New buildings in Sharjah
City on the map
Sharjah is the second largest city in the UAE, the administrative center of the emirate of Sharjah, located on the Persian Gulf coast northeast of the capital - Abu Dhabi, adjacent to Dubai and Ajman.
Why is it profitable to buy an apartment in a new building of Sharjah?
The task of Sharjah does not include the implementation of ambitious projects, as in Dubai, the architecture of Sharjah is not particularly remarkable and does not differ from any modern Middle Eastern city. It should be borne in mind that this is a conservative city, like the entire emirate: there are strict rules regarding alcohol, there are no entertainment establishments, and the women are required to wear clothes that fully cover themselves, especially during the month of Ramadan.
The city has a seaport and an international airport serving cargo flights, there are large industrial enterprises, including a plant that produces paints and varnishes.
The transport infrastructure requires further improvement to eliminate traffic jams associated with the proximity of Sharjah to neighboring Dubai, and heavy car traffic towards the capital in the morning and in the opposite direction in the evening. Measures are being taken to eliminate the problem through the development of public transport - buses. You can get around by taxi (prices are reasonable)or bike.
The local subtropical climate is characterized by little rainfall during the summer months. Another feature of Sharjah's climate is a slightly colder winter than in Dubai and a relatively low oxygen content in the air. Most of the rain falls in February and March, with tropical storms occurring at the same time.
All of the above infrastructure shortcomings, somewhat not very attractive climate features are offset by the number of sunny days, the purest water of the Persian Gulf, mostly free and well-equipped beaches, with white sand and a picturesque coastline.
There are many interesting museums and libraries in Sharjah. It is not for nothing that it is known as the Islamic cultural center of the UAE, most of the city's universities are located on a large territory of the University campus: American University, Sharjah University and others. There are also several international private schools operating here.
There is encouraging information about the local real estate market - it is actively gaining momentum. Sharjah real estate in the new buildings is relatively inexpensive, operating and energy costs are lower than in Dubai, the distance between cities is short, just 24 km. Residential complexes in Sharjah offer a variety of housing, built in compliance with modern technologies. The builders of the residential complexes have significant experience and positive reviews about the quality. The sale of apartments from developers is carried out, as a rule, in black frame condition.
New buildings in Sharjah from the developers in black frame condition are sold at a price (according to the information of the GEOLN.COM search engine) from $1,600 per sq. m.
Features of purchasing an apartment in Sharjah from a developer by foreigners
In 2014, Sharjah opened its real estate market to foreigners, however, the deal is concluded as a long-term lease agreement for a period of one hundred years and only with those who have a resident visa in the UAE. Therefore, it is not yet possible for foreigners who do not meet these criteria to buy an apartment from a developer in Sharjah. However, the country is gradually opening up the market and new regulations are possible.
Highlights of Sharjah
- museums: Islamic civilization; archeology; natural history and science; navigation; historical heritage;
- Al Qasba rope with a Ferris wheel "Eye of the Emirates";
- fountain with music and laser illumination;
Purchasing an apartment in a new building in Sharjah is a pragmatic solution for buyers with the opportunity to enjoy a seaside vacation (if the heat or the strict rules of life dictated by the local mentality don’t interfere).
Prices per sq. m. in popular districts of Sharjah
|Muwailih||1800$ / m2|
|Al Khan||1900$ / m2|
|Al Nahda||1600$ / m2|
|Al Seyouh||1700$ / m2|
|Al Mamzar||1600$ / m2|