UAE Property Guide, Part 7 of 8

Real Estate

UAE Property Guide, Part 7 of 8 - Sharjah Property

UAE Property Guide, Part 7 of 8 - Sharjah Property
By John Hill

Sharjah is the third biggest emirate (sovereign state) of the United Arab Emirates (the UAE), and the only emirate to have coast on both the east and west shores of UAE many thanks to its territories which surround the Gulf of Oman. Most of the emirates of the UAE are all surprisingly little with Sharjah having an area of just 2600 square kilometres, making up 16 kilometres of coastline along the Persian Gulf and expanding 80 kilometres right into the interior of the country. The emirates of Dubai and Ajman border Sharjah, and with the current development of these three emirates the metropolitan locations have actually broadened to just about fulfill at the borders.

Sharjah keeps strict decency legislations under which unmarried men and women are not allowed to mix, and applies a conservative dress code for males and females. Sharjah is likewise the only emirate in the UAE in which the possession, consumption or sale of alcohol is banned.

Some emirates of the UAE have only recently began to permit international property ownership of building, prior to 2002 the only alternative readily available to foreign nationals was 99-year leasehold contracts. Sharjah has actually not passed any kind of laws pertaining to freehold possession by immigrants and the 99 year lease system is still the only alternative readily available to non UAE or GCC (Gulf Participation Council) citizens that wish to purchase home in Sharjah.

Sharjah has actually started advancement of the Nujoom Islands which is to be the largest tourist, property and business project in Sharjah. The Nujoom Islands project will certainly consist of 10 manmade islands, and three areas of mainland; the development will raise the shoreline of Sharjah by 30 kilometres. The advancement is located near the town of Hamriya 15 kilometres from Sharjah city. Sharjah additionally being the name of the major city in the emirate of Sharjah.

The project will be visually pleasing with a ratio of 40% development and 60% landscaped roads, gardens, parks, and beaches. The ten islands will certainly be connected to both the mainland and each other by a series of bridges, and will be separated by a collection of water networks. The Nujoom Islands project will house over 40,000 residents and will offer numerous services and features such as schools, banks, mosques, restaurants and clubs. The growth will additionally have a number of centres spread throughout, including a big business centre and 9 smaller sized commercial centres, six centres for light industry and two home entertainment centres.

Residential and traveler holiday accommodation for the project will certainly include 4 resorts, two resorts, 145 apartment, 40 high towers (for industrial and residential uses) and 1,400 suites set in either park side or waterside places. The Conclusion date for the Nujoom Islands is 2010.

Designers have actually additionally constructed and are creating a number of towers in Sharjah City consisting of the ABBCO tower, Sharjah Entrance, and two towers being created by Tiger Realty, the Al Sandos tower and the Al Taawun Tower. The Tiger Property Towers are being sold on a 99 year leasehold basis with an alternative to move to freehold possession when, or if, the legislation permits.

Sandcastles Residential or commercial property [http://www.sandcastles-property.com/] market a large range of property available in Sharjah [http://www.sandcastles-property.com/property/sale/sharjah.html] and property to buy in Dubai [http://www.sandcastles-property.com/property/sale/dubai.html] from suites to hotel areas.