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A 7000-year-old city emerges as a haven from Dubai’s sky-high rents

With an increasing number of expats saying they’re being pushed out of Dubai due to soaring rents, a 7000-year-old city is looking to offer a nearby haven.

Sharjah — Dubai’s neighbour to the north — is beginning to lure investors to its shores less than two years after passing a law that allowed foreigners to buy property in select areas of the conservative emirate. Already, developers are in the process of constructing tens of thousands of homes.

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    Original URL: https://www.afr.com/property/residential/a-7000-year-old-city-emerges-as-a-haven-from-dubai-s-sky-high-rents-20240930-p5kery