Overview

Property Description

Located in the Al Majaz district of Sharjah, Queen Tower is a 26-story residential complex with 166 residential units spread over 21 floors. One- to three-bedroom apartments are available to buy and rent. In addition to bedrooms with ensuite bathrooms, living rooms, kitchens with built-in cabinets, lounge/dining areas, balconies, and staff accommodations, some apartments come with large entrance halls and two balconies. Due to its coastal location, residences in Al Majaz are in high demand. Properties are ideal for those looking to maintain a healthy lifestyle with scenic views. It is estimated that Queen Tower will have a return on investment rate of 7% to 8%. Annual rental rates range from AED 27,000 (USD 7,000) to AED 55,000 (USD 15,000. If current trends continue, investments can be recouped within 13 to 16 years. *Prices are valid for 2021

Location