sharjah Executive Council (SEC), is expected to boost the emirate’s real estate market and attract a broader range of investors.
In a decision approved by Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the SEC, the selling fees for developers will be reduced by 0.5 percent.
The purchase fees will also be subject to discounts, with UAE and GCC citizens receiving a one percent reduction and buyers from other nationalities benefiting from a two percent discount.
The strategic fee reductions come at a time when Sharjah is working to enhance its position as a key player in the UAE’s real estate sector.
By lowering the costs associated with buying and selling property, the SEC aims to encourage more investment and elevate the emirate’s real estate market, which has shown resilience in recent years despite global challenges.
The 2025 ACRES exhibition will showcase an array of developers, investment companies, and property projects, offering exclusive deals to attendees.
With new residential and commercial developments expected to be featured, the event promises to be a significant opportunity for buyers and investors to discover cutting-edge projects and secure favorable deals in a competitive market.
Experts believe that the reduction in transaction fees could further stimulate the local property market, which has seen consistent growth driven by strong demand from both local and international investors.
The discounts are expected to particularly benefit first-time buyers and those looking to expand their property portfolios. The Sharjah Executive Council’s decision aligns with broader efforts to make the emirate a more attractive destination for real estate investment.
By offering competitive incentives such as these reduced fees, Sharjah is positioning itself as an appealing choice for investors looking for value and growth potential in the UAE’s diverse property market.
The ACRES exhibition itself is expected to be a dynamic platform for networking and business development, with a wide variety of new projects set to be showcased.
Attendees can expect to find developments across different sectors, from luxury residential communities to commercial spaces and investment opportunities in emerging areas.
As Sharjah continues to grow as a leading real estate hub in the region, the 2025 ACRES exhibition will undoubtedly be a key event for developers, investors, and homebuyers alike.
With its reduced fees and a wealth of investment opportunities, the exhibition is poised to drive interest in Sharjah’s ever-expanding property market and attract both regional and international investors looking to capitalize on the emirate’s thriving real estate sector.
With the approval of the new fee structure and the exhibition’s impending arrival, Sharjah is setting the stage for another successful year in real estate development and investment.