ASAS Tower
About ASAS Tower
(sq. ft.)
ASAS Tower is a 44-storey residential complex located in the Al Khan district of Sharjah. The project was developed by ASAS Real Estate and features a traditional Arabic design.
There are a total of 608 residential units that are available to buy and rent. Properties include two- to three-bedroom apartments that feature balconies with beautiful views of a lagoon. Apartments also have large bedrooms with adjoining bathrooms, spacious dining rooms, living rooms, kitchens, and guest bathrooms.
The tower provides a variety of amenities and services, including:
- Six levels of covered parking
- Guest parking
- 17 high-tech elevators
- 24-hour video surveillance
- Maintenance services
- Central air conditioning
- Gym
- Children’s playground
- Landscaped garden
- Swimming pool
- Sauna
- 24-hour concierge services
Apartments range in size from 1,750 sq. ft. to 2,949 sq. ft. and range in price from AED 735,000 (USD 200,000) to AED 2,000,000 (USD 544,500).
*The price is valid for 2021
Property Information
- Location Al Khan, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 2-3BR Apartments
- Area from 1,750 sq. ft.
- Total Amout of Units 608
Location
ASAS Tower is well connected to the emirate’s three main roads, so residents can easily travel around using personal vehicles and cabs. The nearest bus stop, Al Khan, can be reached within a five-minute walk of the apartments. The neighbouring community of Al Majaz is situated within a 10-minute drive, and Sharjah International Airport is located within a 15-minute drive.
The tower is situated within a five- to 10-minute drive of several key facilities, including:
- Khubz Restaurant and Meleh Restaurants
- Nando’s Al Qasba and Beit Sitti
- Fajer Grocery Store
- Five Kids Kindergarten
The complex is located within a 15-minute drive of many additional facilities, including:
- Katis and Nayab Handi Restaurant
- Buhairat Supermarket and Al Ahli Supermarket
- Maharat Al Khaleej Kindergarten and Al Bait Al Sagheer Kindergarten
- Victoria International School, Al Durrah International School, and Dubai Carmel School
- Medical Clinic Aster
- Al Arab Mall, a large shopping and entertainment centre
- Al Qasba, an entertainment complex with restaurants, game areas, and a Ferris wheel
- Sharjah Aquarium
- Al Majaz Park
Payback
Al Khan is a prestigious coastal neighbourhood with many residential and commercial skyscrapers. Residents have access to all of the necessary amenities, such as supermarkets, schools, hospitals, beaches, parks, and parking lots.
Given the neighbourhood, properties at ASAS Tower are in demand among tenants and investors. Units have a return on investment rate of 6%. Annual rental rates range from AED 45,000 (USD 12,500) to AED 80,500 (USD 22,000). If current trends continue, investments can be recouped within 18 to 20 years.
*The price is valid for 2021
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