Sharjah: Property Registration Fee Discounts Announced

Sharjah: Regulations for Renting Holiday Homes Issued News developments

Sharjah: Property Registration Fee Discounts Announced

Khaleej Times (United Arab Emirates), 9 January 2024: Sharjah’s Chamber of Commerce and Industry and Real Estate Registration Department have announced property registration fee discounts.

A discount of 50% will be offered to property buyers in the Emirate.

The discount will be offered to those buying property at the Sharjah Real Estate Exhibition–Acres 2024 this month.

The discounts will be applied following an Executive Council Decision being issued to this effect.

The Decision approves reductions in buying and selling fees on real estate transactions during ACRES 2024. The selling fees for real estate developers will be 0.5% while the purchasing fees for UAE and GCC nationals will be 1% and 2% for other nationalities.

The Exhibition runs from 17 January to 20 January at Expo Centre Sharjah.


For more news and content, try Lexis Middle East. Click on lexis.ae/demo to begin your free trial of Lexis® Middle East platform.

You can also explore the legal landscape by subscribing to our Weekly Newsletter.

Want to learn more about Lexis® Middle East? Visit, https://www.lexis.ae/lexis-middle-east-law/.

Tanya Jain