Sharjah Real Estate Investment: Opportunities and Returns

Sharjah is one of the seven emirates of the United Arab Emirates. The development of infrastructure, growing expat population, affordable real estate and high ROI are transforming the real estate sector of Sharjah, making it one of the most sought-after destinations. Sharjah is an emerging real estate investment hotspot in the UAE, attracting both local and foreign investors. 

Located strategically, Sharjah real estate is also known for its dynamic landscape. The demand for both residential and commercial real estate is increasing in the emirate, reflecting the scope of its real estate and also the growing interest of investors. Property investors can explore a wide range of investment opportunities and also capitalize on comparatively lower prices of properties.

A diverse range of real estate investment opportunities, competitive property prices, the development of mega projects, government initiatives and a high standard of living make Sharjah a decent consideration for real estate investment. If you are looking to invest in Sharjah’s real estate sector then keep reading this blog to explore the potential of Sharjah’s real estate sector.

Sharjah Property Market Overview

Undoubtedly, the property sector of Sharjah is growing over time. This emirate observed transactions worth AED 40 billion (USD 10.9 billion) in 2024, a roughly 24% increase compared to the previous year. This significant increase in the transaction of properties not only accentuates the potential and scope of the Sharjah real estate sector but also makes it a promising real estate investment destination in the world. Considering the given stats, this growth trajectory tends to grow upward, fascinating home seekers and real estate investors. 

Furthermore, the property market of Sharjah also recorded an 84.6% increase in foreign property transactions, highlighting its global appeal. Investors from all across the globe come to Sharjah to take advantage of its rising global profile, investing in its real estate sector.

Why Invest In Sharjah Real Estate?

Affordable Property Prices

Real estate investors normally prefer buying luxury real estate at cost-effective rates. Sharjah helps them achieve this objective because the prices of real estate in Sharjah are quite affordable, especially when compared to other emirates of the UAE like Dubai. Property prices in Sharjah are significantly lower, facilitating first-time property buyers and investors who seek high value for money. 

No matter whether you desire to invest and purchase luxury real estate like apartments, penthouses and villas for sale in Sharjah or buy a commercial property, prices are quite affordable, making it feasible to invest and achieve desired outcomes like high ROI.

High ROI

Sharjah is considered a lucrative real estate investment destination in the UAE. It is known for offering high ROI. Property investors generally generate 5% to 8% ROI in Sharjah based on the property type and location. Given this, real estate investors can expect significant rental yields in Sharjah, allowing investors to seek both long-term and short-term gains.

Growing Population Of The Emirate

The population of Sharjah is growing. People from other countries also come here for various purposes such as business, tourism, etc. Businessmen and skilled professionals also buy real estate, increasing the demand for further developments. Considering the growing demand for Sharjah real estate, property investors should invest in its property sector to benefit from the rising demand for real estate and build wealth out of their property-related investments. 

Property Ownership Rights

Like Dubai and Abu Dhabi, Sharjah also extends property ownership rights to foreign property investors. This emirate has also developed several dedicated areas where foreigners can invest and enjoy complete ownership rights. Expats and foreigners can now 100% own their purchased properties in Sharjah, increasing the appeal and attractiveness of the Sharjah real estate sector. 

High Living Standards And Long-Term Visa Options

Luxury enthusiasts can explore their dream lifestyle and enjoy the availability of top-tier facilities and amenities in Sharjah. This emirate allows people to live a standard lifestyle- A lifestyle that allows them to live to the fullest and nurture their families as per their own standards. Additionally, property investors can also obtain extended residency visas in Sharjah, allowing them to stay for a longer period in the emirate of Sharjah.

Best Investment Areas In Sharjah!

Aljada

Aljada by Arada Developments is a popular community in Sharjah, featuring luxury real estate, including villas and apartments and commercial properties. Spread over 2.2 km and located close to Sheikh Mohammed Bin Zayed Road, Al Jada is known for extending a futuristic lifestyle at a prime destination. It also offers over 70,000 residential properties laced with futuristic facilities and amenities. Freehold properties for sale are available in Sharjah, attracting foreign investors. 

This is a self-contained community in Sharjah, offering a balanced and sustainable lifestyle. It also includes four hotels, a business district, a mall, schools, green spaces and recreational facilities, fostering a vibrant living environment, and allowing residents to live to the fullest and experience the utmost comfort and elegance. 

The average annual rental value of a studio apartment in Sharjah is AED 31,000 and that of a single bed is AED 44,000. The average sale price of a studio apartment for sale in Sharjah is AED 405,000 and the selling value of a 1-bed villa is AED 949,000. 

Maryam Island

Maryam Island is one of the premium waterfront communities in Sharjah, UAE. Eagle Hills and Sharjah Investment and Development Authority (Shurooq) have jointly developed this neighborhood. It features a perfect blend of modernity, luxury and tranquility. Basically, it is a mixed-use development, featuring residential units, luxury hotels and retail outlets, enabling residents to live a splendid yet comfortable lifestyle.

It is a vibrant community that exudes a sense of sophistication and relish. Residents also enjoy a splendid lifestyle and breathtaking views of the Arabian Gulf in this eco-friendly real estate development. Considering its location, its unique features, waterfront properties and modern amenities, Maryam Island is considered an ideal destination for living and tourism.

Apartments of various sizes are available in its four apartment complexes. Properties in this area are laced with top-tier amenities to facilitate residents. Properties for sale in Maryam Island, Sharjah are available at affordable prices, making it seamless to own luxury real estate in this neighborhood. The selling value of a studio apartment for sale in Maryam Island is AED 370,000 and that of a 1-bed is AED 535,000.

Al Khan

Al Khan is also a waterfront neighborhood located in Sharjah, UAE. Known for its tranquil living, family-friendly living environment and splendid views, this area is poised to offer a luxurious lifestyle. Located along the Al Khan Lagoon, this is a modern residential community that features a diverse range of residential properties, allowing investors to choose the most viable investment option.

It is a modern community that is well-connected to major roads, offering a vibrant lifestyle and seamless accessibility to other key areas of the emirate. Besides living options, commercial properties are also located in this area such as Expo Building and Style Tower. Developed to enrich the lifestyle of residents, Al Khan is laced with a plethora of facilities and amenities, enhancing the quality of life and allowing residents to experience the utmost comfort and elegance.

The average annual rental value of a studio apartment in Al Khan is AED 34,000 and the average rental cost of a 1-bed apartment is AED 41,000. The selling value of a studio in this community is AED 473,000 and that of a 1-bed is AED 763,000. Investors who invest in studio apartments normally generate a 6.45% ROI.

Al Majaz

Spans over 231,000 sq. ft., Al Majaz is a mixed-use neighborhood in Sharjah. It is located along the Buhaira Corniche. Deemed one of the most sought-after areas, offering a vibrant and splendid lifestyle in a comfortable setting.  It is a waterfront district developed by the Sharjah Investment Development Authority (Shurooq), featuring both residential and commercial properties and extending advanced educational and health facilities and other futuristic amenities.

Al Majaz is further divided into three sub-communities: Al Majaz 1, Al Majaz 2 and Al Majaz 3. This community is aimed at offering a diverse range of residential options and family-friendly amenities. Every aspect of this district is unique and worth considering, attracting tourists and luxury enthusiasts. Its advanced lifestyle and seamless connectivity to other key areas like Al Khan, Al Mamzar and Abu Shagara make it one of the most sought-after investment destinations in Sharjah. 

The average annual rental value of a studio apartment in Al Majaz is AED 26,000 and the annual rental cost of a 1-bed apartment in this area is AED 35,000. The average selling value of a studio apartment for sale in Al Majaz is AED 266,000 and the cost of a 1-bed apartment is AED 721,000.

Muwaileh

Popular for its family-friendly environment, affordable living spaces, modern infrastructure and proximity to major roads and renowned educational institutes, Muwaileh is a mixed-use district in Sharjah, UAE. Its lifestyle facilities fascinate both local and foreign investors. It features luxury living spaces such as villas for sale in Sharjah and splendid apartments, extending a perfect blend of modernity, opulence and tranquility.

Located on the outskirts of Sharjah and close to Sheikh Mohammed Bin Zayed Road (E311), this area is developed to uplift the living standards of people and allow them seamless access to other popular destinations. Over the years, Muwaileh by Sharjah Holding has observed significant growth and development, offering a versatile lifestyle and catering to different budgets and preferences.

The average rental value of a studio apartment in this area is AED 30,000 and that of a 1-bed is AED 51,000. The average selling price of a studio apartment is AED 479,000 and that of a 1-bed is AED 730,000. The average selling price of a 2-bed villa in Muwaileh is AED 1,310,000. Property investors can expect 5 to 6% ROI based on their real estate investment.

The Bottom Line:

Sharjah is one of the seven emirates of the UAE. Its strategic location, continuous infrastructure development, investor-friendly policies, high ROI and competitive property prices make it a decent consideration for real estate investment. Both residential and commercial real estate investment options are available for rent and sale, attracting local and foreign investors. Popular areas for real estate investment in Sharjah include Maryam Island, Al Khan, Al Jada, Muwaileh, etc. Given its vibrant lifestyle and relentless growth, it is one of the best places to consider for living and business.

Ready To Invest In The UAE: Let Our Experts Guide You Every Step Of The Way!

Kelt and Co Realty is a prominent real estate agency in Dubai. This property company allows people to buy, sell and rent all types of residential and commercial properties in the United Arab Emirates. If you plan to invest in Dubai and other emirates of the UAE like Abu Dhabi, Sharjah and RAK then our real estate professionals can assist you in finding your dream property and making a profitable investment decision.

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