Discover Affordable Townhouses in Sharjah
Owning a home seems out of reach. In major cities, prices make it a far-fetched dream. But if you are looking for a property in the UAE, you should look at Sharjah. The emirate is a great option to find a quality home without a hefty price tag. You can find many affordable townhouses in Sharjah that offer space and comfort.
Why You Should Look at Townhouses in Sharjah ?
Sharjah is the cultural heart of the UAE. Itโs a calm, family friendly lifestyle. You get a bedroom from the fast paced life of a city like Dubai. Townhouses here give you more space than an apartment. They also have private gardens and better privacy.
Prices are a big factor. Real estate in Sharjah is way more affordable than in Dubai. You can get a spacious townhouse for a lower price. This is a smart move for both living and investing.
Top Areas for Affordable Townhouses in Sharjah
Sharjah has many areas with a good supply of townhouses. Most of these communities are new. They focus on modern living and family friendly amenities. Tilal City, Masaar, Sharjah Waterfront City, Hayyan and Aljada are prime examples. These areas offer a mix of new homes and community features. Look for options in Al Rahmaniya, Al Tai, and Muwaileh Commercial as well.
Top Affordable Townhouses in Sharjah
Here is a look at some new and upcoming townhouse projects in Sharjah.
| Project Name | Location | Developer | Available Units |
|---|---|---|---|
| Coral by Arada | Masaar 2 | Arada Developers | 2, 3, 4 & 5 bedroom |
| Alef Deem | Hayyan | Alef Group | 2 & 3 bedroom |
| Arada Narenj | Masaar | Arada Developers | 2, 3, 4 & 5 bedroom |
| Arada Melia | Masaar | Arada Developers | 2, 3, 4 & 5 bedroom |
| Altay Hills | Sharjah | IFA Hotel & Resorts | 3 & 4 bedroom |
| The View Island | Sharjah Waterfront City | Ajmal Makan | 4 bedroom |
| GEM Residences | Maryam Island | Eagle Hills Properties | 3 & 4 bedroom |
| Citrine Residences | Maryam Island | Eagle Hills Properties | 3 & 4 bedroom |
Cost of Buying a Townhouse in Sharjah
The cost of a townhouse varies. It depends on the size and location. You can find a 2 bedroom townhouse starting from AED 1.6 million. A 3 bedroom unit may start from AED 1.8 million. Off-plan properties are often more affordable. They also offer flexible payment plans from developers.
Most people use a mortgage to buy property. You can get a loan from a local bank. Foreign buyers can finance up to 75% of the property value. Make sure you check the terms. Good credit history and proof of income are important.
How You Can Buy a Townhouse in Sharjah
Here are the steps to buying a townhouse in Sharjah:
- Set a budget and secure financing: Determine how much you can afford. Explore mortgage loan options from banks, available for both residents and non-residents.
- Research properties and find a reliable real estate agent: Look into available townhouses in Sharjah and connect with a trustworthy real estate professional.
- Select a property and sign a Memorandum of Understanding: Choose the townhouse you want and sign an agreement outlining the terms of the purchase.
- Complete legal paperwork: Finalize all necessary legal documents with the Sharjah Real Estate Registration Department.
Things to Consider Before Investing
Buying a home is a big decision. Here are some key points you need to consider before investing in affordable townhouses in Sharjah.
- If you want a family home, look at the amenities. You need schools, parks and hospitals nearby.
- If you are an investor, look at the rental yield. Sharjah has strong rental returns. Some areas have a return on investment (ROI) of over 7%.
- Consider your budget and financing options.
- Research different neighborhoods and their pros and cons.
- Think about the long-term value of the property.
Future Growth of Sharjah Property Market
Sharjahโs real estate market is growing. The government is investing in new projects. They are focusing on sustainable communities. This growth makes your property a smart long-term investment. Prices are expected to rise. This gives you a good chance for capital appreciation.
