Art Tower
About Art Tower
(sq. ft.)
Art Tower is a 25-storey residential complex located in Al Nahda, Sharjah. The project was developed by FAM Holding and was commissioned in the second quarter of 2021.
Properties include studios and one- to two-bedroom apartments. Interiors reflect the values of Islam and were implemented by Mohammed Al-Estad, a well-known designer.
All of the residential units have built-in wardrobes, spacious living rooms, sleeping areas with ensuite bathrooms, kitchens, and balconies that offer beautiful views of the emirate. Some apartments also have walk-in wardrobes.
The complex provides a variety of amenities and services, including:
- Covered parking
- Public parking
- Valet service
- 24-hour security and state-of-the-art video surveillance
- Swimming pool
- Sports hall
- Onsite art gallery
- Central air conditioning
- Spa centre
- Ground floor shops
- Children’s playground
- Concierge services
Apartments range in size from 434 sq. ft. to 1,592 sq. ft. and range in price from AED 247,000 (USD 67,000) to AED 687,000 (USD 187,000).
*The price is valid for 2021
Property Information
- Location Al Nahda, Sharjah, UAE
- Status of Project Completed
- Type of Project Residential Tower
- Units Studios-2BR Apartments
- Area from 434 sq. ft.
Location
The nearest bus stops, Al Nahda Street Tiger Building and 1st Industrial Street NBF, are located within a five-minute walk of the apartments. Dubai International Airport can be reached within a 15-minute drive.
The complex is situated near many social, commercial, and leisure facilities, including:
- Safeer Mall
- Al Madina Express, Quick Supermarkt, and Day To Day
- LuLu Hypermarket
- Nila, All Tasty, Hot Burger, Al Qantarah, iCook Asian Restaurant & Catering, and Al Saqr Cafe
- Al Durrah International School
- Sahara Nursery
- Al Nahda Medical Centre
- Al Nahda Fitness Centre
- Gym
The tower is located within a five- to 15-minute drive of several popular destinations, including:
- Sahara Centre, a huge shopping mall with world-class brand-name shops, a food court, a children’s play area, rides, and other entertainment venues
- Al Nahda Park, a recreation area with a football pitch, a basketball court, a children’s play area, and walking trails
- Expo Centre Sharjah, an exhibition and conference complex that regularly hosts various events
Payback
Al Nahda is located on the border of Dubai and Sharjah. As a result, residents of Art Tower have easy access to both emirates.
Apartments have a return on investment rate that ranges from 5.2% to 6.1%, depending on the type of unit. Annual rental rates range from AED 16,000 (USD 4,000) and AED 31,000 (USD 8,000). If current trends continue, investment can be recouped within 15 to 18 years.
*The price is valid for 2021
Similar Projects
Popular Searches in the UAE
Our newsletter
Sign up for our weekly newsletter for market updates!