• Home
  • Real Estate News

Real Estate News

  • Article

    Sharjah Ruler issues decree on expropriation of real estate

    May 13th 2020Sharjah, Sharjah properties

    H.H. Dr. Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, issued Decree-Law No. (2) of 2020 on the expropriation of real estate for the public benefit in the Emirate of Sharjah. The new Decree-Law stipulates that property may not be expropriated except in the public interest and in exchange for […]

    Read more
  • Article

    Sharjah records Dh3.6 billion in Q1-2020 real estate deals

    April 16th 2020GulfNews, Sharjah

    Gulf News: Sharjah’s property market recorded Dh3.6 billion from 18,537 restate transactions in the first three months, with the city area taking up 632 transactions valued at Dh967.40 million. The popular regions were Al Khan, Al Nahda, and Al Tai, where most apartments were registered. With the COVID-19 outbreak, Sharjah has been intent on easing […]

    Read more
  • Blog, Press Release

    68% of Al Mamsha Project Phase 1 completed

    April 14th 2020Al Mamsha, Alef Group, Sharjah

    The Sharjah-based developer Alef Group, a pioneer in developing premier lifestyle communities, destinations and experiences through investment and strategic joint ventures, has announced that 68% of construction on the first phase of the multi-use project “Al Mamsha” has been completed. The phase one consist of 7 buildings, 693 housing units and 88 A commercial stores, […]

    Read more
  • Press Release

    Sharjah’s Real Estate Registration Department starts remote work scheme

    April 3rd 2020

    The Sharjah Real Estate Registration Department has announced that its employees will now work from home, in a bid to curb the spread of COVID-19. In a statement, the department said that the move is in line with the UAE government’s ongoing efforts to reduce the risk infection and transmission of the viral pandemic. The […]

    Read more
  • Article, Blog

    Covid-19 in UAE: Rent waiver for retail, hospitality tenants in Abu Dhabi

    March 23rd 2020

    An Abu Dhabi-based real estate developer has waived off rents for all retail and hospitality tenants – in its portfolio – for three months. International Capital Trading (ICT) offers to support business partners and tenants in Nation Towers on Corniche Road, United Square in Khalidiya and Cubes Park in Mussafah. Also community and residential developments […]

    Read more
  • Press Release

    Al Zahia launches second phase of Uptown neighbourhood due to high demand

    March 16th 2020Al Zahia Project, Majid Al Futtaim Properties, Sharjah, Sharjah Holding

    Sharjah: Sharjah Holding PJSC, a strategic partnership between Majid Al Futtaim Properties and Sharjah Asset Management, has responded to high demand for residences at its Uptown Al Zahia neighbourhood by launching the community’s second phase. Uptown Phase two kicks off with the newly released Woroud 3 residential building. In a first for a Sharjah development, the latest phase also introduces […]

    Read more