Sharjah Terraces is a 40 storey residential tower by Al Thuriah on the Al Khan Corniche in Sharjah. It has 132 three and four bedroom apartments of 3,635 to 4,485 sq ft, each with a large private terrace. Al Thuriah announced the tower in March 2022 for delivery in 2025, now lists it under completed projects and offers the apartments for lease.
The project mixes modern architecture with practical functionality, giving a balance of elegance, comfort, and lifestyle convenience. With its prime waterfront setting, Sharjah Terraces has become one of Sharjah’s most prestigious addresses.
Property Details
| Feature | Details |
| Property Name | Sharjah Terraces |
| Developer | Al Thuriah |
| Location | Al Khan Corniche, Sharjah |
| Property Type | Apartments |
| Unit Types | 3 & 4 Bedroom Apartments |
| Sizes | 3,635 to 4,485 Sq. Ft |
| Asking rent | Al Thuriah lists a three bedroom Type 3 of 3,635 sq ft at AED 210,000. The rental period is not stated. No sale price is published |
| Sale or lease | Offered for lease by Al Thuriah |
| Handover | Completed. Al Thuriah lists planning, building and finishing all as done |
| 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 | Lagoon & City Views |
| Floors | 40 storeys. 33 residential floors, 5 parking levels, 1 health club floor and 1 technical floor |
| Total Units | 132 apartments |
| Status | Ready. Completed and handed over |
| Amenities | Pool, gym, beach access, kids play area, parking, prayer room and 24 hour security |
Features & Amenities
- Waterfront location on Al Khan Lagoon
- Spacious 3 & 4-bedroom luxury apartments
- Modern fitness club & wellness facilities
- Swimming pools & children’s play areas
- Hotel-style lobby with concierge services
- Secure covered parking spaces
- Landscaped surroundings
- Maids’ rooms & large balconies
- High-quality finishes with lagoon views
Location & Connectivity
Sharjah Terraces is set on Al Khan Lagoon, giving a serene environment with excellent city connectivity:
- 5 mins, Safeer Mall
- 10 mins, Matajer Al Khan Mall
- 15 mins, Sharjah International Airport
- Easy access to Sharjah city center & Dubai routes
Renting at Sharjah Terraces
Al Thuriah leases Sharjah Terraces apartments directly. Its floor plan page lists a three bedroom Type 3 of 3,635 sq ft with four bathrooms at AED 210,000, without stating the rental period. Ask us to confirm current rents and which apartments are free.
Floor Plans
Apartments range from 3,635 to 4,485 sq ft across three and four bedroom layouts, according to Al Thuriah’s March 2022 launch release.
Floor plans available upon request.
Why Invest in Sharjah Terraces
- Prime waterfront location in Al Khan Lagoon
- Developed by Al Thuriah, a trusted name in Sharjah real estate
- Spacious family-oriented layouts (3 & 4 bedrooms)
- Modern lifestyle amenities with fitness, pools, and concierge services
- Registrable with the Sharjah Real Estate Registration Department and open to all nationalities
- High rental demand in Sharjah’s growing waterfront communities
FAQs About Sharjah Terraces
Q1: What does Sharjah Terraces cost?
A: Al Thuriah publishes no sale price. It offers the apartments for lease, with a three bedroom Type 3 listed at AED 210,000.
Q2: Is Sharjah Terraces freehold?
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.
Q3: Is Sharjah Terraces completed?
A: Yes. Al Thuriah lists it under completed projects for 2025.
Q4: Who is the developer of Sharjah Terraces?
A: The project is developed by Al Thuriah Real Estate.
Q5: What unit types are available?
A: Spacious 3 & 4-bedroom apartments ranging from 3,635 to 4,485 Sq. Ft.
Contact Cresco Real Estate Today
📞 Call: +971 52 102 1429
📧 Email: info@crescorealestate.ae
Ask us about Sharjah Terraces rents, floor plans and availability on the Al Khan Corniche.
For the wider picture see our 2026 Sharjah investor guide, covering ownership rights, communities, prices and the registration steps.
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.
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.
Related reading
- Sukoon by Sanzen in Al Tay East Sharjah
- Sharjah property for sale
- Dubai rent vs buy calculator
- the SPA clauses that cost Dubai buyers money
Sources
Every figure on this page is traceable to a primary source. These are ours.
- Al Thuriah Properties, the official Sharjah Terraces project page
- Al Thuriah Group
- UAE Government portal, expatriates buying a property in the UAE, which covers Sharjah ownership rules
More about Sharjah
Read the Cresco area guide to Sharjah. Prices, rental yields, handover timelines, schools, commute times and what actually sells there.
You may also want to read work out the rental yield.
