Al Maha Tower is a 31-storey residential complex located in Al Majaz, Sharjah. Commissioned in 2003, the project was implemented by Al Hamad Group.
Properties include one- to three-bedroom apartments that feature double-glazed windows that offer beautiful views of the surrounding area. One- to two-bedroom apartments have an average price that ranges from AED 328,000 to 543,000 (USD 90,000 to 148,000). Annual rental rates range in price from approximately AED 24,000 to 34,000 (USD 6,000 to 9,500).
Three-bedroom apartments cover an area of 2,800 sq. ft. and cost approximately AED 950,000 (USD 259,000). Units have four bathrooms, staff accommodations, built-in closets, and walk-in closets.
*The price is valid for 2021
The complex provides a variety of amenities and services, including:
Al Maha Tower is located in the lively area of Al Majaz, which extends along the Buhaira Corniche Promenade. The community is one of Sharjah’s most family-friendly neighbourhoods thanks to a well-developed infrastructure.
Al Majaz is surrounded by many tourist attractions. Al Montazah Park, also known as the Island of Legends, offers rides and activities for the whole family. Al Majaz Waterfront is another popular destination and features singing fountains.
The tower is situated within a short drive of many key facilities, including:
Al Maha Tower offers properties that are in demand among tenants and investors. One-bedroom units have the highest return on investment rate of 7.1%. Two- and three-bedroom apartments have a return rate of 6.3%.
Sign up for our weekly newsletter for market updates!