Overview

Property Description

On Maryam Island in Sharjah, Shams Residences is a modern seven-storey residential complex being developed by Eagle Hills and scheduled for completion in the second quarter of 2023. Apartments will range from studios to one- to three-bedrooms, as well as penthouses with four bedrooms. There is a range of sizes, from 32 sq. m (348 sq. ft) to 150 sq. m (1,622 sq. ft), and the price per square metre starts at AED 1,333 (USD 360). Furnished studios cost AED 463,888 (USD 125,250). *Prices are valid for 2021 only Maryam Island is an excellent place to invest in the local real estate market. Properties are expected to yield a return on investment between 6% and 9%. Since there is an ever-growing demand for real estate in the area, return rates are expected to increase in the coming years, meaning a 10- or 12-year payback period will be possible.

Location