Sharjah, the third-most populous city in the United Arab Emirates, has emerged as a major real estate hotspot. Having said that, the emirate makes significant contributions to the nation's political, military, and economic spheres.
Furthermore, the city is among the safest in the nation, which increases its appeal as a place to live permanently as well as for investments. One of the primary draws for purchasing real estate in Sharjah is the lower cost of housing there compared to Abu Dhabi and Dubai.
In September 2022, 2,299 real estate transactions of AED 1,900,000,000 (USD 517,000) in property trading value were completed, according to a monthly report released by the Sharjah Real Estate Registration Department (SRERD).
In addition, 677 of the total transactions were property sales agreements made in various regions of the Emirate of Sharjah. There is a strong demand for real estate, and it is anticipated that property prices in the emirate will stay steady.
In the center of Downtown Sharjah, Eagle Hills' Maryam Island is a waterfront development unlike anything else. In addition to upscale residences, the island is home to several shopping centers, four- and five-star hotels, and fine eating establishments. This flagship project peaks in the Al Khan Lagoon's northwest corner.
Al Nahda, which is conveniently located between Sharjah and Dubai, is home to a variety of apartment types housed in tall buildings. The convenience of quick access to hospitals, grocery stores, theaters, and educational institutions is advantageous for the local population. Those who would rather live in Sharjah but work in Dubai are quite fond of this neighborhood.
Muwaileh is a suburban neighborhood with residences that range in price from three to seven stories. Families really enjoy it given that it is home for several of the most prominent schools in the kingdom, such as Delta English School as well as Brilliant Private School. Additionally, a variety of groceries are available, such as Al Mawal Supermarket and Nesto Hypermarket.
Sharjah, which was named the UAE's 1998 Cultural Capital by UNESCO, is home to a large number of galleries, museums, archaeological sites, and interactive entertainment venues. Furthermore, there are JCI-certified medical facilities, including Al Qasimi Hospital, Al Zahra Hospital, Al Dhaid Hospital, and fifteen other medical establishments, as well as Sharjah Mega Mall and Sharjah City Centre, which provide the best shopping experiences.
Remember that the emirate is home to some of the best educational institutions in the United Arab Emirates, such as the American School of Creative Science, Scholars International School, and Delta English Al Khaleej International Private School. Sports lovers will also value the Sharjah Equestrian and Racing Club, the Sharjah Shooting and Golf Club, several top-notch cricket stadiums, and a hub for international water sports.
Sharjah has a lower cost of living than some of the other, better-known emirates, it is far more cheap than Dubai for groceries, educational facilities, and dining establishments. Considering the aforementioned data, it is not unexpected that families with children choose to live in Sharjah because of its tranquil surroundings and convenient access to all the amenities they require.
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Senior Sales Advisor
of Luxury One Real Estate