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UAE: Sharjah opens real estate to expats

Expat news 1 min read
buildings in Sharjah© Image-Source / Envato Elements

Sharjah has unveiled a bold new opportunity for foreign investment: a 100-year lease for non-Arab expatriates. This long-term lease scheme is part of the AI Saja'a Industrial Land project, launched by ASAS Real Estate, the property development arm of Sharjah Islamic Bank.

The offer is available to foreign nationals who are not of Arab origin but hold a valid UAE residence permit. Land plots start at AED 1.045 million (approximately USD 285,000), making it a strategic entry point into the UAE's growing industrial real estate market.

This initiative aligns with Sharjah's broader economic development strategy. The emirate is positioning itself as a regional hub for industrial and logistics investment. Active development is underway, including the construction of new warehouses, logistics infrastructure, and related facilities.

According to the project's promoters, the 100-year lease addresses a rising demand from foreign investors seeking long-term stability and ownership alternatives in the UAE. The goal is to diversify Sharjah's investment base and reinforce its role in the regional economy.

Accommodation
real estate
United Arab Emirates
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Asaël Häzaq
About the author

Freelance web writer specializing in political and socioeconomic news, Asaël Häzaq analyses about international economic trends. Thanks to her experience as an expat in Japan, she offers advices about living abroad : visa, studies, job search, working life, language, country. Holding a Master's degree in Law and Political Science, she has also experienced life as a digital nomad.

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