Sharjah Cuts Real Estate Transaction Fees to Boost ACRES 2026 Investment
Incentives for Real Estate Transactions
Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, the Crown Prince of Sharjah, has approved a decision by the Sharjah Executive Council (SEC) aimed at enhancing the emirate’s position as a global hub for sustainable real estate investment. This initiative comes ahead of the highly anticipated ACRES 2026, scheduled to take place from January 21–24, 2026, at the Expo Centre Sharjah.
Under the approved incentives for the upcoming exhibition, property transactions will benefit from various fee reductions. Developers will receive a 0.5 percent discount on selling fees, while UAE and GCC nationals can enjoy a 1 percent discount on purchasing fees. Additionally, buyers from other nationalities looking to invest through freehold ownership will qualify for a 2 percent reduction. Usufruct arrangements will also be discounted by 1 percent.
Impact on the Real Estate Sector
The Organising Committee for ACRES 2026 has stated that these fee reductions are expected to significantly enhance the exhibition’s effectiveness. By offering financial incentives, they aim to encourage real estate developers to expedite major project launches, thereby attracting a broader array of investors from various nationalities.
This strategy appears to be part of a larger vision to stimulate growth in Sharjah’s increasingly dynamic real estate sector, fostering an environment conducive to investment and development.
Overview of ACRES 2026
ACRES 2026, held under the auspices of Sheikh Sultan bin Mohammed bin Sultan Al Qasimi, is organized by the Sharjah Chamber of Commerce and Industry (SCCI) in partnership with the Sharjah Real Estate Registration Department (SRERD) and Leader Events Management. The exhibition will cover an expansive area of 10,000 square meters, bringing together prominent property developers, real estate investors, and financial institutions.
Attendees can expect the unveiling of several new real estate projects and high-value developments. The exhibition aims to offer exclusive investment opportunities, bolstered by the Sharjah government’s incentives and facilitation measures.
Competitive Advantages of Reduced Fees
Abdulaziz Ahmed Al Shamsi, the Director-General of the SRERD, has praised the SEC’s decision, calling it a proactive measure designed to enhance market competitiveness at both local and regional levels. He asserted that reduced fees would stimulate transaction activity, increase sales volumes, and bolster investor confidence in Sharjah’s expanding real estate market.
Al Shamsi remarked, “We are confident that this initiative will have a positive impact on the outcomes of ACRES 2026, driving sustainable growth across the real estate sector.” He highlighted how the initiative aligns with Sharjah’s vision for comprehensive development and aims to make the emirate an increasingly attractive location for investment.
Attracting New Investors
Mohammed Ahmed Amin Al Awadi, the Director-General of SCCI, expressed that the SEC’s decision is a clear reflection of Sharjah’s determination to support the real estate sector and enhance its appeal to investors from around the globe. He noted that the fee reductions are poised to not only attract new entrants into the market but also strengthen the exhibition’s stature as a specialized regional real estate platform.
Last year’s ACRES 2025 exhibited remarkable success, recorded transactions of AED 4.3 billion, representing a 207 percent increase compared to 2024. The event also witnessed participation from over 110 exhibitors, laying a solid foundation for the upcoming event.
Enhancing Market Competitiveness
Saeed Ghanem Al Suwaidi, the Chairman of the Representative Committee of the Real Estate Sector Business Group at SCCI and Chairman of the Organising Committee for ACRES, remarked that the reduced fees will contribute to a more competitive real estate environment. According to Al Suwaidi, the property market is experiencing a transition toward heightened competitiveness and an escalating demand for value-driven real estate projects.
“The exemptions and incentives will help create an optimal environment to accelerate deal execution and expand transaction volumes,” he stated. Al Suwaidi also emphasized that these measures are expected to generate broader economic impacts by attracting new segments of investors into the marketplace, further stimulating capital deployment.
Building Investor Confidence
Nawaf Obaid, CEO of the Sharjah Real Estate Exhibition “ACRES,” characterized the SEC decision as a strategic catalyst for market growth and a competitive advantage for exhibitors. He indicated that reducing transaction fees provides essential operational support to companies aiming to broaden their market engagement and expedite deal closures.
Obaid expressed strong confidence in the exhibitors, noting that all exhibition space for ACRES 2026 was fully reserved two months in advance, reflecting a robust interest in the event.
Published on 1764866949 • Category: Real Estate, ACRES Real Estate Exhibition, Sharjah real estate