Property investment is a wise choice in the UAE, and Sharjah is one of the best emirates to do so. After the government established a new law in 2014, foreigners can now buy apartments in Sharjah.
Furthermore, new Golden Visa regulations are a “game-changer” for the UAE’s real estate business, extending the momentum gained over the previous year and a half.
These developments have sparked a surge in interest in apartments for sale in Sharjah, whether you’re looking to buy your first home or invest in a rental property. It’s critical to have a clear path to purchasing your ideal home.
Find the Best Area to Invest
If you’re a foreign investor looking to buy properties in Sharjah, here’s some information on the finest regions to invest in. Maryam Island, located in downtown Sharjah and facing the Arabian Sea, is the ideal spot. The Al Taawun and Al Ittihad Roads allow convenient access to Sharjah and the adjacent Emirates of Dubai, Ajman, and Umm Al Quwain.
Consider your requirements
It’s critical to know your requirements before investing in real estate.
Studios
Studio apartments provide a rental income that is up to 1.5 percent greater than other one-bedroom or even two-bedroom apartments if you are solely investing in real estate. The rental return for a studio is roughly 6%, compared to 3-4 percent for larger units such as a one-bedroom apartment.
Another advantage of purchasing a studio is that the down payment and overall cost of ownership are lower than for other types of units.
Apartments with 1 or 2 bedrooms
These units are ideal for single professionals, young couples, and families who require a smaller space than a larger apartment. They are continually in demand, thus rentability is good. If you want to buy one of these flats, the amenities around the building are crucial, but if you want to rent one, a central location is essential. Maryam Island addresses all these issues and more.
Apartments with 3 bedrooms+
Families who wish to purchase their everlasting home prefer these types of apartments because they are less in demand and difficult to rent.
Eagle Hills has a variety of possibilities for you to select from, whether you are seeking your own apartment or simply want to invest your money in a Sharjah apartment. To look for apartments for sale in Sharjah, come to our Maryam Island project.
