The emirate Sharjah
Just a 30-minute drive from Downtown Dubai is the emirate: Sharjah. Sharjah is known as the cultural capital of the United Arab Emirates, where you should be for art, literature and history. Sharjah is now mostly inhabited by locals and workers but this is soon to change. Arada, the master developer of Sharjah is building a completely new Downtown center called Aljada.
General information
Sharjah, one of the seven emirates of the United Arab Emirates, is known for its rich cultural heritage, vibrant markets and beautiful coastline. As a thriving cultural and economic center, Sharjah has attracted the attention of investors and residents seeking a dynamic lifestyle in a traditional setting.
One of the most notable developments in Sharjah is the Aljada plan, an ambitious project being developed by Arada, a leading real estate developer in the region. Aljada is an integrated community that includes luxury homes, business districts, shopping, recreational facilities and green spaces, all designed to provide a vibrant and modern urban lifestyle.
With innovative architecture, modern amenities and a focus on sustainability, Aljada promises to be a destination where living, working and relaxing come together. From green parks to vibrant shopping centers and exceptional dining options, Aljada is designed to meet the needs of a diverse and growing community.
As one of the most promising developments in the region, Aljada represents Sharjah's vision to become a modern and prosperous city while remaining true to its cultural heritage. With a mix of luxury amenities and a vibrant community atmosphere, Aljada promises to mark an exciting new phase in Sharjah's evolution.
We see Aljada as a good investment opportunity. However, this is not to say that we see the rest of Sharjah as a good investment as well. Sharjah is mostly old and dilapidated and currently not even comparable to Dubai. Aljada is being built to change this and give Sharjah the renovation it needs to become a vibrant emirate.
ROI and capital appreciation
The returns and value increases in Dubailand are good but expected to get much better in the near future. Studios, 1-bedroom apartments and villas realize the best ROIs in this emirate. It is recommended to rent the properties for a mix of short-term and long-term. Studios start at around €200,000 and villas start at around €800,000.
Off-plan
New construction in this region increases in value by around 20% to 40% during the construction phase, which is often 3 years. The short-term rental net returns on the initial investment are between 6% and 8% net. After completion, the increase in value in this region is between 5% and 10% per year.
Ready built
Existing construction in this region is experiencing value appreciation between 5% and 10% per year. Short-term rental net returns on initial investment are between 4% and 6% per year for existing construction.
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