Maryam Island is an artificial island located off the coast of the Emirate of Sharjah, United Arab Emirates. The island is named after the mother of the ruling Emir of Sharjah, Sheikh Dr. Sultan bin Mohammed Al Qasimi.
Key facts
- Total area: 1.7 million square meters (420 acres)
- It is located six kilometers from the coast of Sharjah
- It is connected to the mainland by a two-kilometer bridge
- There is a marina on the island, which can accommodate up to 240 vessels
- The Galleria Mall and The Crystal Plaza shopping centers
- Entertainment venues Marina Walk, Gardens of Wonderful Flowers Park and Aquavencher Water Park
- Resorts and spas The Chedi Al Bait, Sharjah and Occidental Sharjah Grand
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Real estate on the island is represented by luxury apartments, townhouses and villas. All facilities are designed to the highest standards and equipped with modern amenities. One of the developers on the island is a company Eagle Hills offers projects such as: Mesk, Jawaher, Naseem, Azure Beach, Nada, Sapphire Beach, Aysha, Crystal Residences.
There are several luxury hotels on the island:
- Four Seasons Hotel Sharjah: A five-star hotel with 273 rooms and suites, as well as a private beach, SPA center and several restaurants
- Address Beach Resort Sharjah: A five-star resort with 217 rooms and suites, as well as a private beach, a temperature-controlled pool and several restaurants
- The Chedi Al Bait: Luxury Moroccan-style resort with 99 rooms and suites, as well as a traditional hammam, spa and several restaurants
- Occidental Sharjah Grand: A four-star hotel with 318 rooms and suites, as well as a private beach, swimming pool and several restaurants
Investment attractiveness of the location
Buying a property on the island can be a profitable investment for a number of reasons:
- High growth potential: Maryam Island is a new and developing island that is rapidly becoming one of the most sought—after places to live and relax in Sharjah. It is expected that upon completion of the island’s construction, real estate prices will only increase
- Rental demand: The island attracts a large number of tenants, including wealthy individuals, families and tourists. This is due to the island’s luxurious amenities, convenient location and proximity to Dubai. Investors can take advantage of this demand and receive a stable income from renting their real estate
- Tax benefits: Sharjah offers a number of tax benefits for real estate investors, including exemption from capital gains tax and income tax on rental income
- Eco-friendly: the island uses the most environmentally friendly materials and technologies. This makes real estate on the island attractive to investors focused on environmental friendliness
- Tourism potential: Maryam Island offers a wide range of tourist attractions, including luxury hotels, shopping malls, entertainment venues and cultural attractions. This makes real estate investments on the island attractive to investors seeking to benefit from Sharjah’s tourism sector.
In general, buying a property on the island can be a profitable investment for those who are looking for high returns, stable rental income, tax benefits and capital growth potential.
