In 2008, Al Rund Tower was completed as a 47-storey residential complex in Al Khan, Sharjah. The tower features apartments with two to three bedrooms. There are spacious living rooms, dining rooms, fully equipped kitchens, built-in cabinets, walk-in closets, pantries, washrooms, balconies, and at least two bathrooms in all residential units.
In Al Khan, tenants and investors alike enjoy easy access to parks, beaches, and recreational facilities. As a result, properties in Al Khan are in high demand.
Three-bedroom apartments have a return on investment of 4%, and two-bedroom apartments have a return of 4.5%. Annual rental rates range from AED 45,000 (USD 12,000) to AED 52,000 (USD 14,000).
*Prices are valid for 2021 only