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Sharjah · Maryam Island

Rimal Residences by Eagle Hills

At a glance

Specifications

Address

Sharjah,Al Khan,Maryam Island,Rimal Residences

Price range

AED 411,888

Completion

Ready

Payment plan

10% / 15% / 75%

Property type

Apartment

About this project

Rimal Residences, Maryam Island: What Buyers Need to Know

Eagle Hills and the Maryam Island Play

Rimal Residences is an apartment development by Eagle Hills, the Abu Dhabi-based developer behind several mixed-use island projects across the region. This project sits on Maryam Island in Al Khan, Sharjah, which puts it in an interesting position geographically and in terms of investment logic.

Eagle Hills has form with waterfront communities. Maryam Island itself is one of the more deliberate urban development projects in Sharjah, built as a contained lifestyle destination rather than a sprawling residential suburb.

Al Khan, Maryam Island: What the Location Actually Means

Al Khan is one of Sharjah's most connected districts. It borders Dubai at the Deira side, which matters for anyone commuting into the wider UAE business corridor. The drive to Deira or Al Qusais in Dubai runs under 20 minutes in reasonable traffic. Sharjah city centre is essentially on your doorstep.

Maryam Island adds a specific layer to this. It is a waterfront address within Al Khan, which is uncommon for Sharjah at this price point. Residents get the island setting without being isolated from the mainland grid. For buyers priced out of Dubai's waterfront market, this is a credible alternative. For investors, Al Khan's proximity to the Dubai border has historically supported rental demand from tenants working in Dubai but preferring Sharjah rents.

One Price Point, One Entry Ticket

The pricing here is fixed at AED 411,888. There is no range. This tells you the project either offers a single unit type or a single size configuration. For a buyer, that simplifies the decision considerably. You are not navigating a spectrum from studio to penthouse. You are evaluating one product at one price.

At just over AED 400K, this sits at the accessible end of waterfront apartment pricing in the UAE. It makes the project relevant to first-time buyers, investors looking for a single-unit entry, or buyers who want a Sharjah address without committing to a larger outlay.

Getting In for 10%

Stage Payment
Down payment 10%
During construction 15%
On handover 75%

The entry point here is low. A 10% down payment on AED 411,888 means you are committing roughly AED 41,000 to secure the unit. That is a meaningful advantage for buyers managing liquidity, particularly if capital is spread across multiple investments.

The structure is front-light and back-heavy. The bulk of the payment, 75%, lands at handover. In practice, this means buyers need to have financing arranged before the handover date, or have the capital ready. Anyone relying on a mortgage should engage a lender early. The construction phase only draws an additional 15%, so your cash outflow between signing and handover is modest.

What the Apartment Offers

Category Amenities
Fitness and wellness Health club, gymnasium, shared gym, shared spa, shared pool
Residence features Built-in wardrobes, walk-in closet, central A/C, kitchen appliances, balcony
Services Concierge, maid service, security, covered parking
Views Water view, landmark view
Family and lifestyle Children's play area, pets allowed

Eighteen amenities is a solid count for a project at this price. The combination of a shared spa, concierge, and maid service signals that Eagle Hills is positioning this above the functional end of the Sharjah apartment market. This is not a bare-bones investment unit. The water and landmark views, combined with the balcony, suggest the physical design leans into the island setting. The fact that pets are allowed will matter to a specific subset of buyers and broadens the potential tenant pool for investors.

The amenity set suits a young professional or a small family who wants hotel-adjacent conveniences without the maintenance overhead of a villa.

Payment plan

Pay as construction progresses

  1. Step 0110%
    Down payment10% paid
  2. Step 0215%
    During construction25% paid
  3. Step 0375%
    On handover100% paid

Schedule totals 100% at handover. Exact dates confirmed in your Sale & Purchase Agreement (SPA).

Construction

Where the project stands

  1. Apr 2024

    Construction Started
  2. Sep 2024

    Expected Completion
Lifestyle

What's on site

Location

Where it sits

Sharjah,Al Khan,Maryam Island,Rimal Residences

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FAQ

Questions buyers usually ask

Q01

What is the starting price for apartments in Rimal Residences?

The starting price for apartments in Rimal Residences is AED 411,888. This competitive pricing makes it an attractive option for those looking to invest in Sharjah's off-plan property market, specifically in Maryam Island.

Q02

What types of properties and prices are available in Rimal Residences?

Rimal Residences offers exclusive apartments priced at AED 411,888. The apartments provide a unique opportunity for buyers looking for off-plan properties in Sharjah, particularly in the vibrant Maryam Island area.

Q03

What is the payment plan for Rimal Residences in Sharjah?

The payment plan for Rimal Residences requires a 10% down payment, followed by 15% during construction, and the remaining 75% on handover. This flexible structure makes buying in Sharjah more accessible, allowing buyers time to manage their finances.

Q04

When will Rimal Residences be ready for occupancy?

Rimal Residences is expected to be ready by September 1, 2024. This timeline allows potential buyers to plan their investment and enjoy the luxurious lifestyle that Maryam Island offers.

Q05

Where is Rimal Residences located?

Rimal Residences is located in Sharjah, on Maryam Island. This prime location provides easy access to major attractions and offers stunning waterfront views, enhancing the overall living experience.

Q06

Who is developing Rimal Residences?

Rimal Residences is developed by Eagle Hills, a reputable name in the UAE real estate market. Their focus is on delivering high-quality developments that cater to modern lifestyles, ensuring excellent investment opportunities.

Q07

What amenities are available in Rimal Residences?

Rimal Residences boasts an impressive range of amenities, including a health club, gymnasium, shared pool, and concierge service. Additionally, there are children's play areas and security features, ensuring a family-friendly environment.

Q08

What types of properties are available in Rimal Residences?

Rimal Residences offers a selection of premium apartments. These properties are designed to meet diverse lifestyle needs, making them ideal for both investors and families looking to settle in Sharjah.

Q09

Is Rimal Residences a good investment opportunity?

Yes, Rimal Residences presents a promising investment opportunity in Sharjah. With competitive pricing, a flexible payment plan, and a reputable developer, investors can expect good ROI and capital appreciation in this growing real estate market.

Q10

How can I book an apartment in Rimal Residences?

To book an apartment in Rimal Residences, interested buyers can contact our sales team for detailed information on the booking process and available units. Our team is here to guide you through every step of your investment journey in Sharjah.

Ready when you are

Get the price list, payment plan, and a direct line.

Speak with a sales advisor and get vacancy rates, price-per-sqft growth, and floor plans on request.

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