Sharjah offers discount on purchase fee, reduces selling cost at real estate exhibition

Those participating in Sharjah's ACRES real estate exhibition will be paying a reduced transaction fee this year after a decision by the Sharjah Executive Council.

Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the SEC, approved the reduction in sale and purchase fees for transactions at the exhibition.

Recommended For You

Oman, Iran say will establish temporary lane through Strait of Hormuz, clear mines

7-year-old Indian girl dies after falling from third-floor apartment in Sharjah

US to impose new Iran sanctions on tech, gold, aviation, shipping

UAE's Gargash says Iran war 'moving into new phase' after US announces new sanctions

UAE diplomat says US-Iran confrontation 'moving into new phase'

 

The Sharjah Executive Council's decision includes a 0.5 per cent reduction in selling fees for developers. There will also be discounts on purchase fees which includes a one per cent discount for UAE and GCC citizens and two per cent for other nationalities.

Follow KT on WhatsApp Channels.

This move is expected to boost sales, attract investors, and elevate Sharjah's real estate market.

The event will be running from January 22 to 25 in 2025 at Expo Centre Sharjah.

It will feature a range of developers and investment companies, showcasing new projects and offering exclusive deals.

ALSO READ:

Sharjah: Projects worth over Dh20 million implemented to develop electricity networks

Sharjah Ruler directs allocation of 160 land plots to citizens in Khorfakkan

Sharjah issues decision regarding collection, regulation of donations