Sharjah Terraces
About Sharjah Terraces
(sq. ft.)
Sharjah Terraces is a modern 40-storey residential complex located in Al Khan, a safe and comfortable place to live in Sharjah. The project is in its final stages of implementation. According to the developer, the complex’s main distinguishing feature is its design, which combines modern technologies with a refined, luxurious style.
Properties include three- to four-bedroom apartments that are available to buy and rent. Three-bedroom units have three different configurations. They range in size from 3,635 sq. ft. to 4,130 sq. ft. and have a starting price of AED 2,000,000 (USD 546,000). Four-bedroom apartments have a standard size of 4,485 sq. ft. and a minimum price of AED 2,467,000 (USD 673,500).
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
- Five levels of underground parking with reserved spaces for each residence
- Outdoor swimming pools
- Well equipped gym
- Several children’s playgrounds
- Event spaces for family celebrations and business meetings
- Luxurious lobby with a dedicated guest area
- Concierge services
- Qualified security services and reliable video surveillance systems
Property Information
- Location Al Khan, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Building
- Units 3-4BR Apartments
- Area from 3,635 sq. ft.
Location
Al Khan is a coastal community located in the emirate of Sharjah. It features the Al Khan Lagoon. The neighbourhood is suitable for families with children and offers a waterfront living environment. It is also home to major attractions, such as Sharjah Expo Center and Sharjah Aquarium.
The public transport infrastructure near Sharjah Terraces is currently underdeveloped. However, residents can easily travel around using personal vehicles and cabs.
For groceries and household goods, residents can shop at Safeer and New City Centre, which can be reached within a five-minute drive of the complex. Al Arab Mall, Matajer Al Khan Mall, and Sharjah Mall are situated within a 10-minute drive.
Residents can choose from a selection of local restaurants and cafes. Delicious Corner, Roadhouse, and Bait Al Mandif serve Indian and European cuisines and are located within a 10- to 15-minute drive of the apartments.
Residents can take advantage of nearby schools and medical centres. Victoria International School (Australian curriculum), the American School of Creative Sciences (American curricula), and Aster Clinic can be reached within a 10- to 15-minute drive of the residences. University City Sharjah is situated within a 20-minute drive.
Sharjah International Airport is located within a 20-minute drive of the complex.
Payback
Sharjah Terraces offers properties that belong to the premium segment of the market, and units make for profitable investments. Properties in Al Khan have an average return on investment rate of 4.5%. If current trends continue, investments can be recouped within 22 to 25 years.
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Metropolitan Premium Properties
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Internet City, Dubai, UAE
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