Khaleej Times, 13 January 2025: Sharjah is set to introduce a rental index aimed at enhancing transparency in the emirate’s real estate market and boosting investor confidence.

This initiative will feature a map of Sharjah, enabling residents to view rental rates in their specific areas.

The rental index, developed by Sharjah Digital in collaboration with the Sharjah Real Estate Department, is anticipated to be unveiled during the Acres 2025 exhibition at the Sharjah Expo Centre from 22 and 25 January 2025.

The introduction of the index is expected to bring greater clarity to the rental market, thereby reducing disputes between tenants and landlords.

This move follows similar initiatives in other emirates, such as Dubai’s ‘smart rental index’ and Abu Dhabi’s inaugural rental index, both designed to increase market transparency and provide indicative rental values.

Industry leaders have expressed support for the index, highlighting its potential to improve trustworthiness in the market.

The initiative is seen as a positive step towards making the real estate sector more transparent and reliable for all stakeholders involved.

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