Naseem Gate Residences is a new residential project being developed on the Gulf Coast in Sharjah. It is part of the Maryam Gate Residences community, which consists of six low-rise buildings situated on the Maryam Island Peninsula. The developer of the project is Eagle Hills Properties.
The seven-storey building has an elegant facade and high-quality finishes. There are a total of 58 residential units consisting of studios and one- to three-bedroom apartments. Properties range in size from 358 sq. ft. (33 sq. m) to 1,985 sq. ft. (184 sq. m) and are available to purchase. Units range in price from AED 549,000 (USD 149,000) to AED 2,014,000 (USD 548,000). Residents can enjoy terraces and panoramic windows featuring views of the courtyard and swimming pool, as well as the Al Khan Lagoon and the Sharjah skyline.
*The price is valid for 2021
Naseem Gate Residences offers a variety of amenities, including:
Maryam Gate Residences is located off Corniche Road, which connects the complex to nearby hotels, retail outlets, restaurants, and the Maryam Island Promenade. The area features a well-developed infrastructure, and there is a local beach and a new park situated within walking distance of the complex.
Naseem Gate Residences is adjacent to Everyday Fresh Hypermarket and Al Afnan Super Market LLC, as well as beauty salons, restaurants, and sports clubs. Residents can access a local pharmacy, and for medical services, Anees Ali Medical Centre and Farah Specialist Medical Centre can be reached within a short drive of the residences.
Al Arab Mall and the beaches of Al Mamzar and Al Khan are located within a five-minute drive of the complex. The Victoria International School is also situated within a five-minute drive, and the University of Sharjah and the American Universities of Sharjah can be reached within a 25-minute drive.
The nearest bus stops are located on the mainland, so residents are advised to travel by car or taxi. Naseem Gate Residences is situated within a short drive of several city attractions, including:
Real estate in the Al Khan coastal area is gaining popularity. Investors are sourcing apartments to rent out for a profit, and residents are attracted to the area’s location near beaches and cultural centres.
Properties are sold off-plan, which means that buyers can purchase properties at favourable prices during the construction or project phases. The Al Khan area offers real estate with a return on investment rate that can reach 4.4%. Residential properties on the peninsula range in price from AED 22,000 (USD 6,000) to AED 95,000 (USD 26,000), per annum.
*The price is valid for 2021
Sign up for our weekly newsletter for market updates!