GEM Residences is an upcoming complex that will be located on Maryam Island, in Sharjah. The development company of the project is Eagle Hills and the estimated handover date — Q4 2027.
Real estate in GEM Residences will be presented by 1–4 bedroom apartments, 3-4 bedroom townhouses and 4-bedroom penthouses. The total number of units is 98. Residences in the development will provide amazing sea and beach views.
The starting price for a 1-bedroom residence in the project — AED 880K (USD 240K). The developer offers a 30/70 payment plan.
The infrastructure of the residential project will include a gym, swimming pools for adults and children and a kids’ playground. Designated parking spaces are available at GEM Residences.
GEM Residences offers a prime location in Sharjah, ensuring seamless access to key destinations. Nestled beside Corniche Road, residents enjoy a short, 10-minute drive to Al Nahda and Al Majaz, while reaching Sharjah International Airport and Dubai takes about 25 minutes.
For everyday needs, the nearby Luluat Al Rizk Supermarket caters to grocery shopping. The vicinity of GEM Residences provides diverse amenities, including well-regarded educational institutions such as Westford University College and Victoria International School of Sharjah. Healthcare services are readily available close by at Mazaya Medical Center – Sharjah and IRC-Taawun. Just 5 minutes away by car is Expo Centre Sharjah, a hub for exhibitions, conventions, and trade fairs.
Investors can anticipate a steady revenue stream from an average ROI of 6% on Maryam Island properties, with starting rental rates at AED 48K (USD 13K) as of Q4 2024.
Moreover, a property investment of AED 2M (USD 545K) or more in Sharjah qualifies one for a 10-year Golden Visa. For further details, please reach out to our specialists.