Sharing borders with Dubai, Sharjah enjoys a strategic location. The hassle-free inter-emirate travelling experience makes it an attractive option for aspiring settlers. These factors translate into the emirate’s rapidly growing real estate market. Sharjah offers different property types, catering to the diverse requirements of investors and buyers. People on the lookout for small residential units can select from a range of studio apartments in the city. Narrowing down the available options, here we’ve compiled a list of top areas to buy studio apartments in Sharjah based on dubizzle data.
Exploring the Top Areas to Buy Studio Apartments in Sharjah
Similar to popular areas to rent studio apartments in Sharjah, there are sought-after localities with studio apartments for sale. Buying a studio apartment in Sharjah costs AED 434k on average with a 4.38% ROI.
Now, let’s learn more about popular communities to buy studio apartments in Sharjah, detailing the average prices and ROI.
Muwaileh
Muwaileh is quite popular for buying property in Sharjah. The residential area is known for its family-friendly atmosphere and affordable housing options. The area has witnessed a consistent demand for apartments for sale due to all such conveniences.
Besides, it is located in proximity to Sheikh Mohammed Bin Zayed Road (E311). The average price for apartments for sale in Muwaileh depends on the size and configuration. For instance, a studio apartment is available for AED 456k, offering an ROI of 4.82%.
Aljada
Aljada is in proximity to Sharjah’s city centre. As a result, the neighbour enjoys nearby access to major urban attractions and Sharjah public transport. Residents of this well-connected neighbourhood can either take a bus or commute via taxi.
Home to modern apartments surrounded by an array of amenities, Aljada offers a vibrant lifestyle. It also makes the list of popular neighbourhoods to buy studio Apartments in Sharjah. Studio apartments for sale in Aljadah have an average price of AED 391k with an ROI of 4.89%.
Sharjah Waterfront City
Located on the north-eastern coast, Sharjah Waterfront City is a multi-billion dollar project. The coastal destination is envisioned to include ten man-made islands with an area exceeding 60 million sq ft.
Residents of the neighbourhood are surrounded by picturesque beaches. The locality is also dotted with shopping and leisure destinations. It is among the popular communities to buy studio flats in Sharjah. Let’s take a look at the average price tag of an apartment for sale in Sharjah Waterfront City. A studio apartment is available for an average of AED 419k. As it is an up-and-coming development, studio apartments here yield an impressive 7.07% ROI. The returns are higher than all other areas on the list.
Al Khan
Al Khan is another picturesque waterfront community. It is also among the top areas to buy 1-bed apartments in Sharjah. The area features apartments with stunning views of the creek. Moreover, landmarks like the Sharjah Aquarium and Sharjah Expo Center further add to the charm of Al Khan.
The skyline of the locality is defined by a cluster of skyscrapers and mid-rise buildings. These settlements offer a range of units for apartment seekers to pick from. For instance, the average price to buy a studio apartment in Al Khan is AED 440k with an ROI of 5.37%.
FAQs
Which popular area offers the highest ROI on studio apartments in Sharjah?
As an up-and-coming development, Sharjah Waterfront City offers an impressive 7.07% ROI on studio apartments.
Are these family-friendly neighbourhoods?
Yes, all the above-listed areas offer many things to look for in a family-friendly neighbourhood, such as serene environments, outdoor activities, etc.
Are there any freehold areas in Sharjah?
Yes, there is a long list of sought-after freehold areas in Sharjah where expats can buy or invest in real estate.
There you have it – a round-up of top areas to buy studio apartments in Sharjah. Besides, the emirate offers different types of properties to UAE buyers and investors.
Meanwhile, you can also explore a wide-ranging list of apartments for sale in Sharjah. The residential units are spread across the emirate, catering to different requirements and budgets.
For more useful updates on popular family-friendly neighbourhoods to buy Studio Apartments in Sharjah, keep reading the dubizzle property blog.
