Al Waha Residence
About Al Waha Residence
(sq. ft.)
Al Waha Residence is a 52-storey residential skyscraper located in the Al Khan district of Sharjah. The complex was commissioned in 2012.
Properties include one- to three-bedroom apartments that are available to buy and rent. Units have modern kitchens, washrooms, fitted wardrobes, living areas, dining areas, and bedrooms with adjoining bathrooms. Most apartments have balconies with beautiful views of the Al Khan Lagoon.
The complex provides a variety of amenities and services, including:
- Covered parking
- Six high-speed lifts
- 24-hour security and video surveillance
- Central air conditioning
- Maintenance services
- Event space for meetings and parties
- Swimming pool
- Gym
- Children’s play area
- Spacious lobby for welcoming guests
- Fire alarms and extinguishers
Properties range in size from 847 sq. ft. to 2,000 sq. ft. and have an average price of AED 750,000 (USD 204,000).
*The price is valid for 2021
Property Information
- Location Al Khan, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 1-3BR Apartments
- Area from 847 sq. ft.
Location
The nearest bus stops, Al Ansari Exchange and Hotel Pullman, are located within a five- to 10-minute walk of the residences. Sharjah International Airport can be reached within a 30-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Matajer Al Khan Shopping Centre
- Alfayha Supermarket, City Centre Supermarket, and Plus Point Supermarket
- Mangiare Italian Restaurant, Shabeek Restaurant, and Five Star Restaurant
- Gerard Café, I Do Café, and First Avenue Café
- McDonald’s, KFC, and Hardee’s
- Al Durrah International School
- Alhanan Nursery
- Oriana Hospital and Lotus Holistic Health Care Sharjah
- Al Rafidain Pharmacy
- Jazeerat Allayyah Waterpark
- Al Mamzar Beach and Al Khan Corniche Beach
- GYM
- The building is located within a five- to 10-minute drive of several popular destinations, including the following attractions.
- Sharjah Aquarium is an oceanarium with more than 150 species of marine life, including reef sharks, seahorses, and clown fishes.
- Al Nahda Park is one of Sharjah’s most visited parks. There are walking paths, jogging tracks, play areas for children, outdoor gyms, and basketball courts.
- Sharjah Art Museum is a cultural centre with various art galleries.
Payback
Al Khan is a coastal area situated near the Al Khan Lagoon. The location of the area contributes to the high demand for real estate. Residents have easy access to all of the necessary facilities to ensure a comfortable living environment.
Properties in Al Khan have a return on investment rate that ranges from 3% and 4.5%. Apartments at Al Waha Residence have an annual rental rate that ranges from AED 30,000 (USD 8,000) to AED 53,000 (USD 14,000). If current trends continue, investments can be recouped within 17 to 20 years.
*The price is valid for 2021
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