Sarkoa Tower
About Sarkoa Tower
(sq. ft.)
Sarkoa Tower is a 41-storey skyscraper that is located in Al Majaz 2, Sharjah. The project was developed by FAM Holding and was commissioned in the fourth quarter of 2020. The building consists of various areas, including:
- Basement
- Parking (floors one through six)
- Offices (floors seven through 10)
- Leisure club (floor 11)
- Apartments (floors 12 through 39)
- Duplexes (floors 40 and 41)
Properties include one- to four-bedroom apartments and two- to four-bedroom duplexes. Units feature living rooms, dining areas, spacious bedrooms with adjoining bathrooms, and built-in wardrobes. Properties also have Smart Home systems that provide the ability to easily control lighting, curtains, and air conditioning.
The complex provides a variety of amenities and services, including:
- Covered parking
- Valet service
- 24-hour security
- Gym with separate areas for men and women
- Separate swimming pools for men and women
- Central air conditioning
- Tennis courts
- Jogging tracks
- Concierge services
Apartments range in size from 912 sq. ft. to 1,878 sq. ft. Duplexes range in size from 2,174 sq. ft. to 4,804 sq. ft. Properties range in price from AED 490,000 (USD 133,000) to AED 919,000 (USD 250,000).
*The price is valid for 2021
Property Information
- Location Al Majaz, Sharjah, UAE
- Status of Project Ready
- Type of Project Residential Building
- Units 1-4BR Apartments, 2-4BR Duplexes
- Area from 912 sq. ft.
Location
The nearest bus stops, Street Atlas Tower and Street-Al Majaz Park, are located within a five-minute walk of the tower. Dubai International Airport can be reached within a 15- to 20-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- City Centre Sharjah and Al Fardan Shopping Centre
- Sharjah Co-op, Metro Manila Supermarket, and Lifco Supermarket
- LuLu Hypermarket
- Al Kalha, Kamat Restaurant, Krispy Kreme Doughnut, and Pizza Hut
- Progressive English School
- Creative Home Nursery and Al Ghala Nursery
- Damas Medical Centre, Medcare Hospital Sharjah, and Zulekha Hospital
- Al Noor Mosque and Abdullah Ibn Abbas-Mosque
- Al Majaz Splash Park
The tower is located within a five- to 15-minute drive of several popular destinations, including the following attractions.
- Al Majaz Waterfront is a lively place with restaurants, shops, mini-golf courses, and other attractions.
- Sharjah Lagoon Al Majaz is a promenade with stunning views of a lagoon. It is a favourite place among residents and visitors of Sharjah.
- Al Montazah Parks is a popular waterpark with many slides, pools, and water rides. The complex also has cafes and a Ferris wheel.
Payback
Al Majaz is an area that is situated in the heart of Sharjah. Residents of Sarkoa Tower have easy access to a promenade, waterfront parks, children’s amusement rides, sports facilities, cafes, restaurants, and other amenities. As a result, properties are in steady demand among tenants and investors.
Residential units in Al Majaz have a return on investment rate that ranges from 6.4% to 7.1%. Two-bedroom apartments in Sarkoa Tower can be rented for AED 29,000 (USD 8,000), per annum.
*The price is valid for 2021
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