Al Ghafia is a modern residential community located in Al Riqqa, Sharjah. The complex provides a safe and comfortable living environment in an area with a developed infrastructure. The combination of these factors makes real estate in demand among families with children.
Properties include three- to eight-bedroom villas that are available to buy and rent. Most units have living rooms, well-equipped kitchens, staff accommodations, and parking for one or two vehicles.
It should be noted that residential properties vary greatly in size, configuration, and interior design, which is reflected in their values. Villas range in price from AED 600,000 (USD 164,000) to AED 1,400,000 (USD 382,000). The annual rental rate for a three- to four-bedroom residence ranges from AED 32,000 (USD 8,500) to AED 70,000 (USD 19,000).
*The price is valid for 2021
The community offers many benefits, including:
For groceries and household goods, residents can shop at Doha Supermarket and Al Madina Supermarket, which are located within a 10-minute walk of the villas. Ansar Mall, Mega Mall Sharjah, City Centre Sharjah, and Al Shaab Shopping Village can be reached within a five- to 10-minute drive.
Residents can choose from a selection of local restaurants and cafes. Al Aseel Public Kitchen, Al Hanouf Public Kitchen, Al Barah Public Kitchen, Al Qubtan, The Gate, Maraseah, and Blue Heron are situated within a 10-minute drive of the residences. Many of these establishments specialise in haute cuisine.
For medical services, residents can go to Zulekha Hospital Sharjah, Al Qassimi Hospital, Oriana Hospital Sharjah Dental Clinic, and Al Zahra Hospital Sharjah, which are located within a 15-minute drive of the community.
Residents can take advantage of nearby educational institutions. Miracle Children British Kindergarten, The Modern American International School, Aspam Indian International School, and Leaders Private School can be reached within a 15-minute drive of the villas.
Al Ghafia is situated near many entertainment venues and attractions, including:
Sharjah International Airport is located within a 15-minute drive of the residences.
Properties at Al Ghafia belong to the budget segment of the market. Villas are situated in a community with excellent transport links and development infrastructure. As a result, properties are in demand among tenants and investors. Villas have a fairly high return on investment rate of 4.7%. If current trends in the real estate market continue, investments can be recouped within 22 to 24 years.
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