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A hotel apartment is a type of serviced apartment that combines the features of a hotel with the conveniences of an apartment. It is not just a place to live; it offers a unique lifestyle. These properties combine the comforts of home with the luxury and services of a hotel. Whether you are an investor or looking for a residence, hotel apartments for sale in Sharjah provide fully furnished units with top-tier amenities like housekeeping, concierge services, and access to leisure facilities. With the increasing number of visitors to Sharjah, buying a hotel apartment in Sharjah can offer both personal comfort and rental income potential.
Sharjah stands as the cultural capital of the UAE, known for its rich heritage and modern infrastructure. Unlike its faster-paced neighbour, Dubai, Sharjah offers a more relaxed lifestyle while providing excellent connectivity and amenities. It is an ideal destination for families, professionals, and investors. As the city continues to develop, Sharjah has become a competitive player in the real estate market, offering opportunities for those seeking both luxury and affordability.
For those who value scenic waterfront living, Al Majaz is a top choice. Overlooking Khalid Lagoon, this neighbourhood is popular for its stunning views and vibrant atmosphere. Al Majaz offers hotel apartments and flats for sale, an attractive area for tourists and long-term residents.
Al Khan is known for its special coastal appeal. The area is ideal for those looking for peaceful surroundings while remaining close to landmarks like the Sharjah Aquarium and Al Khan Beach. Its environment and luxurious apartments attract buyers looking for premium residences.
A busy district in the centre of Sharjah, Al Qasimia is a popular location for those who prefer to be near commercial hubs. The area offers hotel apartments and flats for sale with access to shopping centres, schools, and dining options.
Muwaileh Commercial is a developing neighbourhood that offers more affordable options for buyers. Due to its proximity to schools and various amenities, the area is particularly favoured by families. It is a great option for those looking to invest in Sharjah’s real estate market without breaking the bank.
For those who commute to Sharjah but prefer Sharjah’s more affordable property market, Al Nahda is a perfect choice. It offers modern hotel apartments and flats for sale, with easy access to public transport links and shopping centres.
The property market in Sharjah will continue to grow steadily in 2024, with more investors eyeing affordable yet luxurious options. Hotel apartments and flats in Sharjah are gaining popularity due to the city's lower cost of living than Dubai while still offering a range of modern amenities.
|
Locality |
Price Range (AED) |
|
Al Majaz |
1M - 4M |
|
Al Khan |
1.5M - 6M |
|
Al Qasimia |
800K - 2.5M |
|
Muwaileh Commercial |
600K - 1.8M |
|
Al Nahda Sharjah |
700K - 3M |
The real estate market in Sharjah has been experiencing a steady rise in demand, driven by its competitive property prices and strategic location. Sharjah balances affordability and modern infrastructure, making it an attractive option for investors and residents. Unlike Dubai, Sharjah’s real estate remains more budget-friendly, especially in areas like Muwaileh Commercial and Al Qasimia, which offer hotel apartments and flats for sale starting from AED 600,000.
In premium areas such as Al Majaz and Al Khan, property prices range from AED 1 million to AED 6 million, reflecting the appeal of waterfront living and proximity to key cultural and leisure hubs. The city's infrastructure development and close connectivity to Dubai are key factors contributing to the increased interest in hotel apartments, particularly from international investors.
Sharjah’s real estate also benefits from a high rental demand, with many buyers purchasing properties to tap into the rental market. The city’s cultural appeal and affordable living costs continue to make Sharjah a preferred choice for families, professionals, and investors seeking value and long-term growth potential.
Before purchasing a property in Sharjah, it is important to account for various costs. A key expense is the property transfer fee, charged at 2% of the property’s value by the Sharjah Real Estate Registration Department. Other costs include real estate agency fees, typically 2-5% of the property’s price, and maintenance fees for the upkeep of communal areas and facilities, which generally range between AED 10 and AED 20 per square foot per year. Buyers using a mortgage will also need to factor in mortgage processing fees and registration fees, both set at 0.25%. Certain developments may also require contributions to a sinking fund for future building repairs and maintenance.
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For sale Al Salam Hotel in Sharjah, Al Khan area The hotel consists of: 150 Rooms 15 Suites 3 Floors parking Floor consisting of a restaurant and its
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For sale Al Salam Hotel in Sharjah, Al Khan area The hotel consists of: 150 Rooms 15 Suites 3 Floors parking Floor consisting of a restaurant and its
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These include the location’s proximity to business districts, schools, and recreational areas and the property’s available amenities like gyms, pools, and concierge services. You should also evaluate the property’s price, potential rental yield if you invest, and ongoing maintenance fees. These factors can significantly impact your quality of life and the property’s long-term value.
Yes, each building in Sharjah can have its own pet policy. While some properties may allow pets under specific conditions, others may restrict the type, size, or number of pets allowed. Some buildings may prohibit pets altogether. It is important to confirm the pet policy with the building management or real estate agent before finalising your purchase.
Foreign buyers can purchase property in designated freehold areas in Sharjah. Buyers must obtain a No Objection Certificate (NOC) from the developer and complete the property registration process with the Sharjah Real Estate Registration Department. Additionally, a registration fee of 2% of the property’s value must be paid, and buyers must provide valid passport or UAE residency documents.
Sharjah offers a range of mortgage options available to UAE residents and non-residents. Most banks provide loan-to-value (LTV) ratios of up to 80% for residents and between 50% and 75% for non-residents, depending on the buyer’s financial situation and the bank’s policies. Some developers also offer attractive payment plans, especially for new developments, which may reduce the need for traditional bank financing.
The best neighbourhood for you will depend on your lifestyle and preferences. Al Majaz and Al Khan are ideal for those seeking waterfront living, while Al Qasimia is well-suited for those who prefer to be in a busy, central area. Muwaileh Commercial is more affordable and popular with families, while Al Nahda Sharjah is perfect for those who commute to Dubai but prefer Sharjah’s lower living costs.
Compared to Dubai, Sharjah offers a lower cost of living. While some areas, such as Al Majaz and Al Khan, offer more luxurious living spaces, there are also more affordable options in places like Muwaileh Commercial and Al Nahda Sharjah. Costs such as rent, groceries, and utilities are generally lower in Sharjah than in Dubai.
To find an affordable hotel apartment or flat, consider neighbourhoods like Muwaileh Commercial, Al Nahda Sharjah, and Al Qasimia, where property prices are more competitive. You can also look out for developer offers, such as post-handover payment plans or discounts during property launches, making buying a property more affordable.
