Waterfront Residential · Sharjah
Al Majaz is Sharjah's most prestigious residential district, situated on the banks of Khalid Lagoon in the heart of Sharjah city. Known for the Al Majaz Waterfront park, the Sharjah Eye Ferris wheel, and a cluster of upscale hotels and restaurants, it offers the most liveable environment in the emirate.
As a property investment, Al Majaz benefits from Sharjah's position as a high-yield, low-cost-of-entry market compared to Dubai. Gross yields of 8–11% are common, and with Sharjah's growing attractiveness as a family-oriented, more affordable emirate, demand fundamentals are strong. Freehold ownership is now available in select Sharjah projects.
| Unit Type | Purchase Price | Annual Rent | Gross Yield |
|---|---|---|---|
| Studio | AED 280,000 | AED 28,000/yr | 10.0% |
| 1 Bedroom | AED 430,000 | AED 42,000/yr | 9.8% |
| 2 Bedrooms | AED 650,000 | AED 62,000/yr | 9.5% |
| 3 Bedrooms | AED 960,000 | AED 88,000/yr | 9.2% |