Property in Sharjah | Real estate for sale in Sharjah

Sharjah is the third-most populated city in the United Arab Emirates, after Dubai and Abu Dhabi. It is the capital of the Emirate of Sharjah and part of the Dubai-Sharjah-Ajman metropolitan region. Sharjah, with a population of approximately 1.6 million people, overlooks the Persian Gulf. It is bordered by Dubai to the south, Ajman and Umm Al Quwain to the north, Ras Al Khaimah to the east, the Gulf to the west, and the Indian Ocean to the east.

Sharjah, the UAE's cultural capital, is home to several retail malls, restaurants, entertainment venues, and recreational facilities. It houses the Sharjah government's primary administrative centers, as well as economic, cultural, and traditional projects. Archaeology, natural history, science, arts, heritage, Islamic art and culture are all represented at museums across the city.

The emirate significantly contributes to the country's political, military, and economic sectors. Sharjah is one of the most diverse emirates in the UAE and the region, with non-oil industries accounting for approximately 96% of total economic activity. Sharjah's robust and diverse economy, with 6 specialized free zones and flexible investment approaches, is supporting the city-state's preparation for future expansion.

Sharjah boasts an efficient transportation infrastructure that connects the residents to the rest of the country. Dubai is a 30-minute drive away, Ajman is 20 minutes away, and Sharjah International Airport is 15 minutes away. Sharjah draws residents searching for an ideal location to live away from the hustle and bustle of Dubai. At the same time, inhabitants have quick access to the neighboring emirate.

Furthermore, the city is one of the safest in the country, making it a desirable location not only for investment, but also for permanent residence.

Real Estate in Sharjah

Sharjah is an excellent choice for families with children and young professionals who desire privacy, quiet, and comfort. The developing Sharjah property market includes investable properties such as Sharjah apartments for sale and townhouses, villas, and prospective commercial developments. Furthermore, due to the rapid expansion of numerous economic areas such as automobile, healthcare, and so on, Sharjah has become a commercial centre with equal demand for residential homes.

Another major aspect in the rising interest in Sharjah real estate is its vital infrastructure.

As a result of the constant demand for profitable properties in Sharjah, numerous new properties have been developed around the city. Sharjah's home costs are cheaper than those in Abu Dhabi and Dubai, which is one of the attractive aspects in terms of property buying in this area.

The average return on investment rate for Sharjah real estate is 5%. Al Khan, Al Majaz, and Al Nahda have the greatest rates of return. Maryam Island, which is part of Al Khan, has been gaining appeal with renters and investors since 2021 due to to its waterfront amenities and services. The University City of Sharjah attracts students from all over the world and is located near the Aljada community, which is expected to become an important center for activities in the future.

Types of Properties in Sharjah

Sharjah offers an extensive selection of property options for sale, including:

- studios as well as 1- to 5-bedroom residences. Apartments are provided in a variety of sought-after locations, including Aljada, Muwaileh, Maryam Island, Al Khan, and others.

- Villas may be found at Tilal City, Al Badie, and Sharjah Sustainable City, among other coveted areas. The layout possibilities range from 2 bedrooms to 7+ bedrooms.

- Muwaileh Commercial, Aljada, Al Tal, and other neighborhoods offer 2- to 5-bedroom townhouses for sale.

- 2- to 5-bedroom penthouses are available in Al Majaz, Al Taawun, Muwaileh Commercial, and other desirable districts.

- 4- and 5-bedroom duplexes are available in famous locations such as Al Majaz and Al Khaz.

- land plots, whole building options, commercial units, such as warehouses, offices, factories, shops, labour camps and retail spaces.

The most popular investment properties in the emirate are 1-bedroom apartments and big family villas. These choices are appropriate for both short and long-term investment reasons, as they ensure a high ROI and the ability to resale the unit at a higher price in the future.

Popular Areas in Sharjah

Foreign investors looking to invest in Sharjah real estate can choose from a variety of possibilities. Sharjah draws numerous corporate executives looking to build their enterprises in the UAE. Moreover, due to the superior facilities available in the residential sector, Sharjah is well-known among investors looking to invest in a holiday residence or a property acquired for rental purposes.

Some of Sharjah's most popular areas are Maryam Island, Aljada, Al Mamsha, Tilal City, Al Khan, Al Nahda, Al Majaz, Muwaileh, etc.

Maryam Island is a one-of-a-kind waterfront development located in the heart of Downtown Sharjah. Aside from upscale residential units, the island is home to a plethora of retail shops, 4-5 star hotels, and fine dining restaurants. This iconic project encircles the northern quadrant of the Al Khan Lagoon.

Al Nahda, conveniently located between Sharjah and Dubai, has several types of housing apartments in high-rise structures. Residents in this neighborhood have easy access to medical centers, groceries, entertainment venues, and schools. This neighborhood is popular among individuals who work in Dubai yet choose to live in Sharjah.

Muwaileh is a suburban neighbourhood with 3-7 story buildings with low-cost properties. It is quite popular with families since it boasts some of the most well-established schools in the emirate.

Aljada: This unusual urban development has successfully attracted international investment in Sharjah real estate by providing an ideal blend of employment opportunities, entertainment, retail, leisure, and living standards. Aljada promotes a healthy lifestyle and guarantees luxurious living at affordable prices, making it one of the most prominent places in Sharjah for foreign investors. Aljada offers a wide selection of apartments for sale as well as reasonably priced townhouses.

Al Mamsha: It is a vibrant urban development, just a few minutes from the Sharjah International Airport, that combines modern living with contemporary lifestyle components of leisure and retail to provide you with an exceptional selection of residences for sale in Sharjah. Al Mamsha provides beautiful apartments with 1, 2, and 3 bedrooms, as well as duplex units with gardens and private patios. Furthermore, studio apartments are available in a variety of floor layouts to meet the various demands of Sharjah real estate customers.

Tilal City: Tilal City, Sharjah's first premium master-planned area, is located on Emirates Road E611 and was designed to promote community life. Due to its quick expansion, it has become one of the most desirable locations in Sharjah for foreigners to invest in real estate. Tilal City is divided into four sections: living, doing business, having fun, and shopping.

Previously, those without residency permits were not allowed to invest in Sharjah real estate. The UAE residency visa requirement for international investors interested in acquiring real estate in Sharjah has been revoked as a result of municipal legislation revisions and it has enabled foreigners to invest in Sharjah.