It is difficult to overstate the importance of real estate to Sharjah – along with business services, real estate accounts for 21% of the emirate’s economic activity, with residential real estate forming a large chunk of that. While prices have fluctuated over recent years, and dropped in 2016, occupancy rates have remained at almost 100%,...
Sharjah is attempting to step out of the shadow of its larger neighbour, Dubai, with the development of a number of major signature projects that could significantly reshape its construction landscape. Many of these projects are mixed use, with master plans involving residential properties, commercial spaces, large-scale shopping malls and, in...
As the third-largest of the seven emirates that make up the UAE, Sharjah has a large population and a strategic location for regional connectivity, as well as significant real estate activity, all of which contribute towards an expanding construction sector. The emirate has several major real estate developments under construction, many of...
As both a national and regional transport and logistics hub, Sharjah benefits from advantages such as its strong connectivity to other emirates and the wider world. It is the only member of the UAE federation that borders all other emirates, and it boasts the UAE’s only container port to be located outside the Straits of Hormuz. The importance...
Home to the UAE’s largest Arabic-language newspaper, Al Khaleej, along with a growing number of local and regional television channels, popular radio stations, and a large publishing footprint when it comes to books and journals, Sharjah boasts a rich media environment. Despite all of this, in recent years, with the establishment of...
The UAE federal government is hoping to attract $100bn in investment in environmental enterprises into the country by 2020. On the emirate level, the Sharjah Investment and Development Authority (Shurooq) estimates the emirate’s environmental market potential at Dh960m ($261.4m) in 2017 and that it will grow to Dh1.13bn ($307.7m) by 2020....
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