The Arab Capital of Culture, Sharjah, is a more conservative emirate than Dubai. It is popular among professionals working in Dubai due to its affordable abode options and among families looking to settle in the city due to its family-oriented environment. Being a blend of affordability and a family-centric milieu, people are always on the hunt for apartments for Sale in Sharjah.
Life in Sharjah is a life of convenience: the city grants easy access to other parts of the UAE, especially Dubai; it has reliable health and educational facilities; commuting is easy and cheaper than in neighbouring emirates. However, as Dubai is known for its bustle and dynamic lifestyle it promises, Sharjah is the opposite and is a preferred destination for people who want to stay close to Emirati culture and get settled in a family-friendly city. In short, Sharjah attracts single professionals after cheap accommodation and families who prefer an amble and relaxed environment.
Whether you are looking to buy an apartment in Sharjah to live in or to rent it out to other people, it is a good investment. The emirate features a blend of developments - old and new. Since the emirate now allows foreigners to purchase property in Sharjah, recent developments have become a source of attracting foreign investments in the region. Of these properties, flats have the highest demand mainly as they are the universal choice for residence. Zoom Property has more than 250 listings in a wide price range and amenities, allowing people to browse through apartments for Sale in Sharjah and pinpoint what suits them perfectly.
Sharjah is a mix of communities where cosmopolitanism and cultural heritage co-exist. The neighborhoods of Maryam Island and Sharjah Waterfront City are popular among people who like living on waterfront properties. These communities stand among fully developed communities in terms of amenities and living facilities; you do not have to travel far for simple gigs like shopping. Maryam Island is preferred more by families; hence 2-bed and 3-bed apartments are in good demand. Another popular area among families is Muwaileh, where apartments are in good demand and liked by residents and investors alike.
Next comes a new development of Al Jada located on the outskirts of Sharjah. Both local and foreign investors are showing keen interest, but the options are few as it is still under development.
Although it varies significantly on the location, a studio flat in Sharjah typically starts from 280,00 to 300,00 AED. Next, the average price of 1-bed and 2-bed apartments for sale in Sharjah is 590,000 AED and 850,000 AED respectively, while that of a 3-bed apartment is 1,250,000 AED.
Can a foreigner buy an apartment in Sharjah?
Yes, after the amendment of property ownership laws in 2014, foreigners can buy properties in Sharjah, including apartments and flats.
Is Sharjah a good place to live?
Sharjah offers an easy-going lifestyle and is more affordable than Dubai and Abu Dhabi. It is more conservative than Dubai; hence is popular among families looking to settle down.
Is it better to live in Sharjah or Dubai?
That really depends on your preferences. Sharjah has low rental costs, and transport is cheaper than Dubai. But Dubai is better in luxury and offers a vibrant life of bustle.
Is income in Sharjah tax-free?
The UAE does not levy a tax on income. So if you are in Sharjah, there is no need for an income tax return.