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Areej

Areej

About the project

400,000 AED Starting Price from
1-2BR Available Units
294 Area from
(sq. ft.)
2022 Q1 Handover

Areej is a new mid-rise apartment complex located in Aljada, a community situated in Sharjah’s central Naseej District. Arada Developments LLC is the community’s primary developer. Construction on Areej started in 2018 and is expected to be completed in the first quarter of 2022. It will be surrounded by residential communities, commercial spaces, educational institutions, and entertainment facilities.

Areej offers properties for sale and rent. Studios and apartments feature floor plans with one- to two-bedroom layouts. Units range in size from 294 sq. ft. (27 sq. m) to 1,258 sq. ft. (117 sq. m). Properties are fully finished and have panoramic windows overlooking the park or boulevard. Residents can enjoy a variety of amenities, including:

  • Smart Home systems
  • Swimming pool
  • Equipped gym
  • Parking
  • 24-hour security with video surveillance
  • Landscaped areas
  • Nearby cafés, restaurants, and shops

Properties range in price from AED 320,000 (USD 87,000) to AED 1,020,000 (USD 278,000).

*The price is valid for 2021

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Location

The community of Aljada is located at the intersection of Sheikh Mohammed Bin Zayed Road and Al Dhaid Road. Residents have easy access to Dubai, public beaches, and Al Majaz Waterfront, which are located within a 20-minute drive of the complex. The community’s infrastructure is currently in the process of being built. Once finished, there will be several schools, a park, restaurants, and retail stores.

The area does not offer public transport at this time, so residents are advised to travel by personal car and taxi. The complex is located within a short drive of many city attractions, including:

  • Sharjah International Airport – 5 minutes
  • Sharjah National Park and Sharjah Golf and Shooting Club – 10 minutes
  • American University of Sharjah and University of Sharjah – 10 minutes
  • Dubai International Airport – 15 minutes
  • Zero 6 Mall and Safari Mall Sharjah – 15 minutes
  • Al Montazah Parks and Rolla Square Park – 20 minutes
  • Sharjah Art Museum and Sharjah Museum of Islamic Civilization – 20 minutes
  • Sharjah Beach – 20 minutes

The complex is also situated near Carrefour Market, Al Zahia Park, and Madar Aljada, which can be reached within walking distance.

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Return on investment

Areej provides an ideal living environment for professionals and families with children. The area offers many affordable rental properties, and tenants can enjoy easy access to other parts of the city through the neighbourhood’s well-developed network of highways.

Aljada offers many profitable real estate investment opportunities, and residences are being sold as freehold properties, which is an advantage for international buyers. Investors can choose to purchase units to rent out, which can offer a good source of income. The annual rental rate for a unit at Areej ranges from AED 22,000 (USD 6,000) to AED 45,000 (USD 12,000).

*The price is valid for 2021

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Metropolitan Premium Properties

  • [email protected]
  • +971 4 428 6151
  • 36th-38th Floor, Al Salam Tecom Tower,
    Internet City, Dubai, UAE

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