Majid bin Sultan inagurates "ACRES 2023"

After the official opening, Sheikh Majid checked the exhibition’s pavilions and platforms of the real estate companies, institutions, and government entities. He was also briefed on the real estate projects that have been implemented in Sharjah, and those that are planned to start in the near future by major real estate companies and developers, due to the rapid growth, prosperity, and the continuous investors’ demands.

In addition, Sheikh Majid was also briefed on the latest technical, engineering, and architectural innovations in the real estate development sector, which are run by companies and institutions operating in real estate investment. These companies and institutions have chosen Sharjah as a center to launch their projects, and to highlight their real estate services specialized in construction, building, design, real estate development, and other services.

The opening ceremony was attended by Abdalla Sultan Al-Owais, Chairman of Sharjah Chamber of Commerce and Industry (SCCI), Abdulaziz Ahmed Al-Shamsi, Director General of Sharjah Real Estate Registration Department, Saif Mohamed Al-Midfa, CEO of Expo Center Sharjah, Saeed Ghanem Al-Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group at (SCCI), and Chairman of the Organizing Committee of “ACRES”, Nasir Musabeh Ahmed Al-Tunaiji, Board Member of the Directors of (SCCI), and Ibrahim Rashid Al Jarwan, Director of Economic Relations and Marketing at (SCCI).

The exhibition, in its current session, is witnessing a wide participation from major local and regional companies specialized in the field of real estate development and investment, construction, and banks and financial banking institutions. Moreover, there is a huge participation from real estate agents and brokers, decoration companies, interior and exterior designers, in addition to engineering services companies, project management companies, and a number of relevant private and government departments and institutions.

Moreover, “ACRES 2023” also includes this year, and for the first time in its history, a special pavilion for emerging companies in the field of digital technology and e-marketing, in an aim to achieve diversity, increase the competitiveness, create a multidimensional activity in the real estate market, and attracting the interest of a larger segment of investors and developers. In addition, these pavilions will also give the companies the opportunity to promote their products and meet their target audience.  The introduction of these new pavilions corresponds to the development witnessed by the real estate sector locally, internationally, and globally.

“ACRES 2023” is officially sponsored by the Department of Town Planning and Survey in Sharjah, Sharjah Economic Development Department, and Sharjah Municipality, with media sponsorship from Sharjah Broadcasting Authority, and academic sponsorship from the Innovation Experts Real Estate Institute in Dubai, and the ThinkProp Real Estate Training Institute in Abu Dhabi, in addition to the support of Expo Center Sharjah, which hosting the exhibition in its buildings.

Abdalla Sultan Al-Owais, Chairman of Sharjah Chamber of Commerce and Industry (SCCI), said: ““ACRES” has been able over the past years to become a major destination for the investment plans of regional real estate companies, and investors wishing to view the pioneering real estate projects in the UAE in general, and Sharjah in particular. It presents a great opportunity for them to make decisions about starting new projects, or entering into strategic partnerships with other investors.”.

Al Owais also explained that ““ACRES” has become one of the most prominent exhibitions among the specialized exhibitions organized by Sharjah Expo Center throughout the year, and it has a great impact on various economic sectors related to the exhibitions’ industry, which is what the Chamber always seeks to achieve by developing the business environment in Sharjah in general.".

He pointed out that there’s "a great responsibility assumed by each of the Sharjah Chamber of Commerce and Industry and Sharjah Real Estate Registration Department in introducing investment opportunities in the emirate at all levels and in various regional and international forums, which was positively reflected in the participation of major real estate companies and institutions in the exhibition this year."

Al-Owais also indicated that the exhibition achieves great success annually, as it corresponds to the great growth witnessed by the real estate sector in Sharjah, amid a remarkable demand by investors and individuals to own real estate, and the diversity of options and financing facilities provided by companies and participants in the exhibition.

For his part, Abdulaziz Ahmed Al Shamsi, Director General of Sharjah Real Estate Registration Department, said, "the Department always aims to develop the exhibition and the services it provides to achieve the aspirations of our wise leadership, and to showcase the large and diverse investment opportunities which Sharjah provides to the business sector, investors, and real estate developers."

Al Shamsi expressed the highest verses of gratitude to His Highness Sheikh Dr. Sultan bin Mohammed Al Qasimi, Supreme Council Member and Ruler of Sharjah, and Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, for their constant follow-up and wise guidance which enhance the department's achievements, and support the success of its events and activities; including "ACRES",  which eventually serves the emirate's vision aimed at achieving sustainable development and economic diversity.

He stated that the Department is participating in the exhibition through its own pavilion, which includes providing all the realistic and digital services to its customers. He also pointed out that "the exhibition is part of the Department's strategy aimed at the ideal promotion of investment in the real estate sector in Sharjah, and the introduction of the advantages and incentives provided to the business sector, developers, and real estate investors from different countries around the world."

Saeed Ghanem Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group at SCCI, and Chairman of the Organizing Committee of “ACRES”, said: “The exhibition has an important role in stimulating the real estate investment movement in all its fields in Sharjah, and it is considered an important window for developers, investors, and all companies and institutions operating in the real estate sector to promote their projects, and start partnerships with each other to implement new projects.”.

Al Suwaidi also stated that “the exhibition serves as an interactive platform for all entities operating in the real estate sector to meet, exchange opinions and suggestions, and to share experiences on developing the real estate market in the emirate, and supporting it to continue its prosperity as a pivotal sector for the economy of Sharjah and the UAE.”.

The exhibition is open to visitors daily from 10:00 AM until 8:00 PM, and on Friday from 3:00 PM until 9:00 PM. “ACRES” contributes to highlighting the comprehensive urban renaissance in Sharjah, and the investment opportunities which abounds in the emirate in all fields and through various sectors. On the exhibition’s sideline, a ceremony will be held for signing a number of memorandums of understanding and cooperation with a number of local and international bodies to improve the real estate sector in Sharjah.

The Organizing Committee is also preparing for the visitors a schedule full of accompanying awareness and educational activities, and an integrated program of free training courses, workshops, and specialized discussion sessions in both Arabic and English languages. The topics will include the most important legislations and regulations for ownership in Sharjah, the latest technologies used in the real estate field, the basics of excellence in sales, financial management skills, information about investment and construction contracts, and many other topics of interest to people interested in the real estate affairs. Finally, certificates of attendance will also be provided to the participants in these courses and sessions throughout the days of the exhibition.