Al Khan

What You Should Know About the Al Khan, Sharjah Property Market

Al Khan can be a perfect fit if you think about the best places to stay in Sharjah. It is a waterfront community and hosts the Al Khan Bay, also called the Al Khan Lagoon.

Many properties in Al Khan give a waterfront lifestyle. The community also hosts the Sharjah Expo Center and Sharjah Aquarium. And, what is more, Al Khan has the most affordable apartments for rent in Sharjah, according to the current trends.

The Key Features of Al Khan:

  • A perfect residential community
  • Has the famous beaches in Sharjah
  • Offers seafront living
  • Nearby to Majaz and Al Qasba waterfronts
  • Availability of many mid to high-rise apartment buildings
  • Located at the boundary between Sharjah and Dubai

Another notable aspect of the Al Khan community is its proximity to Dubai. Given the spectacular views and the available facilities, you can justify the rent you pay for a house in the neighborhood.

If you are interested in buying properties in Al Khan, you will find some freehold properties to invest in the community.

Types of Properties in Al Khan

In Al Khan, you will find many types of properties–residential and commercial.

In the residential category, there are studios to 4-bed apartments. And, for the ones looking for private units, there are penthouses offering views of the marina.

There are many shops for rent in Al Khan and office buildings in the residential category, of 150 to 3,000 square feet units in Expo Building and Style Tower.

Rental Landscape in Al Khan

Given the prevailing rental trends, the prices are within the affordable range for rental properties in Al Khan.

You can also get luxury apartments for rent in Al Khan. And the rent starts at around AED 16k, and the prevailing rents for such an apartment start at around AED 39k.

Given the current trends, the rent for a 4-bed apartment starts from AED 94.9k.

If you rent a studio in Al Khan, it will call for AED 18k per annum. And a 1-bed apartment with a 950 square feet space calls for AED 24k as rent.

Likewise, renting a 2-bedroom apartment, you need to pay around AED 36k. And, your rent bill will be around AED 56k for a 3-bed apartment.

In Al Khan, there is also the option of renting penthouses. And, they call for rent of around AED 90k.

Sales Trends in Al Khan

If you want to invest in a property in Al Khan, you can have plenty of options to choose from in the community.

Investing in a 1 BHK flat in Al Khan can be the best option for investors with a limited budget. And, if you are without any budget constraints, you can consider investing in the luxurious sea view apartments for sale in Al Khan. For such investments, freehold studios in Al Khan call for an investment of AED 377k, while a 1 BHK flat in Al Khan calls for an expenditure of AED 553k.

Purchasing a 2-bedroom apartment can entail an expenditure of AED 787k. And, 3-bed flats in Al Khan require a purchase price of around AED 1.1M.

In addition, there are 4-bed apartments for sale, which entails an expenditure of AED 1.7M. You will also get luxurious units on higher floors with total sea views.

Famous Buildings in Al Khan

Now, let us look at the famous buildings in Al Khan that are as follows:

Future Tower

It is the most popular residential building in Al Khan, one of the top residential areas for families in Sharjah.

You can regard the Future Tower as a three-building complex with three towers. In the first block, there are 25 storeys. And there are 24 residential floors, 1 service lobby and 5-storey dedicated parking space in Tower 3.

In Tower 2, there are 22 floors. And, if you rent an apartment in the Future Tower, the rent will start at around AED 25k.

There are 1, 2 and 3-bed apartments for rent in the building. The Future Tower is near the Sharjah Mall.

Maryam Island

There are plenty of off-plan properties in Maryam Island. And an investment in any one of them will entail high RoI.

In the community, the ongoing projects include Naseem Residences, Noor Residences and Azure, Sapphire and Cyan Beach Residence by Eagle Hills.

If you want to invest in a property in Maryam Island, you need to spend anything between AED 350k to AED 1.2M.

Asas Tower

Next comes the Asas Tower, a project by Asas Real Estate. The building has attracted many investors to invest in apartments in the building.

Given the current trends, a 2-bed apartment in Asas Tower will cost you around AED 1M. Remember, the sales are available on a 99-year leasehold period for expatriates.

Al Hilal Tower

It is a 42-storey skyscraper with 1, 2 and 3-bedroom apartments. In addition, the Al Hilal Tower has a luxurious lobby, six levels of parking, and five high-speed elevators.

Riviera Tower

Finally, you can choose the Riviera Tower, consisting of 30 storeys. In addition, there is a gym, spa, helipad, and 5 levels of reserved parking.

The apartments in the building provide spectacular waterfront views. And the sale prices of apartments start at AED 425k.

Factors to Check Before Relocating to Al Khan

You will find things very smooth in Al Khan from a broader perspective. And, the place does not lack any essential facility to make your life prone to hassles.

Hotels, supermarkets, healthcare centers, educational institutions, and restaurants make your life convenient.

Although you will find waterfront homes and spectacular surroundings in addition to the best beaches in the UAE, there is a consideration to make beforehand.

If you are habituated to spending your weekend nights in bars and clubs, Sharjah is not the right place for you, as it is a dry city.

In such a case, you must go to Dubai, where there are plenty of bars and clubs.

Conclusion

Nevertheless, staying in Al Khan can entail a slew of advantages in a convenient and enjoyable living. If you are interested in renting or investing in a property in Al Khan, you can visit a trusted web portal, such as Toplatest.ae, to browse the available properties.