KHALEEJ TIMES, Thursday, May 17, 2018 | Ramadan 1, 1439
Sharjah's Maryam Island releases homes to tap buyer appetite
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.