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Learn more about the Sharjah property market through trends and average prices.
Steeped in culture and heritage, Sharjah is the third biggest city in the UAE. With a transforming landscape coupled with galleries and museums which have made it a popular tourist destination.
Formerly the Cultural Capital of Islamic Culture, it is home to a wide variety of markets and stalls on the eastern side of the town. Stretching for around two kilometers, the main shopping artery can be found on Al Wadha Road providing artifacts and handcrafted goods. Don’t miss Sharjah’s Mleiha Archaeological Site and markets such as the Gold Souk showcasing the best of oriental architecture offering different types of goods. Souk Al Arash is the city’s first market dating back to the 20th Century where you can find numerous arts and crafts.
There is also a modern convention Centre that plays host to a wealth of events, trade fairs, exhibitions, and concerts. Expect first-class hospitality at Sharjah’s variety of luxury hotels and a majestic lakeside front is known as the Al Majaz Waterfront filled with modern amenities. Sharjah International Airport is located less than eight kilometers from the City Centre.
There are a variety of factors to consider when choosing the best type of property in Sharjah. Firstly, it is important to consider the location of the property. Sharjah is a large city, and properties located in different areas will have different prices and amenities. For example, properties in more central locations will typically be more expensive than those in less desirable areas. It is also important to consider the size and layout of the property. Families may prefer larger properties with multiple bedrooms, while single people or couples may prefer smaller apartments. Additionally, it is worth considering whether you want a furnished or unfurnished property. Furnished properties will typically be more expensive, but they can also save you time and money in the long run. Ultimately, there is no one-size-fits-all answer to this question – it depends on your individual needs and preferences.
Today, Sharjah is known for its focus on family-friendly living. Al Khan not to mention Al Nahda is becoming increasingly popular with a collection of mid-range properties available. The former enjoys a wealth of mid-range riverside rental properties and complexes.
The Al-Tawwun neighborhood is extremely attractive to families. Close to the leisure destination of Al Qasba, families can enjoy numerous restaurants, cafes and the iconic Eye of the Emirates Ferris wheel. Muwaileh has several budget-friendly property developments and is one of the most affordable areas to live in Sharjah. It is also less than 15 minutes from a plethora of schools and nurseries.
Nestled between Sharjah’s Mega Mall and King Faisal Mosque, Al Qasimia is another favored residential area offering plenty of schools within close proximity. Packed with supermarkets, retail stores, and dining choices, it is close to Ittihad Square Park which is a popular picnic haunt.
Home to many expats families, Al Nahda has a myriad of high-end residential developments in the city catering to investors searching for furnished and unfurnished properties. For cost-effective waterfront living, look no further than Al Majaz. Brimming with one and two bedroom apartments, it is one of the trendiest residential areas in Sharjah boasting a glorious riverside location on Khalid Lake. Situated in the heart of Sharjah, it houses several well-known brands, restaurants, and a concert hall.
Family orientated, Sharjah has a rich Islamic culture packed with stunning architecture and museums. This forward-thinking emirate has a broad selection of distractions such as the Central Souk filled with 600-plus stores and the Sharjah Museum of Islamic Civilization. Discover 150-plus species of fish at Sharjah’s Aquarium or explore Al Noor Island with an incredible 500 exotic butterflies and beautifully manicured gardens.
Enjoy family fun activities at Adventure Land with an indoor jungle gym, amusement style rides and go-karts whilst culture-vultures can uncover ancient Bedouin history at Mlehia. The Museum of Calligraphy is the only museum in the region dedicated to this particular art with many precious exhibits on display.
For animal enthusiasts, the Arabian Wildlife Centre is an expansive site accommodating 100-plus species. Opened in 1999, this zoo has an aviary with a vast number of creatures including cheetahs, wolves, deer, hyenas, and scorpions among others.
Property ownership in Sharjah is restricted to UAE Nationals and GCC Nationals. However, foreigners are able to lease property for residential or commercial purposes. Property for sale in Sharjah is available through real estate agents or private sellers. There are a variety of properties available, from apartments to villas. Prices vary depending on the location and size of the property. For more information on purchasing or leasing property in Sharjah, contact a local real estate agent.
The answer to this question is no. Properties in Sharjah are not freehold. They are leasehold properties.
A leasehold property is a type of real estate that the owner does not own but has the right to use for a limited amount of time. The lessee (or tenant) pays rent or some other form of compensation to the lessor (or landlord) for this right.
When the lease expires, it either needs to be renewed or the lessee needs to vacate and give up their rights to use it.
In Sharjah, you have the option of renewing your lease at any time without having to vacate your premises if you choose not too
The Emirate of Sharjah is a popular destination for tourists and business travelers, and it is also home to a number of expatriates. However, when it comes to purchasing property in Sharjah, there are a few things to keep in mind. First, it is important to be aware of the local laws and regulations regarding ownership and transfer of property. Second, it is advisable to use a reputable real estate agent who is familiar with the market in Sharjah. Finally, it is important to get a professional opinion on the value of the property before making a purchase. With these considerations in mind, it is safe to say that buying property in Sharjah can be a wise investment.
When it comes to purchasing property in Sharjah, there are a number of factors to consider. Location is one of the most important, as it will determine the type of lifestyle you can expect. For example, if you want to be close to the city centre, then Al Khan or Al Qasba are good neighbourhoods to look at. If you prefer a more relaxed pace of life, then areas like Kalba or Khor Fakkan would be better suited. Another important consideration is budget. Properties in Sharjah range in price depending on their size and location, so it's important to set a realistic budget before beginning your search. Once you've taken all of these factors into account, you'll be able to narrow down your search and find the best neighbourhood for your needs.