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Mon 9 Apr 2018 01:57 PM

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Developer launches sales of Sharjah island homes

Eagle Hills Sharjah says Azure Beach Residence at Maryam Island is now available for purchase

Developer launches sales of Sharjah island homes

Eagle Hills Sharjah has launched sales of Azure Beach Residence at Maryam Island in Sharjah, a mixed-use development in the centre of the emirate.

The project is being developed by a joint venture between Sharjah Investment and Development Authority (Shurooq) and Eagle Hills, an Abu Dhabi-based private real estate investment and development company.

Azure Beach Residence features 164 units ranging from studios to three bedroom apartments, all of which are complemented by 20 retail and F&B units, a shared community pool and gym, and a pool and playground for children.

Maryam Island is also home to five- and four-star hotels that offer a total of approximately 600 keys.

Marwan bin Jassim Al Sarkal, CEO of Shurooq, said: “We are proud to be launching the sales of Maryam Island, a project that began with our concept of creating a downtown that respects the fundamentals of designing a future modern Arab city.

"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.”

Low Ping, CEO of Eagle Hills, added: “The mixed-use development is a new destination for luxury and heritage lifestyles, integrating Sharjah’s downtown history with modern waterfront living, and reflects our commitment to driving sustainable growth in Sharjah by positioning it as a premium lifestyle destination.

“We are delighted with the high level of interest that Maryam Island has generated among both foreign and domestic investors, which is a testament to Sharjah’s growing reputation as a family-friendly residential destination and an international hub for business, hospitality, tourism and trade.”

Maryam Island is one of three major developments, alongside Kalba Waterfront and Palace Al Khan, which represent Eagle Hills’ first foray into Sharjah.

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