AED 500,000
| Deal type | Below Market |
| Price | AED 500,000 |
| Size | 328 sq.ft |
| Type | Apartment |
| Status | Off-Plan |
| Developer | Eagle Hills |
| Area / Master development | Al Khan |
| Sub-community / Phase | Maryam Island |
| Community | Al Khan |
A studio apartment in Oud Residences on Maryam Island, Al Khan, Sharjah at AED 500,000 for approximately 328 sqft (30.5 sqm), equalling AED 1,524 per sqft. Freehold property by Eagle Hills. Super motivated seller offering 1% commission. Low floor with water view. The building was expected to hand over in Q3 2026 and may be near completion.
No original purchase price was provided. Sharjah does not have publicly accessible transaction records like Dubai's DLD, so independent price verification is not possible.
Comparable asking prices on Maryam Island:
At AED 500,000, this listing is mid-range for Maryam Island studios. However, at 328 sqft it is the smallest studio variant, so the per-sqft rate of AED 1,524 is at the higher end. The 1% commission and 'super motivated' label suggest the seller is under pressure, likely related to handover payment obligations.
Maryam Island is one of Sharjah's limited freehold zones, open to all nationalities. This was established through the Eagle Hills and Shurooq (Sharjah Investment and Development Authority) partnership. Sharjah has far fewer freehold areas than Dubai, making Maryam Island one of the primary options for foreign investors in the emirate.
Oud Residences is a residential building on Maryam Island by Eagle Hills, an Abu Dhabi-headquartered developer chaired by Mohamed Alabbar. The operating entity is Eagle Hills Sharjah Development, a 50:50 joint venture with Shurooq. The building is part of the broader Maryam Island masterplan which includes 1,890 freehold residences. Unit types include studios, 1BR, 2BR and 3BR apartments.
Maryam Island is a 460,000 sqm waterfront mixed-use development in the Al Khan area of Sharjah, along the Al Khan lagoon and Arabian Gulf shoreline. The island features a 900-metre waterfront promenade, retail, dining, swimming pools, gymnasium, landscaped gardens and community facilities. Multiple residential buildings have been developed including Oud, Mesk, Naseem and Aysha Residences.
Sharjah properties are regulated by SRERA (Sharjah Real Estate Registration Authority), which does not publish transaction records publicly. There is no equivalent to Dubai's DLD transaction database. Price verification relies on portal listings and agent-reported data. Buyers should conduct due diligence directly with SRERA.
The asking price, size, freehold status, low floor, water view and 1% commission are from the agent brief. No original purchase price was provided. The 328 sqft is at the bottom of published studio ranges for this building (327 to 398 sqft per Dubizzle). The building was expected to hand over in Q3 2026 and is either recently completed or near completion. Buyers should verify the unit size from the SPA, remaining payments, and exact handover status.
Yes. Maryam Island is one of Sharjah's designated freehold zones, open to all nationalities. The island is a 460,000 sqm waterfront development in the Al Khan area, developed by Eagle Hills in partnership with Shurooq (Sharjah Investment and Development Authority). The broader masterplan includes 1,890 freehold residences.
Maryam Island is a waterfront development in the Al Khan lagoon area along the Sharjah coastline facing the Arabian Gulf. Water view likely refers to the lagoon or sea. However, at low floor in a G+P+9 building, the view may be partial rather than open sea. Higher floors and corner units get broader water views. A 900-metre waterfront promenade runs through the community.
A 1% commission (vs the standard 2% in the UAE) indicates the seller is motivated for a quick sale. Combined with the 'super motivated' description, this suggests the seller may be under pressure, possibly related to the approaching handover payment. The standard Maryam Island payment plan requires a significant portion on handover.
Maryam Island studio asking prices range from AED 370,000 to AED 540,000. A comparable Oud Residences studio (392 sqft) was listed on Dubizzle at AED 500,000 by a motivated seller. At AED 500,000, this is mid-range for the island, not a steep discount. The smaller size (328 sqft vs the 392 sqft comparable) means the per-sqft rate of AED 1,524 is at the higher end.
Buyers should verify the exact unit size from the SPA (328 sqft is at the bottom of the published range), confirm the handover date (original estimate was Q3 2026, now possibly imminent or slightly delayed), check the remaining payment to Eagle Hills, verify the water view orientation from the specific floor, and confirm the service charge structure.
Buyer costs
Dubai transfer costs for an off-plan unit. Every figure editable — NOC is set by the developer and varies.
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| VAT on agency (5%) | — |
Total cost
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Full payment schedule and unit details are released to qualified buyers on enquiry.
Indicative only and not a quotation. Excludes any balance payable to the developer, mortgage arrangement costs and service charges.
Finance
Off-plan: UAE lenders generally finance at handover. Plan the position you will be in.
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| Total repaid | — |
Monthly payment
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Indicative only, not an offer of finance and not advice. UAE loan-to-value caps depend on residency, property value and whether it is your first purchase, with tighter limits on off-plan. Rates move; confirm current terms with your bank or broker.
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