Top Off-Plan Projects in Sharjah for Indian Buyers

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As the third-largest emirate in the United Arab Emirates, Sharjah is a hot target for real estate investment, particularly among Indian homebuyers. Sharjah offers an attractive mix of choices – affordability, potential for strong financial returns, and a dynamic lifestyle – with its active real estate market and varied choice of off-plan property developments. This article highlights the top off-plan projects in Sharjah that Indian investors should consider.

Why consider off-plan projects in Sharjah?

Buying off-plan real estate in Sharjah offers several benefits. These include appealing prices, possible high return on investment, flexible payment plans, and a wider selection of units. Modern conveniences and smart home technology abound in new developments, catering to current tastes. Sharjah’s expanding economy and rising demand for homes also make this an ideal time for real estate investment in the emirate.

Top off-plan projects in Sharjah

Let’s look at some of the most sought-after neighborhoods in Sharjah to purchase off-plan properties. We’ve included helpful details from Bayut, a leading property portal in the UAE. You can look for Sharjah’s off plan properties on Bayut and compare different properties to find the one that matches your tastes and lifestyle.

●     Rimal Residences

Located next to the Maryam Gate Residences, Rimal Residences is a forthcoming apartment skyscraper offering a selection of studio, 1-bedroom, and 2-bedroom units. With a total of 203 residential units, this project is perfect for small families, couples, and solo professionals.

Key features:

• Unit sizes range from 355 to 1,039 sq. ft.
• Cozy balconies or spacious terraces
• Split ducted A/C system with thermostat controls
• High-quality appliances and intercom systems
• Proximity to beautiful parks and shopping facilities
• Starting price of studios: AED 400,000
• Expected handover: Started in July 2024

●     Jawaher Residences

Designed by Eagle Hills, Jawaher Residences is a posh nine-story construction on Maryam Island. There are 198 apartments in this complex, ranging from four-bedroom to studio units.

Key features:

• World-class amenities, including a swimming pool and gym
• Open green spaces for outdoor relaxation
• Stunning front view of the water promenade and beach
• Strategic location on Maryam Island
• Starting price of studios: AED 770,000
• Expected handover: Q1 2025
• Payment plan: 30/70 (30% pre handover and 70% post-handover)

●     Mesk Residences

Mesk Residences is another high-end project by Eagle Hills on Maryam Island. It has 203 apartments, including flats, one-bedroom apartments, and two-bedroom apartments.

Key features:

• Comprehensive health, fitness, and leisure amenities
• Flexible payment plans for easy booking
• Prime location in the heart of Maryam Island
• Starting price of studios: AED 430,000
• Expected handover: Q1 2025
• Payment plan: 30/70 (30% pre handover and 70% post-handover)

●     Crystal Residences

A 12-story structure on the lovely Maryam Island, Crystal Residences provides amazing views of the Arabian Gulf. There is a wide spectrum of property units in this waterfront property development to cater to diverse tastes.

Key features:

• Luxurious 1 to 4-bedroom apartments
• 3 and 4-bedroom townhouses and duplexes
• Contemporary, vibrant lifestyle with upscale amenities
• Proximity to top-notch facilities
• Starting price of 1 BHK: AED 950,000
• Expected handover: Q4 2025
• Payment plan: 30/70 (30% pre handover and 70% post-handover)

●     Aysha Residences

With a mix of studios to 3-bedroom flats, Aysha Residences is the most recent residential development by Eagle Hills in Sharjah.

Key features:

• Resort-style amenities including gym, swimming pool, and spa
• Scenic waterfront promenade
• Modern design and finishes
• Starting price of 1 BHK: AED 692,000
• Expected handover: Q1 2026
• Payment plan: 50/50 (50% pre handover and 50% post-handover)

Villa and townhouse projects in Masaar

One of Sharjah’s most tranquil residential communities is Masaar, a wooded neighborhood created by Arada. Masaar offers a distinctive living experience near nature with more than 50,000 trees and other social facilities. For Indian purchasers seeking villas and townhouses, the following off-plan developments in Masaar may be considered:

●     Robinia

Comprising 2- to 4-bedroom townhouses and 4- to 5-bedroom villas, Robinia is the third phase of Masaar.

Key features:

• Customizable color schemes (warm or cool)
• Spacious backyards and maid’s quarters
• Multiple balconies for outdoor relaxation
• Designated parking spots
• Starting price of 2 BHK townhouses: AED 1.37 million
• Handover: Started in June 2024
• Payment plan: 40/60 (40% pre handover and 60% post-handover)

●     Azalea

Azalea provides elegant 4- to 6-bedroom villas as well as 2- to 4-bedroom townhouses.

Key features:

• Kids’ play area and swimming pool
• Modern gym and 24/7 security
• Outdoor sitting areas
• Proximity to shopping mall
• Starting price of 2 BHK townhouses: AED 1.55 million
• Expected handover: Q4 2024
• Payment plan: 40/60 (40% pre handover and 60% post-handover)

●     Sarai

Sarai is a special community of 36 luxury mansions tucked away among verdant forests.

Key features:

• Breathtaking views of surrounding landscapes
• Lavishly designed interiors with smart technology
• Private gardens, pools, and leisure zones
• Central location within Masaar
• Starting price of 4 BHK villas: AED 2.1 million
• Expected handover: Q1 2026
• Payment plan: 40/60 (40% pre handover and 60% post-handover)

●     Sequoia

Sequoia, which is in northern Masaar, provides a luxury living environment within a remote wooded enclave.

Key features:

• Range of property types from 2-bedroom townhouses to 6-bedroom villas
• Nature-inspired design combined with modern smart home technology
• Easy access to Masaar Central (retail and entertainment hub)
• Starting price of 3 BHK villas: AED 1.74 million
• Expected handover: Q4 2025
• Payment plan: 45/55 (45% pre handover and 55% post-handover)

●     Saro

Comprising a selection of 2- to 6-bedroom woodland signature collection townhouses and villas, Saro is the seventh and last phase of Masaar.

Key features:

• Integration of nature-inspired architecture with smart home technology
• Lush green surroundings
• Access to all Masaar community amenities
• Starting price of 3 BHK villas: AED 1.68 million
• Expected handover: Q2 2026
• Payment plan: 45/55 (45% pre handover and 55% post-handover)

Disclaimer: Property prices and market conditions may change. This information is for guidance only. Conduct thorough research and due diligence before investing.

Conclusion

For Indian investors aiming to diversify their portfolios and benefit from the emirate’s expanding real estate market, Sharjah’s off-plan property market offers numerous opportunities. The projects highlighted in this article each present unique features and potential for significant appreciation, making them some of the most promising off-plan developments in Sharjah. These developments offer a compelling option for long-term wealth creation and lifestyle enhancement for Indian buyers seeking opportunities beyond traditional markets.

Frequently asked questions

Q1. Are there specific visa requirements or residency options for Indian buyers in Sharjah?

A: Based on property ownership, Indian buyers may explore immigration options such as investment visas or residency permits. For comprehensive guidance, it is recommended to consult with an immigration lawyer.

Q2. What are the risks of investing in off-plan projects?

A: Project delays, developer financial problems, and market downturns are among the possible risks. Due diligence, choosing reputable developers, and an understanding of contracts can mitigate these risks.

Q3.  How do rental yields in Sharjah compare to other locations?

A: Compared to other cities in the UAE, Sharjah generally offers competitive rental yields. However, specific returns can vary based on the property’s type, location, and market conditions. It is advisable to conduct thorough research or consult with a real estate professional for more accurate insights.

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