Overview

Property Description

Al Misk Properties developed Alfa Tower, a 12-storey residential complex in Sharjah's Al Majaz district. Among the residential units are one-to-three-bedroom apartments with living rooms, dining rooms, kitchens, balconies, bedrooms, fitted wardrobes, and showers. Apartments with two to three bedrooms also include staff accommodations, guest bathrooms, and laundry rooms. There is high demand for residential properties in Al Majaz because most of the complexes are located near the beach. It is one of Sharjah's most popular residential areas. The community is equipped with all the necessary amenities to ensure a comfortable living environment. Property prices in the area are from 6.3% to 7.1% based on the returns on investment that are available. Residents have easy access to supermarkets, schools, restaurants, and parks. AED 30,000 (USD 8,000) is the average annual rental rate for Alfa Tower apartments. If current trends continue, investments can be recouped in 14 to 16 years. *Prices are valid for 2021

Location