Country/City
Sharjah, a cultural gem in the United Arab Emirates, presents a dynamic real estate market for buyers. Whether you're a first-time homebuyer or an experienced investor, exploring the opportunities in Sharjah's 2-bedroom apartment market can be rewarding.
This comprehensive guide will provide valuable insights into the key factors to consider when purchasing a 2-bedroom apartment in Sharjah. From understanding the diverse neighbourhoods to navigating the financial aspects, this resource will equip you with the knowledge.
Sharjah has great neighbourhoods for buying a 2 BHK. Here are the best places to buy a 2-bedroom in Sharjah.
Muwaileh is a popular area in Sharjah that's growing quickly. It's known for having affordable apartments and being close to schools and universities. Many first-time buyers and families like this neighbourhood because it has a good mix of mid-priced homes. Real estate in Muwaileh is usually cheaper than other parts of Sharjah. Many new buildings with modern 2-bedroom apartments have gyms, parking, and parks.
Aljada is a popular development in Sharjah that offers modern apartments in a community with different types of businesses and living spaces. The 2-bedroom apartments in Aljada are known for their nice design, good materials, and things like swimming pools, gyms, and shopping areas. Aljada is also a good place to invest because the property's value will likely increase as the community grows.
Maryam Island is known for its beautiful apartments with ocean views. The 2-bedroom apartments here offer amazing views of the sea and access to beaches, walking paths, and fancy restaurants. Real estate on Maryam Island is more expensive and perfect for people who want a luxurious lifestyle. Properties in this area are also good for renting out, attracting investors who want to rent out their properties for short or long periods.
Sharjah Waterfront City is a premium development focused on luxurious living surrounded by water canals and beaches. The spacious 2-bedroom apartments here offer residents access to resort-style amenities such as private beaches, marinas, and retail outlets. This neighbourhood is perfect for those seeking an exclusive, nature-driven lifestyle, with prices reflecting the premium features and location. It’s a prime area for both investors and homeowners looking for a long-term residence in a serene setting.
If you're thinking about buying a 2-bedroom apartment in Sharjah, it's important to know how much they usually cost. This section will give you a general idea of the prices and help you make a good decision.
|
Locality |
Average 2 Bedroom Price (AED) |
|---|---|
|
Muwaileh |
399,000 - 2,150,000 |
|
Aljada |
815,000 - 1,920,000 |
|
Al Khan |
428,932 - 1,599,000 |
|
Al Tai |
1,298,000 - 1,696,000 |
|
Tilal City |
900,000 - 1,726,000 |
|
Sharjah Waterfront City |
608,000 - 1,280,000 |
|
Barashi |
1,200,000 - 1,690,000 |
|
Al Majaz |
550,000 - 1,250,000 |
|
Al Taawun |
550,000 - 890,000 |
|
Al Mamzar |
850,000 - 1,460,000 |
The Sharjah real estate market is experiencing a steady rise, with increased interest in affordable, high-quality apartments. The average price for a 2-bedroom apartment is about AED 1.3 million. Popular areas like Muwaileh, Aljada, and Maryam Island are drawing investors and homebuyers. The emirate's appeal is boosted by affordable options, family-friendly neighbourhoods, and its proximity to Dubai. Sharjah offers the potential for increasing property values and rental income, making it attractive for residents and investors.
Here are the key costs to consider before buying a 2 BHK in Sharjah:
Note: The above charges are subject to changes. Variations in government policies, location and other factors may affect these costs. Homebuyers looking for two BHK for sale in Sharjah must regularly check the latest updates with the appropriate authorities or service providers.
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The most popular areas for 2-bedroom apartments for sale include Muwaileh, Aljada, Maryam Island, and Sharjah Waterfront City, known for their vibrant communities and amenities.
Local and international banks offer home loans to purchase a 2-bedroom in Sharjah. Depending on the bank and your creditworthiness, interest rates typically range between 2.75% and 4% per annum.
The average rental yield for a 2-bedroom apartment in Sharjah is between 6% and 8% per year. The exact rental yield can vary depending on the location of the property and its specific features.
Investing in a 2-bedroom apartment in Sharjah offers strong potential for rental income and long-term capital appreciation. Affordable prices, a growing population, and a stable economy contribute to attractive investment prospects.
Yes, there are affordable 2-bedroom apartments in Sharjah, particularly in Muwaileh and Aljada, where prices are relatively lower, making them ideal for first-time buyers.
