Projects for sale in Sharjah

The emirate of Sharjah is a fast-growing market for international investors interested in the property market. There is a wide choice of real estate for people of all ages and backgrounds, including apartments, villas, townhouses, duplexes and land plots.

Since 2014, expats from any state holding a UAE residency visa are permitted to purchase real estate in Sharjah, under leases of up to 100 years. Currently, due to the new amendments, overseas investors can buy real estate in Sharjah without a residency visa, but only in specific areas.

Real estate market in Sharjah offers excellent investment and lifestyle opportunities due to the constant growth in the population of the emirate and the UAE’s ever-increasing tourist attractiveness. In addition, Sharjah is an industrial emirate and a major economic and trade hub of the UAE, therefore properties are in high demand among business professionals. The average ROI of properties in Sharjah constitutes 4-6%.

Popular communities to buy real estate in the area of Sharjah comprise Aljada, Al Mamsha and Tilal City.

1. Aljada is a residential community  by Arada Developments. The project offers not only residential properties, but also commercial projects and leisure and entertainment options. As Bayut’s market research shows, Aljada is one of the best districts for expat real estate investment in Sharjah. The community offers luxurious living at a reasonable price, and properties in the area are presented by 1-3 bedroom apartments, 2-5 bedroom villas and 2-3 bedroom townhouses. The  starting price for a 1-bedroom residence constitutes AED 550,000 (USD 150,000), while the rental cost starts from AED 19,000 (USD 5,000) per year. Therefore, the estimated ROI will be 4%.
2. Al Mamsha is a mixed-use neighbourhood which integrates modern living with a contemporary lifestyle. The district is distinguished by exclusive architecture, entertainment districts and retail areas. The community has a strategic location just a few minutes away from Sharjah International Airport, which is very convenient for international investors. Properties in the area are presented by 1-3 bedroom apartments, 3-bedroom villas and 2-3 bedroom townhouses. The minimum price for a 1-bedroom residence in Al Mamsha is AED 430,000 (USD 117,000), while the rental price starts from AED 35,000 (USD 9,500) per annum. The estimated ROI in the area is about 8%.
3. The community of Tilal City is highly popular among business professionals and investors. It is Sharjah’s first-ever master-planned city, which occupies 25 million sq. ft. There are five unique sections in Tilal City, which provide a variety of residential, leisure, business and retail options. Properties in the district are presented by 2-5 bedroom apartments, 2-6 bedroom villas, 2-4 townhouses and land plots. The minimum price for a 2-bedroom residence for sale constitutes AED 1,299,000 (USD 354,000), while the rental price starts from AED 38,000 (USD 10,300) per year. The estimated ROI in the area is 3%.