OVERVIEW
With Expo 2020 fast approaching, all eyes are on the UAE real estate market to see how it will go before and after this major event. By the time the Expo arrives in Dubai, it is widely accepted that this is a national project, and investment and interest in the wider UAE, including Sharjah, is increasing as the country prepares for an unprecedented influx of tourists. Unused buildings in Sharjah receive less information than in neighboring Dubai, but that does not mean they are not investing well. Sharjah will continue to earn more interest as the UAE commodity market begins to heat up before and after 2020. Traditionally, Sharjah has been a costly place for those wishing to do business or stay in the UAE, and, large billboards describing new unplanned buildings in Sharjah are a common sight in Sharjah.
BUYING OFF PLAN
The benefits of buying a program are well known. First, you will probably pay less than the cost of purchasing finished goods. You can also select a development project that you are interested in, and then select a range of properties according to size and specifications. Unplanned buildings in Sharjah are often part of the whole area, so you will be spoiled for choice when it comes to size and type of property. Payment readiness can be a financial challenge for a first-time investor, but repaying assets within a few years, rather than having a long-term loan, can be of great financial benefit to those who can afford it. Sharjah suffers from lower prices in total than the neighboring city of Dubai, so buying property in Sharjah is useless for investors looking to diversify the UAE local portfolio.
SHORT INTRODUCTION TO SHARJAH
Sharjah is the third largest in the Emirates in terms of total area, behind Abu Dhabi and Dubai, and has the largest population, with a population of 1.4 million. While it may not have experienced the rapid development of lightning as the two great amphibians, modern-day Sharjah is a very different place from Sharjah that joined the United Arab Emirates in 1971. It has its glorious buildings and has seen many developments, which reflects the fact that it is a moving place. Sharjah is also famous for its archeological sites. Those who love the culture and history of the area find many museums and old buildings, such as the beautiful Central Souk, also known as the Blue Souk, where shoppers often go out to neighboring mirates to find the best auctions and costumes.
Today, we are focused on three exciting planning projects that are gaining great interest among users of Byayut, to give you an idea of the popular out-of-the-box places in Sharjah. Sharjah is the emirate capital of the same name. Sharjah shared legal, political, military and economic activities with other emirates in the UAE within the framework of the organization, although each emirate has the power to oversee some of the functions such as law enforcement and the provision and maintenance of local resources. Sharjah has been ruled by Al Qasimi since the 18th century. The city is a cultural and industrial center, and alone contributes 7.4% of the GDP of the United Arab Emirates. The city covers an area of approximately 235 km2 and has a population of over 800,000 (2008).
OFF PLAN PROPERTIES
NASMA RESIDENCES, AL TAYY
The Nasma residences were first launched in 2017 by new engineer Arada, who is now knowledgeable about growing up in Sharjah. Arada has identified the need for more family homes, not just for Sharjah, but for those entering Dubai, as development is located along the Sharjah-Dubai border on a plot of land near the E611, providing residents with an easy way to both cities. The Nasma settlements form part of Al Tayy’s rapidly evolving community. These buildings are charged by the engineer as ‘the most affordable high-end places in Sharjah always’. You will find villas for sale in Nasma Residences, starting at $269519.78 (AED 990k,) and village houses for sale from $270880.99 (AED 995k).
AL ZAHIA AND ALJADA, MUWAILEH
Mwwaileh is located on the E311, near Sharjah International Airport, the University of Sharjah, and the American University of Sharjah, and is an attractive and highly developed area. Al Zahia offers a full range of buildings, from apartments to divided homes, categorized. At present, most of the unused buildings are in villas, with various houses for sale in Al Zahia. For those looking for smaller buildings, the Aljada apartments for sale start from the extremely sensible $75955.57 (AED 279k).
SAHARA TOWER 6
While Dubai is a place famous for reclaiming land from the sea, one of Sharjah’s charms through its lakes, allows for the construction of spectacular coastal landscapes with spectacular waterfalls. This is especially true in the most desirable region of Al Mamzar, which is home to a spectacular set of public beaches and a beautiful sea park. Sahara Tower 6, one of the most popular buildings in Sharjah, will benefit from its proximity to the Dubai-Sharjah border property, with its two 32-story and 14-story towers, providing all the amenities expected for the construction of a luxury tower, including a swimming pool, gym, gym, and private parking. Citizens will be part of the powerful Al Nahda region, where investors are likely to reap the benefits from investing by renting out their land to employers living in Sharjah and working in Dubai.
