Overview

Property Description

The Muweileh Community is the first multi-phase project in Sharjah's suburban area. The project was developed by Al Thuriah Properties and consists of nine plots with eight buildings and a community center. There are 440 residential units, 24 retail spaces, and other commercial spaces. The buildings have a ground floor, two parking floors, and five residential floors with 11 apartments each. The apartments range from studios to one- to three-bedroom apartments. In addition to studios, one-bedroom apartments have a minimum size of 910 square feet, two-bedroom apartments have a minimum size of 420 square feet, and three-bedroom apartments have a minimum size of 830 square feet. A one-bedroom apartment costs approximately AED 33,000 (USD 9,000) a year. There are community pools, separate gyms for men and women, a children's play area, event spaces, and round-the-clock security in each building. *Prices are valid for 2021 Due to the fact that Muweileh Community was commissioned in 2021, it is likely that the project will continue to gain popularity over the years to come. The area has promising economic conditions, which are expected to cause an increase in demand for housing. The average return on investment for apartments is 3.9%.

Location