Looking to live in a place with mesmerizing views, best cultural experiences, and exciting family moments? Then Sharjah is the destination you’ve been looking for.
Located at the northern border of Dubai, Sharjah serves as the UAE’s main economic and commercial hub. If you’re interested in investing in real estate in the UAE, then you should probably consider Sharjah. It’s developing market and cultural attractions makes a potential city to invest in.
Why is Sharjah the ideal destination for your dream home?
Sharjah is the one of the preferred destinations for expats who want to spend less on rent and experience a high standard of living. Due to a lack of demand, a surplus of available housing, and the pandemic’s effects on the economy, Sharjah’s residential property rents have been steadily declining.
Competitive Rental Prices
Renting property is expected to decrease further in the upcoming years, making housing more affordable for UAE citizens who live in Sharjah and work in Dubai and other emirates. As a result, Sharjah will likely overtake other UAE cities as the least expensive place to live in the country. Rents are all based on average annual prices.
Although prices are rising in some regions as the economy tries to recover from the effects of the pandemic, they are still decreasing in most areas, making Sharjah the cheapest location to live in.
According to the most recent real estate statistics, rentals for apartments and flats decreased everywhere in Sharjah from 3% to 13%. Rents decreased by 3% year over year in the first quarter of 2021 in locations closest to Dubai, which had the least notable decline, with rental rates falling by 13%.
If you just moved to the UAE and looking to rent, why not move to Sharjah and enjoy its magnificent views and entertainment amenities.
Where to Start
Eagle Hills has a variety of possibilities for you to select from, whether you are seeking for a studio or large apartment of your own, or just want to invest your money in a Sharjah property. Visit our Maryam Island project and find the right property for you.