Shams Residence: Eagle Hills' Apartment Entry on Maryam Island
Eagle Hills delivered Shams Residence on Maryam Island in Al Khan, Sharjah. Construction began in May 2022, with an expected completion of June 2023. That date has passed, which means this project has almost certainly been handed over. A buyer evaluating Shams Residence today is looking at a completed building, not a construction timeline.
What the Maryam Island Address Means in Practice
Maryam Island is a waterfront island community within Al Khan, one of Sharjah's established coastal districts along the Arabian Gulf. The location puts residents close to Sharjah's city center and within commuting distance of Dubai. For anyone working in Dubai, the Sharjah-Dubai corridor is manageable as a daily commute, though peak-hour traffic on that route is a consistent real-world factor.
The island address carries specific value. Living on Maryam Island places residents within a named, planned waterfront environment rather than a standard block in Sharjah's broader urban sprawl. That distinction matters both for day-to-day experience and for the property's positioning in the rental and resale market.
AED 463,000: A Single Price Point
The listed price is AED 463,000. There is no spread because both the minimum and maximum sit at the same figure. This points to a standardized apartment configuration rather than a choice of unit sizes or floor positions. The decision is binary: buy at this price, or don't.
At AED 463,000, the buyer profiles split into two clear groups. The owner-occupier is looking for a waterfront address at Sharjah pricing, considerably below what comparable coastal locations in Dubai cost. The investor is looking for a completed, rentable apartment in a managed building on a named island development.
Getting In at 20% Down
| Stage | Percentage |
|---|---|
| Down payment | 20% |
| Post handover | 80% |
The entry cost is AED 92,600, which is 20% of the purchase price. The remaining 80% comes due after handover. For a project that appears already completed, this is a buyer-friendly payment structure. A small upfront commitment secures the unit, with the larger obligation deferred to post-delivery rather than paid incrementally during construction.
The post-handover share at 80% is the dominant financial event in this transaction. It is the bulk of the purchase cost, and the low entry figure lowers the barrier to locking in the unit initially.
What Six Amenities Say About the Building
| Category | Amenities |
|---|---|
| Outdoor & Social | Landscaped Gardens, Barbecue Area, Children's Play Area |
| In-Unit | Balcony |
| Building | Fully Serviced, Elegant Lobby |
Six amenities, split between outdoor communal space and building-level services. The outdoor cluster of gardens, a barbecue area, and a children's play zone signals a building targeted at families and residents who use shared spaces. Balconies at the unit level add private outdoor access, which on a waterfront island carries more day-to-day relevance than the same feature in an inland block.
"Fully Serviced" and "Elegant Lobby" point to a building with managed services and a formal entrance. For an investor, that matters: the building presents professionally, which supports tenant attraction and reflects expectations around building maintenance. The amenity set covers essentials and delivers a managed residential environment rather than competing on resort-style extras.
A Completed Asset on an Established Island
With construction starting in May 2022 and completion targeted for June 2023, Shams Residence sits firmly in the delivered or near-delivered category. The risks that come with a pure off-plan purchase, such as uncertainty about the finished product and construction delays, are reduced here. The physical building is there. The community around it is observable.
The payment structure reinforces this position. Offering 80% post-handover on a project that appears already completed gives the buyer meaningful payment flexibility on an asset that already exists. That combination of completed delivery and deferred payment is the core of what makes this project worth a closer look for the right buyer profile.