Waterfront regeneration on Sharjah's Khalid Lagoon aimed at owner-occupiers and holiday-home buyers. This page sets out the current asking-price band for apartments in Maryam Island, the gross yields investors are underwriting, and every one-off cost you pay on top.
Worked on a mid-range unit of 925 sq ft at AED 1,050 per sq ft. Figures are indicative market ranges, not an offer on any specific property.
| Indicative purchase price | AED 971,250 |
|---|---|
| Land-department transfer fee (4%) | AED 38,850 |
| Agency commission (2% + VAT) | AED 20,396 |
| Trustee & registration | AED 4,000–6,000 |
| All-in one-off costs | ≈ 6.1% of price |
| Indicative gross annual rent | AED 70,416 |
| Annual service charge | AED 12,488 (AED 11–16/sq ft) |
| Indicative net yield after service charge | 6.0% |
| Annual property tax | 0% — the UAE levies none |
| Tax on rental income (UAE) | 0% |
Net yield excludes management fees, vacancy and maintenance. Assume 8–12% of gross rent for a managed long-let and more for short lets.
Local end-users plus a growing pool of GCC weekend buyers; rental depth is shallower than Aljada.
Smaller resale market and fewer comparables; treat it as a hold, not a flip.
Lowest entry ticket, deepest resale liquidity and the easiest asset to let out remotely, offset by annual service charges billed per square foot.
At AED 520K entry, a single unit typically supports the 2-year investor visa (from around AED 750,000). Reaching the AED 2 million Golden Visa threshold usually means combining registered properties. Non-residents can generally borrow 50–60% loan-to-value from UAE banks, residents up to 80% on a first home, subject to income and age criteria.
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OPAVITA is an introduction service, not a licensed broker. Ranges on this page are indicative market data for orientation; no specific property, project or price is offered.