Naseem Residences: Getting onto Maryam Island for 5% Down
Eagle Hills developed Naseem Residences on Maryam Island, a waterfront address in Al Khan, Sharjah. The project offers apartments from one to four bedrooms, with water and landmark views among the listed features. The headline here is the 5% down payment: at a starting price of AED 733,888, a buyer can commit to a one-bedroom waterfront apartment for under AED 37,000 upfront.
Maryam Island in Context
Maryam Island occupies the Al Khan lagoon on Sharjah's coastline. The drive to Dubai's Business Bay and Downtown runs roughly 30 to 40 minutes, and Sharjah's city centre is significantly closer. The island's position gives residents a genuine water-facing environment that is distinct from the urban density of Sharjah's inland neighbourhoods. Restaurants are listed as an on-site amenity, so day-to-day food and beverage needs can be met within the development.
From AED 733,888 to AED 3.2M: What Each Band Covers
| Unit Type | Starting Price | Size Range |
|---|---|---|
| 1-bedroom | AED 733,888 | 786 to 929 sq ft |
| 2-bedroom | AED 1,125,888 | 1,031 to 1,852 sq ft |
| 3-bedroom | AED 2,655,888 | 1,813 to 2,477 sq ft |
| 4-bedroom | AED 3,245,888 | 2,141 to 2,670 sq ft |
The range is wide because the unit mix is wide. One-bedrooms start under AED 750,000 with sizes between 786 and 929 sq ft, making them the natural entry point for buy-to-let investors or solo professionals.
Two-bedrooms start at AED 1,125,888 but span from 1,031 to 1,852 sq ft within that single price tier. That is a significant size spread. A 1,031 sq ft two-bedroom and an 1,852 sq ft two-bedroom are very different apartments at the same starting number. Layout and specific floor selection matter more here than the headline category price.
Three-bedrooms begin at AED 2,655,888 and four-bedrooms at AED 3,245,888, with footprints reaching up to 2,477 and 2,670 sq ft respectively. Buyers at those levels are typically prioritising space and a water address over investment yield.
What 23 Amenities Signal About the Target Resident
| Category | Amenities |
|---|---|
| Wellness | Gymnasium, Shared Gym, Shared Pool, Children's Pool, Shared Spa |
| Outdoor & Social | Balcony, Barbecue Area, Children's Play Area |
| Building Services | Concierge, Maid Service, Security, Lobby in Building |
| In-Unit Features | Central A/C, Built-in Wardrobes, Maids Room, Kitchen Appliances, Walk-in Closet, Study |
| Views | View of Water, View of Landmark |
| Practical | Covered Parking, Restaurants, Pets Allowed |
The combination of concierge service, dedicated maid service, and in-unit maids rooms points to a resident profile that expects ongoing staffed support. A dedicated study in the unit layout targets buyers who work from home or need a private workspace. Pets are permitted, drawing in long-term owner-residents and families building a permanent base rather than a short-stay rental.
Timeline: Construction Is Behind You
Construction on Naseem Residences began in May 2022, with a scheduled completion of September 2023. That window has now passed. Buyers considering this project today are dealing with a building at or past its original handover date. The construction risk typical of early off-plan entry does not apply here.
Getting In for 5%
| Phase | Percentage |
|---|---|
| Down payment | 5% |
| During construction | 25% |
| At handover | 70% |
Five percent down is a low initial commitment for a waterfront apartment. The structure keeps early cash requirements minimal: 25% spreads across the construction period, with the dominant payment at the back end. 70% of the purchase price falls due at handover as a single lump sum, requiring either a mortgage or substantial liquid capital at the point of completion.