Shams Gate Residences
About the Project
(sq. ft.)
Shams Gate Residences is a residential development located in the Maryam Island area of Sharjah. Developed by Eagle Hills Properties, the complex has 59 residences including studios, three-bedroom apartments, and four-bedroom penthouses.
The development is surrounded by water, and there are plenty of nearby recreation areas and green spaces. Residents can enjoy a variety of amenities, including:
- Swimming pools for adults and children
- Children’s playground
- Barbecue area
- Gym
- Park with walking paths
Studios and apartments were designed using light colours to enhance a sense of openness. Penthouses are located on the top floor of the complex and feature darker tones to emphasise a sense of luxury. Residents have access to two high-speed elevators.
Shams Gate Residences offers properties that range in size from 322 sq. ft. (30 sq. m) to 1,853 sq. ft. (172 sq. m), and prices range from AED 320,000 (USD 88,000) to AED 2,000,000 (USD 544,500).
*The price is valid for 2021
Location
Sharjah International Airport can be reached within a 25-minute drive of the complex, and Dubai International Airport is located within a 10-minute drive. Residents have easy access to the University of Sharjah, which can be reached within a 20-minute drive.
The complex is also located within a 15-minute drive of many popular destinations, including:
- Ansar Mall
- Al Mamzar Beach Park
- Al Nahda Park Sharjah
- Entertainment and sports centres
- Cafés and restaurants, such as Laffah Restaurant
- Al Qasba Ferris Wheel
- Night to Night Sharjah and LuLu Hypermarket Al Nahda Sharjah
- Prime Medical Centre and NMC Medical Centre Al Nahda
Return on investment
Maryam Island has residences that are located on the shores of Al Khan Lagoon. Real estate in the area is very popular among local and foreign investors. Therefore, the value of studios, apartments, and penthouses is likely to increase in the coming years. Shams Gate Residences offers properties with a return on investment rate of 6.5%.
Investors can also choose to purchase units to rent out. Annual rental rates at Shams Gate Residences start at AED 22,000 (USD 6,000). Real estate in Sharjah has a payback period that ranges from 15 to 20 years.
*The price is valid for 2021
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6151
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!