Properties for sale in Sharqan

Located close to the Persian Gulf, Sharqan is a residential community in the Emirate of Sharjah. Sharjah is most preferred for residential purposes by people who work in Dubai as the rate of properties in Sharjah is lower as compared to Dubai. It is also easy to commute from Sharjah to Dubai. Sharqan is located close to Al Mirgab Street between Ali Bin Hamad Al Shamsi and Al Sharq roundabout. As soon as the area of Al Muntazah is crossed, the serene view of Arabian Gulf can be seen from the tenants of Sharqan. The area has a variety of residential options and properties that are available on rent and sale.

Types of Properties in Sharqan

The properties for sale in Sharqan include villas and residential plots. The plots come with the option of getting it constructed according to buyer’s defined infrastructure. The residential plots are available ranging from 7500 sq.ft. to 8000 sq.ft. The residential plots are ideal for constructing big villas or residential towers. The villas comprise of multiple floors including a basement. The ground floor contains a master bedroom, a large and spacious lounge, and storage area. The kitchen is fully equipped. The first floor comprises 3-bedroom with balconies that showcase the view of the community. Villa is fully fortified and has an interlock. There are separate rooms for maid and driver with a discreet entrance. There is a private garden and swimming pool within the vicinity of villas. The houses have parking space for two vehicles. The villas have a beautiful exterior of double glazed windows.

Sale Price Trend for Properties in Sharqan

The sale price trend in Sharqan varies according to different factors such as a number of bedrooms and the specific location. Some of the residential plots' price is based per sq.ft. basis. On an average, the sale trend of residential plots ranges from AED 1,300,000 to AED 1,500,000. The price of villas in Sharqan ranges from AED 1,500,000 to AED 8,500,000. Some real estate developers offer financing solutions and bank instalments for up to 25 years for expats and up to 30 years for nationals (Emiratis) with certain benefits and amenities. The properties are also available on a mortgage with a flexible interest rate of 3.24% and a down payment of 25%. The total amount is to be paid over a period of 25 years.

Popular Areas in Sharqan

The residential community of Sharqan has all the basic necessities within its proximity. The Canadian Pre School, British Rose Nursery, British Orchard Nursery, and ASPAM Indian International School are situated very close to the residential area. Whereas, hospitals such as Noor Al Fajr Medical Centre, Al Ahram Medical Centre, and British Model Complex are within the proximity. For food lovers, many eateries and restaurants are in the area like Fatayet Al Tahoonah Al Zarqa, Sadaf Restaurant, McDonald's, Hardees, Texas Chicken, and Pizzaro – Al Shaab. The nearby malls are Grand Malls, Nesto, Al Shaab Village and Oasis Mall.

Reasons for Investing in Sharqan

Before investing in any area, the buyers look for basic necessities the area has to offer. Sharqan is one such area with all the basic amenities needed by people. Sharjah is a hub of real estate options. The prices of residential units in Sharjah are also considered very affordable that is why people who work in Dubai prefer living in Sharjah as it is very easy to commute to Dubai from Sharjah. From Sharqan, Dubai is hardly 40 minutes away. Mosques, grocery shops, park, and malls are all located very near to this area. The residential units have amenities of broadband internet, satellite/cable TV and intercom. The properties in Sharqan are also reasonably priced and are a decent option for investment. The other nearby properties in Sharjah are Al Fayha, Corniche Ajman and Al Sabkha.