Properties GEM RESIDENCE 880 K Luxury Apartments | Townhouse | Penthouse Sharjah Unit Detail Starting Price 880k Property Type Luxury Apartments Townhouse Penthouse Handover Quarter 2 2028 Bedroom 1-4 BR APARTMENTS 3-4 BR TOWNHOUSES 4
Sharjah is the third largest emirate and the cultural capital of the UAE. The area attracts residents looking for a convenient place to live that is set away from the hustle and bustle of Dubai. At the same time, residents can access the neighbouring emirate within a short distance.
Sharjah has a well-developed transportation system, which provides residents with direct links to other parts of the country. Dubai can be reached within a 30-minute drive. Ajman is situated within a 20-minute drive, and Sharjah International Airport is located within a 15-minute drive. A few of the most popular areas of Sharjah include Al Khan, Al Nahda, Al Majaz, and Muwaileh.
Residents can take advantage of local educational institutions, including:
As the cultural capital of the UAE, Sharjah is home to several shopping centres, restaurants, entertainment venues, and leisure facilities, including the following destinations.
Among the most well-known projects in Sharjah, there are a few notable residential complexes located in the developing communities of Maryam Island and Aljada.
Shams Gate Residences
Shams Gate Residences is situated on Maryam Island and consists of 57 residential units, including studios, one- to three-bedroom apartments, and spacious four-bedroom penthouses with 360-degree views of the Arabian Gulf and the Sharjah skyline. Residents will be able to experience a quiet lifestyle with easy access to amenities located on Maryam Island, such as:
The sale price for a one-bedroom apartment starts at AED 320K (USD 87.1K).
*The price is valid for 2024
The Gate
The Gate at Aljada offers one- to three-bedroom units that range in size from 681 sq. ft. to 1,317 sq. ft. Residents can take advantage of Madar, a nearby community centre with retail stores and restaurants. The complex provides a variety of amenities, including:
One-bedroom apartments have a starting price of AED 627К (USD 171К).
*The price is valid for 2024
Nest
Nest at Aljada offers student accommodations that are fully furnished. The complex consists of 12 five-storey buildings. Residents can choose to work in local shops and cafes, and there is free public transport to University City. The community provides a variety of amenities, including:
Properties include one- to eight-bedroom apartments. Depending on the unit, residents can enjoy ensuite bedrooms, shared living rooms, and equipped kitchens. Buying a property in this complex has a starting cost of AED 348K (USD 95K).
*The price is valid for 2024
Sharjah is an ideal place to live for families with children, as well as young professionals who value private, quiet, and comfortable accommodations. Moreover, residential units in Sharjah are more affordable in comparison to properties in Dubai.
Sharjah attracts investors with its wide selection of residential properties. One-bedroom apartments have a starting price of AED 300K (USD 82K). Three-bedroom penthouses can be purchased for AED 1.65M (USD 449K), and a four-bedroom villa, with an area of 2,500 sq. ft., can be purchased for AED 1M (USD 272,3K).
The average return on investment rate for real estate in Sharjah is 5%. The highest return rates can be found in Al Khan, Al Majaz, and Al Nahda. Since 2021, Maryam Island, which is a part of Al Khan, has been gaining popularity among tenants and investors due to its waterfront amenities and facilities. University City of Sharjah attracts students from around the world and is located near the community of Aljada, which is set to become a central hub for activities in the future.
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