Majestic Tower
About Majestic Tower
(sq. ft.)
Majestic Tower is a modern 50-storey residential complex located in Al Khan, one of Sharjah’s most popular coastal areas. Its construction began in 2005 and was carried out over three years. The tower was built using innovative technology and features a futuristic architectural design.
Properties include one- to four-bedroom apartments that are available to buy and rent. Units vary in size and configuration. The most popular residences are two- and three-bedroom apartments. Two-bedroom apartments have a size of 2,000 sq. ft. and cost AED 650,000 (USD 177,000). Three-bedroom apartments have a size of 2,500 sq. ft. and a starting price of AED 900,000 (USD 246,000).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Six levels of parking with reserved spaces
- High-speed elevators for quick movement between floors
- Swimming pool and sauna
- Beautifully landscaped park
- Event space
- Concierge services
- Reliable video surveillance and fire safety systems
Property Information
- Location Al Khan, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 2-3BR Apartments
- Area from 2,000 sq. ft.
Location
Majestic Tower is located in an area with a well-developed infrastructure. The nearest bus stops can be reached within a five- to 10-minute walk. Residents can also easily travel around using personal vehicles and cabs.
Residents can choose from a selection of local restaurants and cafes. Umm Hassan, Wazzup Dog, and Shababeek serve Arabic, Middle Eastern, and Egyptian cuisines and are situated within a 10-minute drive of the apartments. For groceries and household goods, residents can shop at Masaya, Lemara, Tawoon Al Madina, Fajer Al Khan, New City Centre Hypermarket, and Carrefour.
Al Khan Beach, Aryana Hotel, Novotel Sharjah Exhibition Center, Al Salam Grand Hotel, and Sharjah Palace Hotel are located within a five- to 10-minute drive of the complex. Al Arab Mall, Sharjah Mall, and Matajer Al Khan can also be reached within a 10-minute drive. The Al Khan area is home to Little Feet Nursery, Victoria International School, and Aster Medical Clinic. Sharjah International Airport is situated within a 20-minute drive.
The tower is located within a 10- to 15-minute drive of several popular destinations, including:
- Al Qasba, a popular open-air entertainment centre with a Ferris wheel, playgrounds, and boat tours
- Sharjah Aquarium, an oceanarium with more than 150 species of fish
- Al Majaz Waterfront Park
Payback
Properties at Majestic Tower belong to the budget segment of the market. The building is situated near the coast, as well as many social facilities. As a result, apartments are in demand among tenants and investors. Units have a return on investment rate of 6.9%. If current trends continue, investments can be recouped within 16 to 18 years.
Similar Projects
Metropolitan Premium Properties
-
[email protected]
-
+971 4 428 6111
-
36th-38th Floor, Al Salam Tecom Tower,
Internet City, Dubai, UAE
Get A Free Consultation
Ready for your new home?Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!