100-Year Leasehold Plan Launched for All Nationalities in Sharjah Land Project

ASAS Real Estate, the property arm of Sharjah Islamic Bank (SIB), has unveiled a major step toward inclusivity in the emirate’s property sector. The company announced that all non-Arab nationalities will now be eligible for 100-year leasehold ownership at its flagship Al Saja’a Industrial Land project—while Arab nationals will retain access to full freehold ownership.

This bold move opens the doors for expatriate investors to benefit from Sharjah’s thriving industrial landscape. Strategically located and offering strong investment returns, the Al Saja’a project continues to position Sharjah as a key long-term destination for industrial development. The new 100-year leasehold plan is available to all nationalities—without exception—provided they hold valid UAE residency.

“This initiative is a direct response to increasing demand for industrial investment opportunities in Sharjah,” said Ahmed Al Amiri, General Manager of ASAS Real Estate. “The 100-year leasehold model provides greater flexibility for expatriates and supports the growth of the emirate’s industrial and real estate sectors. It’s a step forward in attracting diverse investor segments while boosting Sharjah’s competitiveness in the region.”

Al Amiri highlighted that the initiative not only enhances investor diversity but also represents a qualitative leap in real estate diversification—encouraging expatriate capital to flow into one of Sharjah’s most vital economic sectors. “It reflects the evolving openness of property laws in Sharjah and reinforces the emirate’s status as a secure, stable, and attractive investment destination,” he added.

The Al Saja’a Industrial Land project is part of ASAS Real Estate’s vision to support the emirate’s economic journey and cater to modern industrial needs. Land plots are competitively priced, starting from AED 1,045,000, with sizes ranging from 9,500 to 30,000 square feet.

Investors will benefit from flexible payment plans of up to 24 months and exclusive financing options from Sharjah Islamic Bank. Additionally, the project supports the development of warehouses with ground + mezzanine configurations, with the option to include labour accommodations, ensuring an integrated infrastructure for a variety of industrial operations.

This initiative reinforces Sharjah’s position as a forward-thinking hub for industrial investment—balancing opportunity, infrastructure, and inclusivity.