GEM Residences is the new premium residential launch developed by Eagle Hills, placed in the iconic Maryam Island, Sharjah. Rising gracefully with a 9-storey façade over two podium parking levels and a stylish ground floor, this particular project features only 98 exclusive residences, giving a rare opportunity for luxury island living.
The development presents a mix of 1 to 4 bedroom apartments, 3 & 4-bedroom townhouses, and 4-bedroom penthouses, all designed to maximize waterfront views and natural light. Inspired by traditional Arabian architecture with a modern twist, the building features earthy tones, natural materials, and expansive glass balconies for unobstructed lagoon and island views.
Strategically located between the Maryam Island Promenade and the beach, GEM Residences mixes tranquility with connectivity, just minutes from Al Khan Lagoon, Expo Centre Sharjah, and Dubai International Airport.
Property Details
| Feature | Details |
| Property Name | GEM Residences |
| Developer | Eagle Hills |
| Location | Maryam Island, Sharjah |
| Property Type | Apartments, Townhouses, Penthouses |
| Unit Types | 1 to 4 Bedroom Apartments, 3 to 4 Bedroom Townhouses, 4 Bedroom Penthouses |
| Sizes | 781 to 3,171 Sq. Ft |
| Starting Price | AED 879,000 |
| Payment Plan | 30/70 |
| Down Payment | 10% |
| Handover | Q4 2027 |
| Ownership | Freehold is available to all nationalities inside Sharjah Executive Council approved development projects under Decision No. 30 of 2022. Approval is project by project and no public list exists, so ask us to confirm the status of this project in writing |
| Views | Waterfront, Lagoon & Island Views |
| Floors | G + 2 Podium + 9 Storeys |
| Status | Off-Plan |
| No. of Units | 98 Exclusive Residences |
Features & Amenities
- Waterfront promenade & private beach access
- Adults’ and kids’ swimming pools
- Fully equipped modern gymnasium
- Dedicated children’s playground
- Landscaped gardens & outdoor social spaces
- Maryam Island Park (4,151 sqm) with jogging tracks & basketball court
- Retail, cafes & leisure outlets along Maryam Island Boulevard
- Concierge & 24/7 security services
- Covered parking with dedicated spaces for residents
Location & Connectivity
Placed at Maryam Island, Sharjah, GEM Residences makes sure of both convenience and serenity:
- 2 mins, Maryam Island Boulevard & Promenade
- 5 mins, Al Khan Lagoon & Corniche Road
- 10 mins, Expo Centre Sharjah
- 15 mins, Sharjah International Airport
- 20 mins, Dubai International Airport (DXB)
Payment Plan
| Stage | Percentage | Notes |
| Down Payment | 10% | On Booking |
| During Construction | 20% | Easy Installments |
| Handover | 70% | Q4 2027 on Completion |
Floor Plans
Unit sizes at GEM Residences run from 781 to 2,910 square feet: 1 Bedroom at 781 sq ft, 2 Bedroom at 1,099 sq ft, 3 Bedroom + Maid at 1,759 sq ft, 3 Bedroom + Maid at 2,403 sq ft, 4 Bedroom + Maid at 2,151 sq ft, 4 Bedroom at 2,319 sq ft and 4 Bedroom at 2,910 sq ft. These are the developer stated areas. Ask us for the registered size on a specific unit before you offer, because the two do not always agree.
| Unit Type | Size Range | Category |
| 1 Bedroom | 781 to 811 Sq. Ft | Apartment |
| 2 Bedroom | 1,099 to 1,316 Sq. Ft | Apartment |
| 3 Bedroom + Maid | 1,759 to 2,071 Sq. Ft | Apartment |
| 3 Bedroom + Maid | 2,403 to 2,792 Sq. Ft | Townhouse |
| 4 Bedroom + Maid | 2,151 Sq. Ft | Apartment |
| 4 Bedroom | 2,319 to 3,233 Sq. Ft | Duplex / Penthouse |
| 4 Bedroom | 2,910 to 3,171 Sq. Ft | Townhouse |
Detailed floor plans available upon request.
Why Invest in GEM Residences
- Prime location on Maryam Island waterfront
- Exclusive project with only 98 residences
- Premium mix: apartments, townhouses & penthouses
- Developed by Eagle Hills, a global luxury developer
- Contemporary design blending traditional aesthetics
- Strong rental & capital appreciation potential
- Attractive 30/70 payment plan with 10% booking
FAQs About GEM Residences
Q1: What is the starting price for GEM Residences?
A: Prices start from AED 879,000.
Q2: What types of homes are available?
A: Apartments (1 to 4 BR), 3 & 4 BR townhouses, and 4 BR penthouses.
Q3: When is the handover?
A: Handover is expected in Q4 2027.
Q4: Is it a freehold project?
A: Yes, GEM Residences is a Freehold in Sharjah is granted project by project by the Executive Council and there is no published list, so confirm the status of this project before you rely on it. See the ownership section below. .
Q5: Who is the developer?
A: It is developed by Eagle Hills.
Contact Cresco Real Estate Today
Call: +971 52 102 1429
Email: info@crescorealestate.ae
Request brochures, floor plans, pricing, and exclusive availability for GEM Residences at Maryam Island today.
Read the Sharjah property guide before you commit. It explains ownership rules for foreign buyers, current market figures and how the buying process runs.
Can a foreigner own property in Sharjah
Yes, in approved projects, and the position changed in 2022. A lot of what is still published online describes the old rules, including the UAE federal government portal page on Sharjah, which has not been updated since the change.
The base rule. Article 4 of Sharjah Law No. 5 of 2010 limits the right to own real estate in the emirate to UAE nationals and GCC nationals.
What changed. Sharjah Law No. 2 of 2022, issued on 31 October 2022, amended Article 4 to create exceptions. The following day the Sharjah Executive Council issued Decision No. 30 of 2022, which allows buyers of any nationality to own property of all types and uses inside approved real estate development areas and projects, as absolute ownership not limited by time. That is genuine freehold.
The catch, and it is the important part. Approval is granted project by project, on application, by a committee that includes the Sharjah Real Estate Registration Department, the Land Planning and Survey Department, the Department of Economic Development and Sharjah Municipality. The Executive Council has never published a list of approved projects. So freehold in Sharjah is real, but it is never a blanket emirate wide rule, and every list of Sharjah freehold areas circulating online is assembled from developer marketing rather than from any government instrument.
Where a project has not been approved, the older route still applies. Under Executive Council Resolution No. 26 of 2014, a foreign national can hold a usufruct right of up to 100 years, registered with the Sharjah Real Estate Registration Department. That right can be sold, assigned within the remaining term, leased out and improved. Holders can convert to full ownership by signing a new contract and paying a registration fee reported at 2 per cent.
What to do before you sign. Ask for the approval status of the exact project in writing, and check the title instrument you are being offered, not the wording in the listing. Freehold for all nationalities and freehold for Arabs are portal conventions with no basis in Sharjah law. Cresco Real Estate will obtain the position from the developer and confirm it against the Sharjah Real Estate Registration Department record before you commit. RERA ORN 34288.
Full detail: Property ownership in Sharjah for foreigners, covering Law No. 2 of 2022, Executive Council Decision No. 30 of 2022, the 100 year usufruct under Resolution No. 26 of 2014, registration fees and off plan escrow protection.
More about Maryam Island and Sharjah
Read the Cresco area guide to Maryam Island and Sharjah. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
Open the Maryam Island and Sharjah area guide
You may also want to read work out the rental yield.
