In Al Khan, Sharjah, Al Shahd Tower is a 47-storey residential complex.
The apartments range in size from 1,650 square feet to 3,046 square feet. Two-bedroom apartments cost an average of AED 756,000 (USD 206,000) and are rented at AED 45,000 (USD 12,500). Apartments with four bedrooms cost AED 1,300,000 (USD 354,000) and rent for AED 67,000 (USD 18,000) each year. There are three bathrooms, living rooms, kitchens, separate staff accommodations, and balconies in each unit.
*Prices are valid for 2021
Al Shahd Tower properties are in high demand among investors due to their moderate prices and convenient location. Residents of Al Khan have easy access to all the amenities they need for a comfortable living environment. Four-bedroom apartments in Al Khan have a return on investment rate of 5.8%. Two-bedroom apartments have a return rate of 4.5%, and three-bedroom apartments have a return rate of 4%.