Real Estate Boom in Sharjah
The UAE is amongst the few countries of the world that take pride in being a global mosaic. With individuals from different nationalities contributing to the overall zest and culture of the country, the government acknowledged this change.
According to the Sharjah Executive Council (SEC), individuals from all nationalities can now fully own real estate property without any time restriction. The decree, in turn, has allowed citizens of all countries to own real estate of all forms and uses in Sharjah.
Company formation in the UAE, thereby, has become easier for entrepreneurs from all over the world. As an investor and owner of real estate property, one can reap benefits akin to that of UAE nationals.
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As a businessperson, if you are looking forward to establishing a real estate consultancy business in the UAE, then read on. In this blog, we will explore,
- The UAE real estate market’s potential
- Why choose SPC Free Zone?
What is the UAE Real Estate Market Potential?
Real estate in Sharjah serves an integral role in the United Arab Emirate’s economic diversification. The properties for sale in Sharjah range from furnished offices for rent in Sharjah to apartments and villas.
Buying a property in the UAE has become a lucrative opportunity over time. From villas and apartments to commercial spaces, the real estate market of the UAE is showing exponential growth.
Real estate activities across the country contribute to around 5.5 percent of the UAE’s overall gross domestic product. As a global player, the UAE’s Real Estate Boom in Sharjah industry has become pivotal.
In 2019, the collective brand value of real estate companies residing in the UAE amounted to 2.7 billion USD, placing it right behind two other key players in the world.
It has been recently forecasted that the real estate activities in the UAE will amount to approximately 21.5 billion dollars by 2024. With more than 21,615 real estate transactions in Sharjah, the real estate sector in the emirate is recovering.
Start your Real Estate Consultancy Business with SPCFZ
We can assist you if you look forward to establishing a real estate consultancy business in Sharjah. At SPC Free Zone, we understand that the intricacies of obtaining a license, establishing a consultancy business and renewing it all can seem tedious. To assist entrepreneurs like yourself, we provide hassle-free business setup services so you can also get benefit of Real Estate Boom in Sharjah.
With SPC Free Zone, businesses can maximise their profits with zero paid-up share capital, and 100% foreign ownership.
At SPC Free Zone, we also provide e-commerce and general trading license for all commercial activities. We aim to give business owners the tools and knowledge they need to navigate the real estate industry.
Set up your business with SPC Free Zone today!