Maryam Beach Residence
About Maryam Beach Residence
(sq. ft.)
Maryam Beach Residence is a coastal residential complex located on Maryam Island in Sharjah. The development consists of four buildings: Azure Beach Residences, Sapphire Beach Residences, Cyan Beach Residences, and Indigo Beach Residences. The project was developed by Eagle Hills, and construction was scheduled for completion in Q4 2022.
Properties include studios and one- to three-bedroom apartments that are available to buy and rent. Residents can enjoy luxurious and spacious interiors, as well as modern furnishings. Layouts include dressing rooms, living rooms, dining rooms, kitchens, and sleeping areas.
The complex provides a variety of amenities and services, including:
- 24-hour security services
- Concierge services
- Cleaning and laundry services
- Children’s playground
- Covered parking
- Swimming pool with adjustable temperature controls
- State-of-the-art gym
Residential units range in size from 322 sq. ft. to 1,888 sq. ft., and apartments range in price from AED 395,000 (USD 107,000) to AED 1,565,000 (USD 425,000).
*The price is valid for 2021
Property Information
- Location Maryam Island, Sharjah, UAE
- Status of Project In progress
- Type of Project Residential Building
- Units Studios-3BR Apartments
- Area from 322 sq. ft.
Location
Maryam Island is located in the heart of Sharjah. It is an ideal place for relaxation and recreation. The community has a well-developed infrastructure and good transport accessibility. The nearest bus stop can be reached within a five-minute walk of the apartments. However, residents typically prefer to travel by personal vehicles and cabs.
Every building on Maryam Island has commercial facilities, including Maryam Beach Residence, which has a market. Residents can walk to various restaurants, cafes, supermarkets, retail stores, and beaches.
The complex is situated within a short drive of several popular destinations, including:
- Sharjah Exhibition Centre – 5 minutes
- Quay Al Majaz – 10 minutes
- Al Noor Island – 15 minutes
- Beach Park Al Mamzar – 15 minutes
- Downtown Dubai – 20 minutes
- Sharjah International Airport – 25 minutes
- Sharjah University – 30 minutes
Payback
Maryam Beach Residence is located in a community that offers all of the necessary facilities and amenities to ensure a comfortable living environment. Residents can also enjoy the benefits of living in a coastal area. The community has convenient transport connections, which provide direct routes to other parts of the emirate. As a result, local real estate is in demand among tenants and investors.
Properties at Maryam Beach Residence have a return on investment rate that ranges from 5% to 6%. Annual rental rates start at AED 23,000 (USD 6,500). If current trends continue, investments can be recouped within 18 to 20 years.
*The price is valid for 2021
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