Capital Tower
About Capital Tower
(sq. ft.)
Capital Tower is a 32-storey residential skyscraper located in Sharjah’s Al Majaz district. The building features studios and one- to four-bedroom apartments that have ample space, modern finishes, and innovative amenities.
Studios and apartments have built-in wardrobes, as well as panoramic windows with stunning views of the emirate. Studios have balconies, kitchens, bathrooms, and sleeping areas. Apartments have ensuite bedrooms, kitchens, living rooms, balconies, and lavatories.
The complex provides a variety of amenities and services, including:
- Parking with dedicated spaces
- High-speed lifts
- 24-hour security
- Meeting rooms for events
- Modern gym
- Children’s playground
- Reception area
- Shops and restaurants on the ground floor
Residential units range in size from 452 sq. ft. to 1,743 sq. ft. and range in price from AED 200,000 (USD 54,000) to AED 550,000 (USD 150,000).
*The price is valid for 2021
Property Information
- Location Al Majaz, Sharjah, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units Studios-4BR Apartments
- Area from 452 sq. ft.
Location
The nearest bus stops, Street Atlas Tower, Al Majaz Park, and Al Wahda Street City Centre, are located within a five- to 10-minute walk of the apartments. Sharjah International Airport and Dubai International Airport can be reached within a 30-minute drive.
The complex is situated within walking distance of many social, commercial, and leisure facilities, including:
- Md. Kamruzzaman Shopping Mall
- Alfayha Supermarket, Metro Manila Supermarket, City Centre Supermarket, and Fairways Supermarket
- Starbucks, Dine Best, and Happy Grassland Shining Rest
- Al Durrah International School
- Creative Home Nursery
- Mother & Child Care Medical Centre, Al Kamal Medical Centre, and Al Buhaira Medical Centre
- Life Pharmacy
The tower is located within a five- to 10-minute drive of several popular destinations, including the following attractions.
- Safya Park is a cosy green area within walking distance of the skyscraper. Visitors can enjoy a children’s playground, recreational areas, walking paths, a basketball court, and a football pitch.
- Sharjah Aquarium is a huge oceanarium with more than 150 species of marine life.
- Al Qasba is a cultural attraction with art centres, amusement rides, cafes, restaurants, shops, a Ferris wheel, and other attractions.
Payback
Al Majaz is a lively coastal area where residents can enjoy magnificent views of the promenade and lagoon. It has all of the necessary facilities, including various retail stores and commercial outlets. Residents also have easy access to many of Sharjah’s main attractions.
Properties in Capital Tower have a return on investment rate that ranges from 4.4% to 6.8%. Annual rental rates range from AED 19,000 (USD 5,000) to AED 38,000 (USD 10,000). If current trends continue, investments can be recouped within 14 to 16 years.
*The price is valid for 2021
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Metropolitan Premium Properties
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