In the UAE, Sharjah is known for offering a lower cost of living compared to emirates like Dubai and Abu Dhabi. As for buying properties, from apartments to villas, Sharjah also offers economical property units. We have curated a list of areas to buy 1-bed flats at economical rates. The average price for a 1-bed apartment in Sharjah averaged AED 788,000 with a 3% ROI. Let’s explore the popular areas to buy a 1-bedroom apartment in Sharjah, along with their average prices and available amenities.
Popular areas to buy a 1-bed apartment in Sharjah
Living in an apartment on rent in Sharjah offers a unique blend of affordability, convenience and a rich cultural experience. The city’s strategic location offers easy access for those working in Dubai, making inter-emirate commuting efficient. Additionally, the variety of rental options makes it an appealing choice for anyone looking to experience Sharjah’s rental journey. Let’s discover the popular areas to buy a 1-bed apartment in the city.
Disclaimer: The areas and prices mentioned below have been extracted from dubizzle data board according to the portal’s listings. They do not necessarily represent the actual transactions happening in Sharjah.
Muwaileh
Muwaileh is a sought-after residential area in Sharjah known for its affordable housing options and family-friendly atmosphere. The area experiences consistent demand for rental apartments due to its affordability and convenient location, close to Sheikh Mohammed Bin Zayed Road (E311), officially known as Burj Khalifa.
The average price for a 1-bedroom apartment in Muwaileh is AED 694,000, offering a respectable ROI of 3.84%.
Typically, 1-bedroom apartments for sale in Muwaileh are equipped with central air-conditioning and a central heating system. They also feature amenities such as satellite/cable TV connections and intercom facilities. Apartments in Muwaileh also boast electricity backup, a 24-hour concierge service and CCTV monitoring for enhanced security.
Aljada
Next on the list of popular areas to buy 1-bed flats in Sharjah is Aljada. Developed by Arada Developments LLC, the area is conveniently located near Dubai International Airport and Sharjah International Airport. The price for buying 1-bed apartments Aljada averaged AED 880,000 with an ROI of 3.96%. Moreover, the area also offers many rental options. Case in point: the area is classified among the popular areas to rent studio apartments in Sharjah.
Al Khan
This waterfront community in Sharjah features stunning apartments with views of the creek. Additionally, the area is renowned for landmarks like the Sharjah Expo Center and the Sharjah Aquarium. Numerous mid to high-rise apartment buildings are available for residents to select from.
As for economical living, the area is also among the popular areas to buy a 1-bed apartment in Sharjah. The price to buy 1-bed flats in Al Khan averaged AED 799,000 with an ROI of 4.37%. Prospective buyers can find suitable options to meet their preferences and budget, whether for personal residence or investment purposes.
Al Nahda (Sharjah)
Next on the list of top areas to buy a 1-bedroom apartment in Sharjah is Al Nahda. Located in Sharjah, Al Nahda should not be confused with the similarly named area in Dubai. The Al Nahda in Sharjah is an extension of the one in Dubai. Positioned strategically between Sharjah and Dubai, Al Nahda offers residents the advantages of both emirates.
The average price for a 1-bed flat in Al Nahda (Sharjah) averaged AED 413,000 with an ROI of 6.92%. This residential area is particularly favoured by the working community for its easy access. Many find it convenient to live in Sharjah’s Al Nahda and commute to Dubai for work and leisure activities. The area is also among the popular areas to rent 1-bed apartments in Sharjah.
Al Mamzar
This is another area known for offering 1-bed apartments for sale in Sharjah. Al Mamzar is located along the northeastern coastline of Sharjah, near the border with Dubai. The area enjoys easy access to Dubai via the Al Ittihad Road (E11) and Al Khan Road.
The corniche area along Al Mamzar offers walking paths, cycling tracks and picturesque views of the coastlines. Residents can enjoy water sports and recreational activities along the beaches and lagoons. The average price for buying 1-bed flats in Al Mamzar is AED 857,000 with an ROI of 4.16%.
FAQs
What factors make buying a 1-bed apartment in Al Nahda considerable?
Al Nahda is ideal for its strategic location near Dubai, excellent transportation links and a wide range of affordable housing options.
Is Al Khan a good area for families?
Yes, Al Khan is family-friendly, with parks, recreational facilities and nearby schools and healthcare centres.
Are there recreational activities available in Aljada?
Yes, Aljada offers a variety of recreational activities, including parks, jogging tracks, cycling paths, playgrounds and a dedicated entertainment complex.
How is the connectivity in Muwaileh?
Muwaileh boasts excellent connectivity with major roads and public transport links, making it easy to travel to other parts of Sharjah and Dubai.
What amenities are available in Al Mamzar?
Al Mamzar offers amenities such as parks, beaches, fitness centers, shopping malls and a variety of dining options.
Those were the important details pertaining to the top areas to buy a 1-bed apartment in Sharjah. For other units, explore these apartments for sale in Sharjah.
Stay tuned to dubizzle’s property blog for more on areas offering different types of apartment and villa configurations.
Cover Image Credits: Shutterstock Photo Contributor – Lal Nallath.
