SHARJAH: The 2024 edition of Sharjah Real Estate Exhibition (ACRES 2024), which is organised by Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration Department (SRERD), will kick off tomorrow, at Expo Centre Sharjah, and will run until 20th January.
Held under the patronage of H.H. Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, the exhibition is considered an interactive forum and a platform where all parties and stakeholders in the real estate market come together to showcase the latest projects and real estate investment opportunities, facilitate deal-making, network and exchange experiences. The aim is to elevate and continue the prosperity of the real estate sector as a key component of the economy.
More than 93 companies and real estate developers from inside and outside the country are participating in the exhibition this year, displaying more than 372 different realty projects from the UAE, Oman, Jordan, Georgia, Egypt, Trkiy
e, Morocco, and many other countries. Moreover, the show offers exclusive deals, discounts, and payment plans directly from the developers, and major real estate brokerage companies during the exhibition period. The exhibition space has increased this year by 60 percent compared to last year, in order to accommodate the increased demand from companies wishing to participate, after the great success achieved in its previous edition.
Moreover, the Sharjah Executive Council announced an exclusive discount on registration fees for real estate transactions for Sharjah-based projects, only during the show days. Following these fee reductions, the sale fees will become 0.5 percent for real estate developers, the purchase fees for citizens of the UAE and the GCC countries will be 1 percent, and the purchase fees for other nationalities will become 2 percent.
The Sharjah International Commercial Arbitration Centre (Tahkeem) is also organising the first edition of the ‘Urban Arbitration Forum’, on the sidelines of AC
RES. The forum aims to introduce investors, suppliers, contractors, and various service providers to the Sharjah International Commercial Arbitration Center and its pioneering role in serving the economic sectors.
This year, the exhibition provides a full schedule of engaging and educational agenda, an integrated programme of free seminars, workshops, and panel discussions in both Arabic and English, to highlight cutting-edge technologies and present the latest approaches in the market.
Source: Emirates News Agency