Top areas for expats to buy a property in Sharjah
Sharjah is becoming an attractive destination for global real estate investors interested in owning real estate in the UAE. The emirate offers an exciting range of real estate options for foreign investors in Sharjah. There are plenty of new developments being launched across the city as the UAE’s cultural capital prepares to meet the rising housing demands of the region with sustainable and appealing concepts of community living.
Can Expats Buy Property in Sharjah?
In 2014, the Government of Sharjah made landmark reforms to the real estate ownership laws pertaining to expat property investment. The initial amendments allowed non-GCC nationals to buy real estate in Sharjah as long as they had a valid residency visa. However, foreign investors could purchase only up to five properties.
After a law change in 2018, it became possible for overseas investors to purchase real estate in Sharjah without a residency visa on leasehold basis. Whereas in 2022, the government updated real estate laws which provided a clear pathway for inheritance rights linked to freehold properties. While we can expect more changes in the future, currently, these are the most popular areas for foreign investors in Sharjah.
Best Areas for Expat Property Investment in Sharjah
If you’re a foreign investor interested in buying properties in Sharjah, you can choose from apartments, townhouses, villas, duplexes and even residential plots – depending on your budget, preferences, and lifestyle. Foreign investors can consider apartments and villas for sale in Sharjah.
According to search trends on Bayut, these are the top areas for foreigners to invest in Sharjah.
Aljada
Located near Sharjah Airport International Free Zone (SAIF) and University City, Aljada is the first real estate destination with freehold properties in Sharjah. Offering an ideal combination of work, entertainment, retail, recreation and living standards, this unique urban community has successfully attracted expat investment in Sharjah real estate.
PROPERTIES IN ALJADA
Promoting an active lifestyle, Aljada by Arada promises luxury living at affordable prices. When investing in residential properties, you can choose from penthouses, townhouses, villas and high-end apartments.
- To buy a studio in Aljada, you can expect to pay a starting cost of AED 260k.
- The starting price is AED 285k and AED 450M for 1 and 2-bed flats.
Browse Aljada floor plans to figure out which properties suit your requirements.
AMENITIES IN ALJADA
Aljada is designed for stress-free living with amenities and facilities that support this lifestyle. The area has schools, mosques, clinics, outdoor sports facilities, a library, a civil defence centre, a post office, and even hotels and offices as part of its premises. Those who buy a flat in Aljada can enjoy all these amenities and more.
AL MAMSHA
Next on our list of top areas for property investment in Sharjah for foreigners is the mixed-use community of Al Mamsha. Integrating modern living with contemporary lifestyle elements like leisure and retail, Al Mamsha is a vibrant urban development that brings you a whole new range of leasehold apartments for sale in Sharjah. The area also has unique architecture, retail spaces and entertainment districts that create an attractive living environment.
- 3 BEDS
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- 4 BATHS
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- 3186 SQFT
- 1 BED
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- 2 BATHS
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- 727 SQFT
When a foreigner asks experts where to invest in Sharjah, apartments for sale in Al Mamsha are often mentioned during the conversation.
PROPERTIES IN AL MAMSHA
Offering contemporary and high-quality residential choices, this community in Muwaileh is popular amongst families and bachelors. The community boasts leasehold luxury apartments in 1, 2 and 3-bed variations. Studio apartments are also available in a variety of floor plans to meet the varying needs of Sharjah real estate customers. If you want to invest in something bigger, Al Mamsha has 2 and 3-bedroom duplex apartments with gardens and private terraces as well.
- The starting price of a studio in Al Mamsha is AED 320k.
- It rises to AED 450k when it comes to 1-bed flats.
- For larger 2 or 3-bed flats, you can expect to pay a minimum of AED 600k and AED 1.2M, respectively.
Check out Al Mamsha floor plans to determine which properties are ideal for you and your family.
AMENITIES IN AL MAMSHA
Ideally located only minutes from the Sharjah International Airport, Al Mamsha in Muwaileh is definitely one of the best areas for foreign investors in Sharjah. The project enjoys a prime location close to the University City that houses the American University of Sharjah, Skyline University College and other top universities in Sharjah.
While the location is excellent, the development itself offers wide-ranging communal amenities. Investing here provides access to retail outlets, entertainment centres, nurseries, schools and a kids’ play area. Swimming pools, high-tech gymnasiums and health club facilities are also available. Even if you don’t choose to live here, there will still be a high demand to rent properties in Al Mamsha, thanks to these conveniences.
TILAL CITY
Tilal City is an investors’ haven. This first-of-its-kind development provides you with a never-before opportunity to buy leasehold land in Sharjah and build your property.
This mixed-use development spanning 25 million sq. ft. is located on Emirates Road (E611). Tilal City is Sharjah’s first-ever master-planned community, designed for conducive community living. Tilal City has four distinct divisions that include residential, commercial, entertainment and retail offerings. Hence, it is no surprise that Tilal City has become one of the most popular areas for expats to invest in Sharjah.
PROPERTIES IN TILAL CITY
You can find 1, 2 and 3-bed apartments for sale in Tilal City. The design of the apartments ensures the maximisation of space. Plus, the amenities on offer in the buildings will satisfy the entire family.
- The starting cost of a studio in Tilal City would be AED 510k.
- It jumps up to AED 867k and AED 1.6M for 2 and 3-bed flats.
- When it comes to villas, a 3-bed house will go for at least AED 2.2M.
- For a 4-bed unit, the minimum investment required would go up to AED 2.6M and AED 4.9M for a 5-bed villa.
AMENITIES IN TILAL CITY
The popularity of an area in terms of living and investing is highly influenced by the facilities available in and around it. Like the areas mentioned above for foreigners to invest in Sharjah, the Tilal City master plan includes lifestyle amenities. You can find dedicated retail areas, including independent outlets and a mega-shopping mall.
FAQS ABOUT AREAS FOR EXPATS TO BUY A PROPERTY IN SHARJAH AND MORE
WHICH ARE THE MOST POPULAR AREAS TO RENT FLATS IN SHARJAH?
Looking for a rental flat in the emirate? Here’s a list of the top buildings to rent flats in Sharjah.
WHICH ARE THE MOST POPULAR RESIDENTIAL AREAS FOR FAMILIES IN SHARJAH?
If you are looking for a family home, consider these best residential areas in Sharjah.
The changes in Sharjah’s legislation have opened up new possibilities for foreign investors. Similarly, top areas for foreign investors in Sharjah have seen a significant inflow of money and are likely to grow further in the future as the government introduces other law amendments.
So, now you know the answer to the question, where to invest in Sharjah? To keep up with the market trends and real estate news in Sharjah and the rest of the UAE, stay tuned to MyBayut.
Hello there
This is Ahmed Sultan
Marketing executive in Tilal properties can I need to get in contact with anyone from your end about this article, as soon as possible, please.
Hi Ahmed,
You can reach out to our team on mybayut@bayut.com.
Thanks