The first units have gone on sale at Sharjah’s Maryam Island, for the Azure Beach Residence project from Eagle Hills Sharjah. The development will feature 164 units ranging from studios to three-bedroom apartments, plus 20 retail and F&B units.
Expat buyers can have the properties on 100-year leases while Arab nationals can own it.
The “project that began with our concept of creating a downtown that respects the fundamentals of designing a future modern Arab city,” said Marwan Bin Jassim Al Sarkal, CEO of Sharjah Investment and Development Authority (Shurooq).
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“Maryam Island benefits from a prime location as it is situated between two lagoons and on the Arabian Gulf, just minutes away from Sharjah downtown and very close to Dubai Airport and the Sharjah ring road. The project is unique because anyone residing on the island will find themselves close to everything they need. It will give expats access to a 100-year lease while allowing Arabs to own their homes.” Eagle Hills Sharjah is a joint venture between Shurooq and Eagle Hills, the Abu Dhabi-based private developer. The alliance is currently backing three projects in Sharjah.
On Maryam Island, it will build on a 458,000 square metre plot is within easy reach of the city’s residential and commercial hubs.
By Manoj Nair
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