When it comes to real estate in UAE, there are a few things you need to consider. These include the area itself, the type of properties available, and how much they cost. Having a basic knowledge of the areas can make it easier for you to find the property you’re looking for, while also preventing you from making a bad investment.
Al Qasimia
Al Qasimia is one of the most popular mixed use areas in Sharjah. This district is home to numerous parks and restaurants. The district is also close to the Al Majaz and King Faisal Mosque. There are also several new launches in the area.
The Ministry of Industry and Advanced Technology has put together a 300 billion project that is designed to boost the industrial sector. It is the largest comprehensive plan to develop the industrial sector in the UAE.
As a result, Sharjah has become an attractive option for national and foreign investors. Rent in Sharjah is much lower than in Dubai and there are many facilities to enhance the living experience.
Al Qasimia has an impressive array of projects to choose from. These include the Deyaar Al Dana Towers, Arada Kaya and Eagle Sapphire Beach Residence.
Al Reef
Al Reef is a mixed-use development that is home to over 15,000 residents. This quaint neighborhood is situated on the outskirts of Abu Dhabi’s main island. It offers a variety of recreational and commercial facilities.
Despite its relatively small size, the community of Al Reef has managed to become a coveted residential hub. The project is located close to key landmarks such as the Abu Dhabi International Airport, Khalifa City and the Emirates Golf Club.
Apartments in the Al Reef development are available for rent starting at AED 37k. Two-bedroom units can cost up to AED 110k a year. For more upscale homes, 3-bedroom apartments can be found for as much as AED 1.77M.
While there are no public parks in the area, the community does offer a variety of amenities. Residents can enjoy a fitness center, swimming pool and a clubhouse.
Tilal City
Tilal City is a master planned community, situated close to the Sharjah International Airport. It is a mixed-use development with commercial, residential, and leisure facilities. The project features parks, mosques, and schools.
There are two major zones in the development: Zone A and Zone B. Zone A comprises of a crescent-shaped community. It is located near the Tilal Mall, and offers two plot types. For residential purposes, there are 222 low-rise apartment buildings.
Zone B is located on the northern side of the development. It includes retail units on its property. It is connected by a green pedestrian network. Zone B also has 380 apartments.
Tilal City is set to become one of the most sought-after areas in the UAE. This is because it provides a high-end living environment and access to a number of world-class facilities. In addition to that, it is situated near Dubai and the Northern Emirates.
Al Jada by Arada
Al Jada by Arada real estate in Uae is one of the most luxurious developments in Sharjah. This community is situated near the University City and is just a few minutes away from the Sheikh Mohammed Bin Zayed road.
The development offers a wide selection of luxury apartments and villas. The apartments feature spacious floor plans with fitted kitchen cabinets, garages and modern fixtures. There are also two to three bedroom villas for sale. These are located in a quiet community, which offers lush green surroundings.
Aljada also features a variety of recreational facilities. Residents can enjoy shopping, entertainment, sports, and educational programs. In addition to these amenities, the master plan includes walkable open spaces. A food truck zone and experiential sales centre are also part of the plan.
Abu Dhabi
The Abu Dhabi real estate market has a huge amount of properties, including villas, apartments, townhouses, and penthouses. The demand for these properties is increasing, as more and more people are interested in owning property in the UAE. Investing in this property market can provide you with a great return on your investment.
However, you should take into consideration several factors before making a purchase. First, you should decide how much you can afford. Moreover, you should also be able to afford the holding deposit. This is usually ten percent of the total purchase price.
A number of changes to the regulations of the real estate sector in Abu Dhabi have been made in recent years. These are designed to improve the business and investor-friendly nature of the local real estate sector.