Apart from commercial spaces like offices and retail stores, you can also invest in apartments, townhouses and villas in Sharjah.
Rolla, Al Yarmook and Muwaileh are some of the cheapest areas to invest in Sharjah.
Once they meet the crucial visa and residency requirements, foreigners can rent properties in Sharjah.
Renting is very simple in Sharjah. The rent cost differs across various neighbourhoods in Sharjah.
For renting out a luxury property in Sharjah, you can scout for locations and contact the owner or the broker for renting that property.
A typical lease term is for one year. You can make a deal with the landlord if you want a short-term rental lease.
Mostly the rent is paid annually. However, you can talk to your landlord regarding a monthly or 6-month rent cycle.
Rental deposit requirements include a security deposit, which is mostly between one to three months’ rent.
There are no restrictions on rental properties for expatriates.
In Sharjah, landlords are not allowed to increase rent before three years from the date of signing the rental agreement.
Under the Sharjah Holiday Homes Project, short-term rentals or vacation rentals are being promoted in Sharjah.
You are required to have a residency visa to sign a rental agreement in Sharjah for the long term. If you are in Sharjah for a short time, you can go for hotels or short-term rentals.
Before you rent out a property in Sharjah, take into consideration aspects like location, amenities, maintenance, and security features.
Rent is negotiable in Sharjah. It may differ according to the property and the landlord.
Regional documents required for renting a property in Sharjah include a valid passport, visa, Emirates ID, and a tenancy contract.