Real Estate in Sharjah

Real Estate

Real Estate is one of the biggest market sectors in the UAE. Most of the property across the UAE are owned by locals and are rented, leased and transferred as free hold properties. In the UAE, expats are not allowed to own land and property of any kind. At most, they are allowed to acquire leases or a free hold purchase that allows them to own a property for an entirety of up to 99 years. Non-Emiratis and expats are allowed to buy land on a freehold basis, which can be used as agreed with the owner of the land. The agreement allows the buyer to either use the land without making any changes to it or to purchase land for development. These two types of ownership are called Usufruct and Musataha respectively.

Real Estate basically refers to land, and all the fixed and permanent assets that come with it. These assets can be buildings and all the resources that are found on the land. The Real Estate business deals with buying, selling, renting and leasing of land. Based on their type and use, land can be divided into residential, commercial and industrial. All these types of property are governed by special legal norms and requirements with regard to the transfer of their ownership and right to use. Real Estate agents bridge the gap between buyers and sellers whether finding a place to stay, a new office space or a storage facility.

Companies that deal with Real Estate in UAE help people find a place to stay, corporates find office spaces and industries find land and facilities for work. They are well versed in all the local laws and legal requirements to help you find acquire a property with ease. They also have access to a vast collection of properties, giving you have a more diverse range to choose from. Located at places like Rolla and Yarmook, they offer their services to clients across the Sharjah and the UAE.