Al Anwar Tower is one of the many luxury residential buildings located in Al Khan, a southern suburb of Sharjah. The community serves as a boundary between Dubai and Sharjah, making it an ideal place to live for those working in Dubai.
Construction of the 46-storey residential building began in 2004, and it was completed in 2006. The tower has a height of 181.39 m. Properties include two- to four-bedroom apartments that feature panoramic windows and spacious balconies overlooking the Al Khan Lagoon.
Two-bedroom apartments in Al Anwar Tower range in size from 2,400 sq. ft. to 2,500 sq. ft. and have two or three bathrooms. Three-bedroom apartments range in size from 2,100 sq. ft. to 2,350 sq. ft. and have three or four bathrooms. Four-bedroom apartments have an average size of 3,500 sq. ft. and include staff accommodations, large living rooms, and balconies.
The complex provides a variety of amenities and services, including covered parking with reserved spaces, high-speed elevators, 24-hour security services, CCTV, a fully equipped gym, a rooftop swimming pool, sun loungers, and pet-friendly accommodations. Units have air conditioning and heating systems, which ensure a comfortable living environment at any time of the year. There is a supermarket and a men’s salon located on the first floor of the building.
The average rental rate for a furnished three-bedroom apartment is AED 79,000 (USD 21,500), per year. Three-bedroom apartments have an average price of AED 800,000 (USD 218,000).
Location
*The price is valid for 2021
Al Khan is a coastal community of Sharjah that offers a bay-front lifestyle. The main feature of the area is the Al Khan Lagoon. Residents also have easy access to several attractions, such as Sharjah Expo Center and Sharjah Aquarium.
The surrounding areas can be reached by car and public transport. The nearest bus stop, Al Qasba 1, is situated within a five-minute walk of the apartments. The tower is located near various shopping centres and restaurants. Blue Ocean Seafood and Bangkok Town can be reached within a five-minute drive. For groceries and household goods, residents can shop at Al-Bawadi, Carrefour, and Istanbul, which are also situated within a five-minute drive.
The complex is located within a 10-minute drive of several key facilities, including:
Residents can also access leisure facilities in the neighbouring communities of Al Majaz, Al Mamzar, and Al Nahda, which can also be reached within a 10-minute drive of the apartments. Sharjah International Airport is situated within a 15-minute drive.
Four-bedroom apartments at Al Anwar Tower have a maximum return on investment rate of 5.8%. Two-bedroom properties have a return rate of 4.5%, and three-bedroom apartments have a return rate of 4%.
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