According to the rules set by the council

"Sharjah Executive" allows ownership in real estate development areas for all nationalities

The Crown Prince of Sharjah while chairing the meeting of the Emirate's Executive Council.

From the source

The Executive Council of the Emirate of Sharjah, during a meeting held yesterday headed by His Highness Sheikh Sultan bin Muhammad bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah and Chairman of the Executive Council, in the presence of His Highness Sheikh Sultan bin Ahmed bin Sultan Al Qasimi, Deputy Ruler of Sharjah and Deputy Chairman of the Executive Council, issued a decision permitting All nationalities own real estate of all kinds and uses, free and unrestricted ownership in real estate development areas and projects.

The decision comes as a continuation of the development of the legislative structure for real estate registration in the Emirate of Sharjah, and based on Law No. (2) of 2022 issued yesterday, which authorized the ownership of real estate for all nationalities, according to a number of factors, including ownership in real estate development areas and projects, in accordance with the controls determined by the Executive Council. .

The Council also issued a decision regulating the insurance mortgage of real estate in the Emirate of Sharjah, which includes the conditions and procedures for registering the mortgage, the obligations of the mortgagor and the mortgagee, and many regulating legal articles.

Follow our latest local and sports news and the latest political and economic developments via Google news