Sharjah Opens New Used Car Market

Sharjah has served as a hub for used car dealers right from the early 1980s. They operated mainly from the Abu Shagara Bu Daniq residential areas and flourished due to the high demand from both locals and residents. Sharjah has opened a new used car market today to which the dealers in these areas have been relocated. The market was formally opened by the ruler of Sharjah, His Highness Dr Sheikh Sultan Bin Mohammed Al Qasimi. The new market, which is located in Al Ruqa Al Hamra, off Al Dhaid Road and Shaikh Mohammed Bin Zayed Road, is a purpose built souq that offers plenty of parking based on the size of the dealer and is meant to boost the used car industry in the emirate. It is located close to the borders of Ajman and Sharjah and is easily accessible from customers from all emirates. Previously, parking used to be a hassle for the residents in the Abu Shaghara area due to the large fleets owned by the used car dealers. Customers too used to be reluctant to come to the area suffered as parking was a major issue and they were afraid of getting their cars towed by the police. This had an adverse impact on salesThis problem is now solved as the new facility comes with a lot of shops, showrooms, auction spaces and car exhibition areas.

The new market, Souq Al Haraj, will be managed by Sharjah Asset Management, the investment pision of the Sharjah Government and is one of the largest used car markets in the Middle East when it comes to the facilities provided, the number of showrooms, and the total area. Buyers will find the souk to be a one-stop shop as it will also house a technical inspection and vehicle registration (Tasjeel) facility so that they could complete the entire purchase process including inspection, testing and valuation before leaving the souk.

Abdullah Al Haddidi, manager of Souq Al Haraj, said: “The new facility was designed in accordance with the best international standards and offers integrated services such as cleaning and security services, as well as vehicle technical inspection, registration, and the issuance of all required documents, including vehicle export certificates, vehicle ownership certificates, and transfer of ownership certificates under one roof.”