INSEAD Day 4 - 728x90

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Sharjah proposes real-estate reform

    • These include reviewing the ownership of granted lands, completing the electronic structure, and launching a real-estate calculator

    • SCC members also discussed the development of electronic services and the introduction of a real-estate training programme

    The Sharjah Consultative Council, during its 18th session, called for reforms in the real-estate sector, like reviewing the ownership of granted lands, completing the electronic structure, and launching a real-estate calculator.

    The council was looking into the Sharjah Real Estate Registration Department as part of its work for the second regular session of the 10th legislative term when these topics were mulled over, said local reports on Saturday, June 5.

    SCC members also discussed the real-estate legislation, the creation of a section for public auctions within the organisational structure of the department, and the development of electronic services, as well as the introduction of a real-estate training programme.

    The members’ interventions called for reviewing ownership of lands granted to citizens, whether residential, commercial, industrial or agricultural lands, to ensure the citizen’s utmost benefit from lands.

    SCC members also tackled the idea of launching the real estate calculator to give an estimated value of the lands, and all aspects of real estate transactions, to help owners and investors understand the default and estimated value in buying and selling.

    The SCC members touched on the importance of completing the electronic structure of the Sharjah Real Estate Registration Department, to electronically cover 100 percent of its services and to automate its systems.

    The meeting was chaired by SCC chairman Ali Mehd Al Suwaidi after taking all precautionary measures and physical distancing to ensure safety against the novel coronavirus.

    The meeting was also attended by Abdul Aziz Ahmed Al Shamsi, director-general of the Real Estate Registration Department; Abdul Aziz Rashid Al Saleh Al Tunaiji, director of the department; Counsellor Humaid Ali Al Abbar, advisor to the department; Ali Rashid Dimas, director of the Legal Affairs Department; Omar Yaqoub Al Mansouri, director of the Branches Department, and Salwa Salem Al Mahri, director of the Information Technology Department.