La Plage Tower is a 45-storey residential complex located in Al Mamzar, Sharjah. The project was developed by Al Thuriah Group. The development is currently under construction and is expected to be commissioned in 2023.
Properties include one- to three-bedroom apartments that are available to buy and rent. There are also duplexes for sale. Apartments have panoramic windows with stunning views of Al Mamzar Lake. Residential units feature spacious living rooms, kitchens, fitted wardrobes, and bedrooms with ensuite bathrooms, and some apartments also have large terraces.
The complex provides a variety of amenities and services, including:
Residential units range in size from 1,000 sq. ft. to 2,555 sq. ft. and range in price from AED 540,000 (USD 147,000) to AED 1,190,000 (USD 324,000).
*The price is valid for 2021
The nearest bus stop, Mamzar 9-1, is located within a two-minute walk of the residences. Sharjah International Airport and Dubai International Airport can be reached within a 30-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
The tower is also located within a 15- to 20-minute drive of several popular destinations, including:
Al Mamzar is a coastal residential area located near the Dubai/Sharjah border. The complex is situated near many popular beaches, prestigious schools, parks, and shopping centres. As a result, properties at La Plage Tower are in demand among tenants and investors.
Properties in Al Mamzar have a return on investment rate that ranges from 4.4% to 7.3%, depending on the type of unit. Annual rental rates range from AED 35,000 (USD 10,000) to AED 50,000 (USD 14,000).
*The price is valid for 2021
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