Off-Plan Projects at Maryam Island Investment Opportunities in Sharjah’s Waterfront Paradise

Maryam Island, located in sharjah, is a rapidly growing waterfront community that is attracting investors and homebuyers alike. Developed by Eagle Hills and Shurooq, the project promises to transform the landscape of the UAE, combining luxury residential units with world-class amenities. This blog explores the current off-plan projects at Maryam Island and highlights the investment opportunities in one of the most exciting developments in sharjah.

The Appeal of Maryam Island

Maryam Island is strategically located on the Al Khan Lagoon, offering stunning views of the Arabian Sea. It is a well-planned, mixed-use development that combines residential, commercial, and leisure spaces. Designed to provide a comfortable and luxurious lifestyle, Maryam Island is expected to become one of sharjah’s most sought-after locations. For investors looking to capitalize on the growth of Sharjah’s real estate market, Maryam Island presents an attractive opportunity. The development features 38 residential buildings, over 35,000 units, a 900-meter waterfront promenade, and a variety of community amenities. The island is also conveniently located, with easy access to major highways connecting Sharjah, Dubai, and other parts of the UAE. Its proximity to key business hubs makes it an ideal choice for both residents and investors.

Why Invest in Off-Plan Projects at Maryam Island?

Investing in off-plan properties at Maryam Island provides several advantages:

1. Competitive Pricing and Pre-Launch Discounts

One of the main reasons investors are flocking to off-plan projects is the competitive pricing. When purchasing an off-plan property, you often get access to early-bird discounts that make the units more affordable compared to ready-to-move-in properties. Additionally, developers often offer flexible payment plans, allowing buyers to pay in installments, which reduces the immediate financial burden.

2. Capital Appreciation Potential

Off-plan properties tend to appreciate significantly in value by the time they are completed. Maryam Island is poised for substantial growth due to its strategic location, premium design, and the sheer scale of the development. As infrastructure and amenities are completed, property prices are expected to rise, making it an excellent opportunity for capital gains.

3. Flexible Payment Plans

Most off-plan projects at Maryam Island come with flexible payment options, which makes them more accessible for a wider range of investors. Payment plans typically range from 10/20/70 or 20/30/50 schemes, where investors pay a small upfront amount and the balance upon completion. This flexibility gives investors a better chance to manage their cash flow effectively.

4. Strong Rental Yields

Once completed, Maryam Island is likely to become a high-demand residential area. With its luxurious amenities, waterfront views, and proximity to key business districts, it is an attractive option for renters. This translates into strong rental yields for investors looking to generate passive income from their properties.

Key Off-Plan Projects at Maryam Island

There are several exciting off-plan projects on Maryam Island that investors should consider. These projects cater to a wide variety of tastes and budgets, ensuring that there is something for everyone.

1. Rehan Residences

Rehan Residences is one of the most popular off-plan projects on Maryam Island. Offering studio, 1-bedroom, 2-bedroom, and 3-bedroom apartments, Rehan Residences is designed to meet the needs of both individuals and families. The apartments feature modern architecture, high-quality finishes, and expansive windows that allow for breathtaking views of the lagoon. Starting from AED 510,000, Rehan Residences offers excellent value for money. The development also offers a variety of amenities, including a swimming pool, fitness center, and children's play areas, making it a family-friendly option.

2. Aysha Residences

Another highly anticipated project is Aysha Residences. This development features 1-bedroom, 2-bedroom, and 3-bedroom units, starting at AED 580,000. The design of Aysha Residences blends modern luxury with traditional Arabian aesthetics, creating a unique living experience. Residents of Aysha Residences will enjoy a range of facilities, including a health club, jogging tracks, and landscaped gardens. The development’s close proximity to Maryam Island’s waterfront makes it an ideal location for those who enjoy a scenic, peaceful lifestyle.

3. GEM Residences

GEM Residences is a premium development offering 1-bedroom, 2-bedroom, 3-bedroom, and penthouse apartments. With prices starting at AED 879,000, GEM Residences combines luxury living with functionality. The apartments are designed with spacious layouts, high-end finishes, and state-of-the-art appliances. GEM Residences offers residents access to exclusive amenities such as a private beach, retail outlets, a spa, and multiple dining options. This development is perfect for those looking for a high-end lifestyle in a tranquil setting.

4. Topaz Residences

Topaz Residences is a luxurious development offering 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments, starting at AED 967,000. Topaz Residences offers stunning views of the Arabian Sea, and residents will have access to an array of amenities such as a health club, swimming pools, and private beach access. This development caters to high-end buyers and investors looking for a premium living experience in one of Sharjah’s most prestigious waterfront locations.

5. Citrine Residence

Citrine Residence offers spacious 1-bedroom, 2-bedroom, 3-bedroom, and 4-bedroom apartments, starting at AED 1.2 million. This project is designed with modern architecture and features floor-to-ceiling windows that allow for panoramic views of the sea and Maryam Island’s green spaces. Citrine Residence offers a wide range of amenities, including a fully equipped gym, an infinity pool, and a children’s play area. The project is ideal for those looking for luxury and comfort in a highly sought-after location.

Amenities at Maryam Island: A Complete Lifestyle

Maryam Island is not just about luxury living – it’s about offering a complete lifestyle to its residents. The development features several high-end amenities that make it stand out as one of the UAE’s premier waterfront communities.

1. Waterfront Promenade

One of the standout features of Maryam Island is the 900-meter-long waterfront promenade. This area offers residents the opportunity to relax and enjoy stunning views of the Arabian Sea. It’s the perfect place for evening strolls, dining by the water, or simply unwinding with family and friends.

2. Beach Access

Maryam Island provides private beach access to its residents, allowing them to enjoy the serene waters of the Arabian Gulf. The beach offers a relaxing escape, where residents can sunbathe, swim, or enjoy various water sports.

3. Retail and Dining

The development features retail outlets and waterfront dining options, allowing residents to shop and dine in style. The upcoming retail area will feature a mix of international brands and local boutiques, providing a convenient shopping experience for residents.

4. Fitness and Recreation

Maryam Island is equipped with state-of-the-art fitness centers, swimming pools, and jogging tracks. These facilities cater to those looking to maintain an active lifestyle while enjoying the island's natural beauty.

5. Green Spaces and Parks

The development features lush green spaces and beautifully landscaped parks, providing a serene environment for relaxation and recreation. The 4,000-square-meter Maryam Park is a perfect example of the emphasis placed on green spaces within the development.

How to Buy Off-Plan Projects at Maryam Island

Purchasing an off-plan property at Maryam Island is a straightforward process. Investors need to: - Research the Available Projects: Start by exploring the different off-plan developments at Maryam Island. You can get in touch with real estate agents or developers for detailed information about the units available. - Choose the Right Unit: Depending on your budget and preferences, select the unit that suits you best. Developers provide floor plans, brochures, and 3D renderings to help you visualize the property. - Secure Financing: Many off-plan developments offer flexible payment plans. You may need to secure financing through a bank or financial institution. Ensure that you have the necessary funds or a mortgage in place. - Sign the Sales Agreement: Once you’ve selected a unit, you will need to sign the sales agreement and pay the initial deposit as per the developer’s terms. - Track Progress: Stay updated on the progress of the development by regularly communicating with the developer or real estate agent. This ensures that you are aware of the expected completion date and any changes to the project.

Conclusion

Maryam Island is set to become one of Sharjah’s most prestigious waterfront communities, and investing in its off-plan projects offers significant potential for growth and returns. The combination of competitive pricing, flexible payment plans, and strong future appreciation makes it an ideal choice for investors. With its stunning views, luxurious amenities, and strategic location, Maryam Island is the perfect destination for those looking to invest in the UAE’s thriving real estate market