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Sharjah opens its realty market to foreigners

Expats can now own property in the emirate on long-term leases

There’s good news for property buyers in the UAE: Sharjah is opening up its real estate market to investors of all nationalities.

For the first time, non- Arab expatriates can pur- chase land or property in the emirate on a leasehold basis thanks to a resolution by the Sharjah Executive Council, which states that foreign investors have the right to own property in Sharjah for up to 100 years. Previously, only UAE and GCC nationals were allowed to own prop- erty in the emirate.

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