ACRES 2024 real estate deals surpass $381.1mln

  • Date: 22-Jan-2024
  • Source: Zawya
  • Sector:Real Estate
  • Country:UAE
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ACRES 2024 real estate deals surpass $381.1mln

The activities of “ACRES 2024”, organised by Sharjah Chamber of Commerce and Industry (SCCI) and Sharjah Real Estate Registration Department (SRERD), was concluded on Saturday evening, at the Sharjah Expo Centre during the period from January 17th-20th.

The exhibition achieved Real Estate deals with a total surpass AED 1.4 billion for all projects, and witnessed a huge public turnout by citizens, residents, investors, and businessmen from inside and outside the UAE, in addition to private and public Real Estate institutions. Moreover, exhibitors and visitors praised the great organisation and management of the exhibition.

Because of its distinguished reputation, the exhibition has attracted more than 93 specialised real estate companies from major companies in the region and the world, in addition to the participation of a wide spectrum of real estate brokers, financial institutions, legal services companies, security solutions, security and safety, project management, robotics and intelligence, artificial institutions companies, in addition to government departments interested in real estate.

The decision of Sharjah’s Executive Council to reduce registration fees for the transactions of projects in the emirate, which was exclusively implemented during the exhibition days, clearly contributed to increasing visitors and investors numbers. It also contributed to motivating developers to showcase the latest and