Khaleej Times

Now, you can use UAE Pass for Sharjah property deeds

- Staff Report business@khaleejtim­es.com

The Real Estate Registrati­on Department in Sharjah has linked ownership and usufruct deeds to the UAE Pass, making it the first government department in the Emirates to provide this service.

The Department's customers can download ownership and private benefit deeds (ownership deed, joint ownership deed, usufruct deed, or joint usufruct deed) through the UAE app on their mobile phones, according to a statement issued on Sunday.

The UAE Pass is the first national digital identity for all citizens and residents of the Emirates, and it allows users to access the services of local and federal government agencies in a simplified and secure manner, without the need to visit government service centres.

Sharjah's real estate market has seen unpreceden­ted demand and growth ever since it allowed non-arab nationals also to buy property in the emirate. This resulted in a massive flow of investment­s from investors across Asia, the Middle East and Europe among others.

“The Department is keen to provide an easy and smooth experience for customers while they use our services. We want them to complete their transactio­ns efficientl­y, quickly, and effectivel­y,” said Abdul Aziz Ahmed Al-shamsi, directorge­neral of Sharjah Real Estate Registrati­on Department.

Al-shamsi added this new offering is in line with the directives of Sharjah's Executive Council for digital transforma­tion.

The Sharjah Real Estate Registrati­on Department reported a significan­t 13.1 per cent surge in transactio­n volume, reaching a substantia­l Dh27.1 billion in 2023 — the highest recorded since 2017. The diversity of investing nationalit­ies expanded to an impressive 103, marking a remarkable 21.2 per cent growth compared to 2022. Non-arab foreign investors experience­d an astounding 165 per cent increase in trading volume and a substantia­l 131.7 per cent rise in the number of properties traded, while mortgage transactio­ns reached a notable value of Dh7.5 billion.

Newspapers in English

Newspapers from United Arab Emirates