More Sharjah projects now open up to resident buyers | GulfNews.com:
"Be it plots, villas or upscale apartments, more Sharjah developers are opening their doors to buyers of all nationalities, but with UAE resident visas. The widening list of options that Sharjah now offers — and even extending to offices and commercial real estate assets — has helped “maintain” transactional activity through the first six months of the year, sources inform.
One upscale development that is testing investor interest in the three-tower Al Rayaan Complex in Al Nahda, being built by JMS. Two of the towers will be for residences — where a one-bedroom has a price tag of an average Dh745,000, while that of a three-bedroom is Dh1.25 million. The third structure will be a mixed-use, for Grade A offices and a hotel component. Further enhancing investor attention would be a “boutique mall”.
“The project footprint takes up quite a substantial area and is being built to a quality that’s not common in Sharjah,” said Suzanne Eveleigh, Director at Cluttons, the property services firm. “There’s already a fairly high level of interest among private sector businesses for the Grade A offices in Al Rayaan. There will be a major sales push closer to Cityscape [in September].” (Completion is scheduled for late in the first quarter of 2016.)"
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