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Sharjah, a 7,000-year-old city, is emerging as a viable alternative for expats priced out of Dubai's sky-high rents. The emirate recently passed a law allowing foreigners to buy property in select areas, attracting investors and developers.
Homes in Sharjah are about 40% cheaper than those in neighboring Dubai, making it an attractive option for those seeking more affordable living. Developers are already in the process of constructing tens of thousands of new homes to meet the growing demand.
The influx of expats and investment is expected to continue as Sharjah positions itself as a more budget-friendly option compared to the high costs of living in Dubai. With its rich history and proximity to the larger emirate, Sharjah is poised to become a haven for those seeking a more accessible and sustainable lifestyle.
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