The city of culture and commercial importance is situated in the desert of the UAE with views of the Arabian Sea. It is one of the 7 emirates of the UAE and holds a unique position. With its cultural community around it, it is one of the UAE’s preserved Islamic cities even now.
Therefore, it has also become a place for practicing people and those invested in earning some extra profits. If you’re looking for investment opportunities or just want city life with less crowds, Sharjah apartments are the best decision. However, you must understand the city along with the benefits of buying an apartment in Sharjah.
So, the expert real estate agents in UAE can guide you, too, but you should also do your own homework.
Sharjah – A City Of Sustainability And Growth
When we think of UAE real estate investment, we always think of Dubai as the best opportunity. But there are other emirates, too, including Abu Dhabi and Sharjah, which offer amazing investment goals. Sharjah is one of the popular emirates—often neglected but still a choice of many investors.
Sharjah Sustainable City stands out in the argument over villas versus apartments. This environmentally friendly residential community offers the advantages of both villas and flats for sale in Sharjah. You have the size and seclusion of a villa with the community feel and cheaper maintenance of an apartment.
Furthermore, with a focus on sustainability, it includes a number of eco-friendly elements such as solar panels, which can assist in reducing utility bills.
- Sharjah City distinguishes itself from other real estate possibilities by its commitment to sustainability.
- The city is powered by renewable energy from rooftop solar panels and constructed with environmentally friendly materials. This leads to decreased running costs for residents.
- The city also reuses 100% of its wastewater for landscape irrigation and prioritizes recycling to prevent trash from going to landfills.
- As an added bonus, the city encourages food security by hosting indoor agricultural facilities and solar-powered greenhouses that produce approximately 10,000 kg of chemical-free leafy greens and vegetables every year.
- The city also promotes a healthy lifestyle through numerous facilities such as parks, bike routes, and a communal farm.
- Moreover, its clean and pollution-free atmosphere makes it the best real estate in Sharjah, offering people a wonderful living experience.
So, all in all, it serves the purpose of many visitors, residents, and investors as well. But is it all it offers when it’s about apartments? Let’s talk about other pros and cons of buying apartments in Sharjah.
Why Sharjah is a Prime Location for Real Estate Investment
Sharjah is a very popular market for worldwide investors looking for the UAE property market. Anyway, If you want a great place to invest your hard-earned money for real estate. Keep in mind Sharjah’s thriving real estate market.
There are all the suitable facilities, and the cost of living is cheaper than in Dubai, which is ideal for real estate investment. Don’t miss this great opportunity.
Pros and Cons of Buying an Apartment in Sharjah
There are many benefits to getting an apartment in Sharjah, and a real estate company in Dubai may tell you about it after naming so many other cities at the top. Just read more to understand the pros and cons and make a better decision for your investment.
Pros:
-
Affordable Price, Easy on the Pocket
You don’t have to spend extravagantly to get an apartment in Sharjah. Whether you are going to reside there or rent it out, they are quite affordable, starting from AED 38,000 to AED 19,095,000. Invest or live there; it all depends on you.
-
Low Cost of Living
With easy transportation and groceries available at low rates, you will find that it requires a low cost of living, especially when you are just starting out.
-
Low Property Taxes
Property taxes are simple: just around 4% when you buy or sell the property, and it is only the transfer fees.
-
Flexible Payment Plans for Off-Plan Project
Many real estate developers in Sharjah offer appealing payment arrangements for their off-plan properties. These typically include 60/40, 80/20, or 50/50 payment arrangements. These programs allow customers to spread the expense of the property over a longer period, making it more manageable.
Cons:
-
Limited Nightlife:
Compared to Dubai, Sharjah’s nightlife scene is less vibrant. If you like to spend your time in simple ways at night, this is your city.
-
Fewer Job Opportunities:
As it is a small city with limited businesses, few job opportunities exist. This could make it challenging for job seekers to find specialized roles or high-level positions.
-
Less International Flair:
Sharjah’s cosmopolitan atmosphere is less pronounced than in Dubai. This may limit exposure to diverse cultures and international networking opportunities.
-
Stricter Regulations:
Some regulations, such as alcohol consumption, might be more stringent in Sharjah. This could impact residents accustomed to more liberal social norms and practices.
Bottom Line
If you want some expert guidance on the property for sale in Sharjah, you can get in touch with the professional. They will not only offer you a database of apartments and flats but also make paperwork and legislation easy for you.
Las Colinas agents are ready to assist you. Contact us to explore the best and most recent residential properties for sale in Sharjah. We’re here to help you find your ideal home.
