Investing in properties in the UAE has been a popular method for investors seeking a secure investment, and Sharjah is one of the best emirates to do so. Sharjah is the ideal synthesis of travel and business, of heritage and innovation. Beaches and deserts make up its topography, making it suited for people from all over the world.
The area’s architecture blends modern design elements with the local culture. The local structures and skyscrapers make this clear. People from all over the world come here to rest and find tranquillity because of the area’s beautiful natural environment and calming mangroves.
Think About the Type of Properties
When it comes to investing in real estate, it’s vital to remember that each type of property has its own set of advantages and disadvantages, ranging from size to amenities. Your main goal is to find the one that best suits your needs.
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.
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 alternatives for you to select from, whether you want your own apartment or just want to invest in a property in Sharjah