His Highness Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council, approved a reduction in the sale and purchase fees for transactions that will be executed at the ACRES Real Estate Exhibition 2025. The move aims to further solidify Sharjah’s position as leading global destination for real estate investment.
Organised by the Sharjah Chamber of Commerce and Industry (SCCI) in collaboration with the Sharjah Real Estate Registration Department (SRERD), the exhibition will take place from January 22 to 25, 2025, at Expo Centre Sharjah. It will host a distinguished lineup of major real estate development and investment companies from the UAE and the region, alongside new participants joining for the first time.
The event is expected to attract a wide audience of real estate enthusiasts, investors and opportunity seekers, offering an ideal platform to explore the latest market trends, uncover lucrative investment opportunities, and access exclusive offers and special deals provided by the exhibiting companies.
The 2025 edition is also set to feature the launch of several new and groundbreaking real estate projects, making their debut at the exhibition.
H.E. Abdulaziz Ahmed Al Shamsi, Director-General of the Sharjah Real Estate Registration Department (SRERD), stated, "The decision of Sharjah’s Executive Council, headed by His Highness Sheikh Sultan bin Mohammed bin Sultan Al-Qasimi, Crown Prince, Deputy Ruler of Sharjah, and Chairman of the Executive Council, to reduce the selling and buying fees at the Sharjah Real Estate Exhibition "ACRES 2025”, reflects the emirate's commitment to supporting the real estate and enhancing its attractiveness to investors of various nationalities."
Al-Shamsi added: "The decision includes a reduction of the selling fees by 0.5% for real estate developers, and the purchase fees by 1% for UAE and GCC citizens, and by 2% for other nationalities. This marks a qualitative step that will increase sales volume and attract new investors from local and foreign capitals to invest in Sharjah’s real estate. It will also contribute to strengthening the emirate's position as a promising investment destination and an ideal environment for living and working."
His Excellency also pointed out that the exhibition is considered a strategic platform to support real estate development and promote investment opportunities in the emirate.
Al-Shamsi concluded his statement by saying: "We are confident that this step will contribute to achieving sustainable growth for the real estate sector and enhancing Sharjah's position as a leading destination for real estate investment at the local and international levels, in line with the emirate's vision and development ambitions."
Saeed Ghanem Al Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group at SCCI and Chairman of the Organising Committee of the ACRES Real Estate Exhibition, lauded the unwavering support and patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, for the exhibition and other major economic events that contribute to advancing Sharjah’s sustainable development.
He affirmed that the decision issued by Sharjah Executive Council reinforces the emirate's strategic vision to bolster growth in the rapidly evolving real estate sector. The volume of real estate transactions in Sharjah notably increased by 35.6 percent during H1 2024 compared to H1 2023, with a total value of AED 18.2 billion, highlighting Sharjah's dynamic market potential.
Al Suwaidi emphasised the importance of SEC’s decision in enhancing the competitiveness of the ACRES Real Estate Exhibition, positioning it as a key platform for securing major real estate deals and drawing a diverse audience of visitors, entrepreneurs, and property investors and developers. This, therefore, will help the exhibition achieve its goals of driving further growth in the real estate sector, enhancing market activity, and spotlighting Sharjah's abundant investment opportunities within this dynamic industry.
For his part, Nawaf Obaid, CEO of Sharjah Real Estate Exhibition "ACRES”, extended his heartfelt gratitude to H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council, for his unwavering support of the exhibition.
He noted that SEC’s decision to reduce property transaction fees at ACRES 2025 marks a pivotal strategic move that will greatly contribute to sustainable growth in the Sharjah’s real estate sector and enhance the emirate’s appeal as a leading investment hub on both regional and global scales.
He affirmed that the decision reflects Sharjah's commitment to fostering a distinctive investment environment, energizing the real estate market, and boosting sales volumes, thereby enhancing the exhibition’s competitiveness and drawing a larger pool of investors and entrepreneurs.
Obaid added that the ACRES Real Estate Exhibition has become one of the premier real estate platforms in the UAE and the region, bringing together top developers and investors from around the globe under one roof. The exhibition serves as a gateway to exploring the latest trends and lucrative investment opportunities in the real estate market, in addition to unveiling future property projects and ventures.
He stressed that Sharjah Executive Council’s decision will further amplify the event’s success, solidifying its role in bolstering Sharjah’s position as a leading global destination for real estate investment.
For his part, Ahmed Alkhoshaibi, Group Chief Executive Officer of “Arada”, said that SEC’s decision represents another encouraging government initiative to ensure Sharjah’s real estate sector continues to thrive, reflecting the Emirate’s commitment to a dynamic, investor-friendly market.
“Recent government interventions have resulted in a huge increase in investment in Arada communities from around the world, and we’re excited to see the impact of this latest decision at ACRES in January”, he added.
Khaled Saeed Al-Abd Esbaitah, Chairman of IFA Hotels and Resorts Company, expressed his gratitude and appreciation to H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince, Deputy Ruler of Sharjah and Chairman of the Sharjah Executive Council, for SEC’s decision to reduce the sale and purchase fees for transactions that will be executed at the ACRES Real Estate 2025.
He stressed that this decision is a pivotal step in bolstering the growth of the real estate industry and reinforcing its attractiveness to entrepreneurs and investors alike.
Esbaitah added, “We are proud to be the gold sponsor of ACRES Real Estate Exhibition 2025. Our involvement reflects our aspiration to broaden our investments in the UAE, particularly in Sharjah, which has become a preferred destination for investors thanks to its secure and investor-friendly environment and its commitment to fostering and supporting the real estate sector”.
Engineer Raymond George Khazami, CEO of Al Thuraya Group, expressed his deepest gratitude and appreciation for the remarkable efforts exerted by officials in Sharjah to foster the real estate sector’s robust growth.
He anticipates strong sales momentum during the forthcoming ACRES Real Estate Exhibition 2025 at Expo Centre Sharjah, following the Sharjah Executive Council’s decision, led by H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, to cut sale and purchase fees on real estate transactions conducted during the exhibition. This move is expected to significantly stimulate sales, benefiting both customers who will save on registration fees and developers showcasing their projects during the exhibition.
Khazami confirmed that Al Thuraya, being a key player among the top real estate developers, is committed to its annual participation in the ACRES Real Estate Exhibition, as well as its role as one of its sponsors.
This participation allows the company to showcase its latest offerings and pioneering real estate projects, which feature elegant designs, premium finishes, contemporary amenities, and stunning views directly overlooking the waterfront of both the Al Khawaneej and Mamzar beach parks.
The units will be available for sale during ACRES Real Estate Exhibition 2025 to all nationalities, in full compliance with Sharjah’s regulatory frameworks governing property transactions.
In his remarks, Majd Al Zaiem, Director of Real Estate Development at Al Marwan Real Estate, emphasised the significance of ACRES Real Estate Exhibition 2025 as a strategic opportunity to present the company’s forward-looking vision.
He stated that Al Marwan’s participation in the exhibition underscores the company’s commitment to introducing groundbreaking projects that mark a transformative shift in the real estate sector, with a strong focus on innovation and quality as key pillars of the company’s identity.
He pointed out that ACRES 2025 provides an exceptional opportunity for real estate investors and the public alike to gain valuable insights into the emerging trends and innovations in the real estate market and explore strategic investment opportunities.
Additionally, the event will highlight a series of upcoming property projects that will redefine the market landscape and cement Sharjah’s position as a premier hub for real estate development.
ACRES Real Estate Exhibition enjoys the sponsorship of several government entities, including Sharjah Department of Town Planning and Survey, Sharjah Department of Housing, Sharjah Economic Development Department, and Sharjah City Municipality.
Media sponsorship to the exhibition is provided by the Sharjah Broadcasting Authority. The exhibition also boasts a gold sponsorship from both IFA Hotels and Resorts Company and Kuwait Real Estate Company (AQARAT), in addition to a silver sponsorship from Al Thuraya Group. Additionally, the exhibition receives academic sponsorship from the Innovation Experts Real Estate Institute and ThinkProp, a prominent real estate training institute.
The event also features significant participation from key players in the real estate sector, including project developers, real estate agents and brokers, banks and financial institutions, as well as property and project management companies.
ACRES Real Estate Exhibition aims to foster strategic networking among key stakeholders in the real estate market, including entrepreneurs, property developers and investors, potential buyers, real estate agents and experts, and representatives of both public and private real estate companies.
It provides a platform to gain insights into the latest trends and innovations in the global real estate industry, while capitalising on exclusive offers and opportunities provided by the participating institutions and exhibitors.
Sharjah Real Estate Exhibition - ACRES stands out as one of the most important real estate events at both local and regional levels. It plays a vital role in driving growth in the real estate sector, increasing its market activity, and showcasing the major urban development taking place in the Emirate of Sharjah.
The 2025 edition of the exhibition is set to attract a broad spectrum of top investors, business leaders, property developers, and leading real estate development and investment companies from across the region and the world.
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