Top areas for Expats to buy a property in Sharjah

If you are a Global property buyer and want to invest in properties in Sharjah then you are in the right place.

Top areas for Expats to buy a property in Sharjah

Global property buyers who want to invest in properties in the United Arab Emirates have realized that Sharjah is a good investment destination. Thus foreign investors interested in investing in real estate in Sharjah have a rather unique list of options available to them within the emirate. Due to the fact the cultured center of the United Arab Emirates is gearing up to address the region's increasing housing demands with themes that are sustainable as well as fascinating for community living many new developments are emerging all over the city.

Can Expats Buy Property in Sharjah?

The Sharjah government made radical adjustments to the real estate possession laws that concern foreign investors in real estate in 2014. Originally the modifications allowed non-GCC nationals to buy properties for sale in Sharjah, provided they held a residency visa. However, five houses only could be purchased by foreign buyers.

In 2018 there was a new law that permitted foreign investors to acquire leasehold real estate in Sharjah without the same need for a resident permit. On the other hand, the government changed the regulation of real estate in 2022 and provided a clear route to inheritance associated with freehold property. These are the many favorite zones for foreign investors in Sharjah now, but more shifts are expected in the future.

Best Areas for Expat Property Investment in Sharjah

Considering the necessity, preferences, and daily routine of the people intending to invest in the houses and apartments in Sharjah, several choices of the international investors can be easily traced including apartments, townhouses, villas, duplexes, and even the plots of the residential buildings. The Sharjah property market may attract foreign buyers in its available flats and villas for rent & sale.

These are the top areas for foreigners to invest in Sharjah’s real estate.

ALJADA

Aljada is a free zone property market and the first of its type in Sharjah and is conveniently located near University City and the SAIF zone. Irrespective of the odds Sharjah has an exceptional urban community that meets all the employment, leisure retail, entertainment, and living standards that’s why Sharjah real estate has been successfully sold to foreign investors.

AL MAMSHA

Next, we have the Al Mamsha, a mixed-use neighborhood that is also among the best places foreign investors can invest in Sharjah’s real estate market. A new set of leasehold apartments for sale at Al Mamsha is a new leasehold apartment in Sharjah; the area has emerged as a modern city that incorporates some aspects of modern life such as a shopping mall among others. However, other than the different design, it has other attractant shopping and leisure areas that make the region an excellent place to locate.

TILAL CITY

Tilal City is an investor’s haven. This exceptional opportunity gives you a very rare chance to own a leasehold land in Sharjah and build your own house.

Located on the Emirates Road E611 is this mixed-use development covering an area of 25 million square feet. Tilal City is the first master-planned community located in Sharjah with a strong emphasis on community satisfaction. There are four main sections of Tilal City: of residential, commercial, entertainment, and retail buildings. Consequently, it could be expected that Tilal City has turned into one of the most popular areas attracting foreign investments in Sharjah.

Conclusion

These are the best areas where one can identify a family house in case one looks at investing in a residential area in Sharjah.

On the same note, some statutes have been changed by Sharjah legislative reforms to benefit international investors. Likewise, several areas in Sharjah seem to attract the lion's share of most foreign investments, and they are likely to experience an even higher inflow of capital as the government continues to propose more legal reforms.

You now possess the answer to the question of, “Where should I invest in Sharjah?” if you want to stay current on Sharjah’s and the UAE’s real estate news and statistics.

 

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