Sheikh Majid Bin Sultan Al Qasimi, Head of the Districts and Villages Affairs Department, opened the new edition of Sharjah Real Estate Exhibition - ‘ACRES 2023’  on Thursday in Expo Center Sharjah. The exhibition is being held under the generous patronage of Sheikh Sultan Bin Mohammed Bin Sultan Al Qasimi, Crown Prince and Deputy Ruler of Sharjah, and is organised by Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration Department (SRERD). The activities of the exhibition will continue until the evening of May 28th.

After the official opening, Sheikh Majid checked the exhibition’s pavilions and platforms of the real estate companies, institutions, and government entities. Sheikh Majid was also briefed on the real estate projects that have been implemented in Sharjah, and those that are planned to start in the near future by major real estate companies and developers, due to the rapid growth, prosperity, and the continuous investors’ demands.

In addition, Sheikh Majid was also briefed on the latest technical, engineering, and architectural innovations in the real estate development sector, which are run by companies and institutions operating in real estate investment. These companies and institutions have chosen Sharjah as a center to launch their projects, and to highlight their real estate services specialized in construction, building, design, real estate development, and other services.

The opening ceremony was attended by Abdalla Sultan Al-Owais, Chairman of Sharjah Chamber of Commerce and Industry (SCCI), Abdulaziz Ahmed Al-Shamsi, Director General of Sharjah Real Estate Registration Department, His Excellency Saif Mohamed Al-Midfa, CEO of Expo Center Sharjah, Saeed Ghanem Al-Suwaidi, Chairman of the Representative Committee of the Real Estate Sector Business Group at (SCCI), and Chairman of the Organizing Committee of “ACRES”, Nasir Musabeh Ahmed Al-Tunaiji, Board Member of the Directors of (SCCI), and Ibrahim Rashid Al Jarwan, Director of Economic Relations and Marketing at (SCCI).

The exhibition, in its current session, is witnessing a wide participation from major local and regional companies specialized in the field of real estate development and investment, construction, and banks and financial banking institutions. Moreover, there is a huge participation from real estate agents and brokers, decoration companies, interior and exterior designers, in addition to engineering services companies, project management companies, and a number of relevant private and government departments and institutions.

Moreover, “ACRES 2023” also includes this year, and for the first time in its history, a special pavilion for emerging companies in the field of digital technology and e-marketing, in an aim to achieve diversity, increase the competitiveness, create a multidimensional activity in the real estate market, and attracting the interest of a larger segment of investors and developers. In addition, these pavilions will also give the companies the opportunity to promote their products and meet their target audience.  The introduction of these new pavilions corresponds to the development witnessed by the real estate sector locally, internationally, and globally.

“ACRES 2023” is officially sponsored by the Department of Town Planning and Survey in Sharjah, Sharjah Economic Development Department, and Sharjah Municipality, with media sponsorship from Sharjah Broadcasting Authority, and academic sponsorship from the Innovation Experts Real Estate Institute in Dubai, and the ThinkProp Real Estate Training Institute in Abu Dhabi, in addition to the support of Expo Center Sharjah, which hosting the exhibition in its buildings.

Al-Owais: The exhibition is a major destination for real estate companies’ investment plans

Abdalla Sultan Al-Owais, Chairman of Sharjah Chamber of Commerce and Industry (SCCI), said: ““ACRES” has been able over the past years to become a major destination for the investment plans of regional real estate companies, and investors wishing to view the pioneering real estate projects in the UAE in general, and Sharjah in particular. It presents a great opportunity for them to make decisions about starting new projects, or entering into strategic partnerships with other investors.”.

Al-Owais also explained that ““ACRES” has become one of the most prominent exhibitions among the specialized exhibitions organized by Sharjah Expo Center throughout the year, and it has a great impact on various economic sectors related to the exhibitions’ industry, which is what the Chamber always seeks to achieve by developing the business environment in Sharjah in general.”.

He pointed out that there’s “a great responsibility assumed by each of the Sharjah Chamber of Commerce and Industry and Sharjah Real Estate Registration Department in introducing investment opportunities in the emirate at all levels and in various regional and international forums, which was positively reflected in the participation of major real estate companies and institutions in the exhibition this year.”

Al-Owais also indicated that the exhibition achieves great success annually, as it corresponds to the great growth witnessed by the real estate sector in Sharjah, amid a remarkable demand by investors and individuals to own real estate, and the diversity of options and financing facilities provided by companies and participants in the exhibition.