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Sharjah's Maryam Island releases homes to tap buyer appetite

dubai - Eagle Hills Sharjah is a joint venture between Shurooq and Eagle Hills

Eagle Hills Sharjah has launched Sapphire Beach Residence, the second residential building in the flagship Maryam Island project in Sharjah. The move follows the launch of the first residential building, Azure Beach Residence, last month.

Sapphire Beach Residence features 190 units ranging from studios to 3-bedroom apartments, all of which are complemented by 20 retail and F&B units.

"We are delighted to have witnessed such a high level of interest in Azure Beach Residence from both domestic and foreign investors, particularly so soon after the launch of sales. This is a promising sign as it demonstrates that Maryam Island is achieving what we hoped it would - supporting Sharjah's growing reputation as a premier lifestyle destination, setting new benchmarks for fully integrated communities in the emirate and attracting a new audience of investors. By releasing a fresh wave of units in Sapphire Beach Residence, we hope to sustain this momentum, thereby driving sustainable growth in Sharjah," said Low Ping, CEO of Eagle Hills.

Eagle Hills Sharjah is a joint venture between the Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, an Abu Dhabi-based private real estate investment and development company. Maryam Island residents will benefit from access to the development's waterfront promenade and a souk.

The centrally located 458,000 square metre plot is within easy reach of the city's residential and commercial hubs, and is also home to 5- and 4-star hotels that offer 600 keys.

Maryam Island is one of 3 major developments, alongside Kalba Waterfront and Palace Al Khan, which represent Eagle Hills' first foray into Sharjah. The projects are being developed in partnership with Shurooq.

- business@khaleejtimes.com