Al Shahd Tower
About Al Shahd Tower
(sq. ft.)
Al Shahd Tower is a 47-storey residential complex located in Al Khan, Sharjah.
Properties include two- to four-bedroom apartments that range in size from 1,650 sq. ft. to 3,046 sq. ft. Two-bedroom apartments have an average price of AED 756,000 (USD 206,000) and an annual rental rate of AED 45,000 (USD 12,500). Four-bedroom apartments cost approximately AED 1,300,000 (USD 354,000) and have an annual rental rate of AED 67,000 (USD 18,000). Units have up to three bathrooms, living rooms, kitchens, separate staff accommodations, and balconies.
*The price is valid for 2021
The building provides a variety of amenities and services, including:
- Security
- Central air conditioning
- High-speed elevators
- Serviced parking
- Gym
- Swimming pool
- Children’s playground
Property Information
- Location Al Khan, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 2-4BR Apartments
- Area from 1,650 sq. ft.
Location
The Al Khan neighbourhood is located near a lake, and there are several waterfront facilities, including restaurants, supermarkets, hotels, parks, schools, and medical facilities.
The community has good transport accessibility. Al Khan Street and Al Wahda Street can be reached within a five-minute drive of the apartments, and they provide direct routes to other parts of the emirate. The nearest bus stop is situated within a 10-minute walk.
For groceries and household goods, residents can shop at Bismi Hypermarket and New City Centre Hypermarket, which are located within a five-minute walk of the residences. There are several nearby attractions, including the Al Qasba Promenade, which offers entertainment venues, singing fountains, and evening light shows. It is a very popular place for family-friendly activities. Sharjah International Airport can be reached within a 15-minute drive.
The complex is situated within a 10- to 15-minute drive of many social, commercial, and leisure facilities, including:
- Saarangaa Bhojan Shala, Baba Ghanouj, Loris Restaurant, Dunia Al Sham, and Murano Restaurant
- Bait Al Mandi, one of Sharjah’s best restaurants
- Carrefour Market
- Bluebell’s Nursery, Little Feet Nursery, Crown Nursery, and Canadian Montessori Nursery
- Victoria International School and American School of Creative Sciences
- Aster Clinic and Thumbay Hospital
- Al Arab Mall, Sharjah Mall, and Matajer Al Khan Mall
- All Stars Gym and Body & Soul Health Club
Al Safya Park is considered to be one of the most beautiful parks in Sharjah. It has manicured gardens, walking paths, and a children’s playground.
Corniche Street can be reached within a 10- to 15-minute drive of the tower. It is a popular area for shopping and relaxing. Visitors can enjoy beautiful views of the neighbourhood.
Payback
Properties at Al Shahd Tower are in demand among investors due to their moderate prices and convenient location. Residents have easy access to all of the necessary amenities to ensure a comfortable living environment. Four-bedroom apartments in Al Khan have the highest 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%.
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Metropolitan Premium Properties
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+971 4 428 6111
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36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
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