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Development guide

Recently named as one of the top ten Global Cities of the Future, Sharjah is a thriving centre for business that has one of the most diversified economies in the Middle East. Steeped in history and heritage, the emirate is seeing unrivalled growth in tourist numbers as visitors and their families flock to one of the most welcoming and diverse cities in the Middle East. The only emirate to have borders with all six of its brother emirates, Sharjah’s landscapes range from rocky mountains to dune-filled deserts, and from idyllic beaches to its bustling urban hub.

Ideally located in the heart of the city, Aljada is spread over 2.2 million square metres, with exceptional connectivity to surrounding areas and the other emirates. With a masterplan that draws inspiration from some of Sharjah’s oldest heritage districts, Aljada is designed to provide you with a stress-free yet active lifestyle. A destination where engaging design meets contemporary elegance, Aljada allows you to be all that you can be.

The UAE’s newest and most exciting leisure and entertainment destination, the Central Hub will be the heart of Aljada. Designed by Zaha Hadid Architects, the beating heart of Aljada is a futuristic complex over 25 football fields in size.

Mixing lush green spaces with a list of attractions to excite everyone from toddlers to grandparents, the Central Hub’s extensive retail and dining portfolio will also bring a host of big-name brands to the region for the first time. Among the Central Hub’s attractions are: an extreme sports center; the largest children’s edutainment centre in the Northern Emirates, featuring a virtual reality zone, science museum and driving school; an 11-screen cinema and a giant adventure golf course.

The Central Hub’s incredible design also includes a large community park, filled with lush trees and plants that are naturally found in the UAE, as well as a signature tower, significant retail and a host of other sports activities. It will also include a public square for large community gatherings, featuring dancing fountains and dining outlets and cafes. With construction already under way, the Central Hub’s amazing facilities will be ready to welcome residents from the first day they move into Aljada.

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Lease process (Rent out)

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

Property management

Lease process (Rent)

1 hour

Contract of the lessee and agency.

Up to 5 days

Real estate search.

Selection of optimal options.

Up to 2 days

Signing of the lease agreement

Expenses of the lessee:

-5% agency commission of the annual contract price

Additional services:

None

Purchase process

1 hour

Contract of the tenant and agency.

~ 2 weeks secondary

~ 3 weeks new building

Property Selection

Selection of optimal options

1 Week

Registration of the contract of purchase / sale

Customer charges:

  • 2% from purchase at transaction
  • 4% - registration of the transaction at registration

Additional services:

Property management

Sales Process

1 hour

Contract of the lessee and agency.

Required documents:

  • copy of the passport
  • copy of the certificate of ownership

1 day

Ad placement:

  • 20 real estate portals;
  • client base of the agency;
  • profile exhibitions, etc.

Up to 2 days

Signing of the lease agreement

Expenses of the seller:

None

Additional services:

None

the management process

1 hour

Contract of the owner and agency

1 year

Rendering of management services

1 day

Reporting

Expenses of the owner:

5% of the annual rental price

Additional services:

None

Investment Process

1 hour

Contract of the tenant and agency.

From 3 days

Selection of optimal investment options

1 Week

Registration of the contract of purchase / sale

Expenses of the investor:

  • 2% when investing in the secondary market
  • 0% when investing in a new building
  • 4% - registration

Additional services:

Property management