Al Hamad Group implemented Al Maha Tower, a 31-storey residential complex in Al Majaz, Sharjah.
In addition to apartments with a one-to-three-bedroom layout, there are also apartments with double-glazed windows that provide stunning views of the surrounding area. The average price of a one-to-two-bedroom apartment ranges from AED 328,000 to 543,000 (USD 90,000 to 148,000). The rental rate ranges between AED 24,000 and 34,000 (USD 6,000 to 9,500).
Three-bedroom apartments span 2,800 square feet and cost approximately AED 950,000 (USD 259,000). Each unit has four bathrooms, staff accommodations, built-in closets, and walk-in closets.
*Prices are valid for 2021
With a return on investment rate of 7.1% for one-bedroom units and 6.3% for two- and three-bedroom apartments, the Al Maha Tower is in high demand among tenants and investors.