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Home REAL ESTATE Sharjah emerges as alternative to the sky-high rents in neighbouring Dubai | World News

Sharjah emerges as alternative to the sky-high rents in neighbouring Dubai | World News

by Press Room



By Zainab Fattah


With an increasing number of expats saying they’re being pushed out of Dubai due to soaring rents, a 7,000-year-old city is looking to offer a nearby haven.

 

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Sharjah — Dubai’s neighbor to the north — is beginning to lure investors to its shores less than two years after passing a law that allowed foreigners to buy property in select areas of the conservative emirate. Already, developers are in the process of…



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