Al Majaz Skyline
SHARJAH'S CORNICHE LIVING Sharjah Freehold for Arab Nationalities / 100-Year Usufruct for Expatriates AI Grade: A-

Al Majaz المجاز

Al Majaz is Sharjah's most vibrant waterfront neighborhood, built around the picturesque Khalid Lagoon. Covering three distinct zones (Al Majaz 1, 2, and 3), it features the famous Al Majaz Waterfront park, dancing musical fountains, upscale family dining, and panoramic skyline vistas over the lagoon.

8.8%
Gross Rental Yield
Net: ~7.6% ROI
650
Avg. Price / Sq.Ft
+9.8% YoY
AED 3.20 Billion
12M Transaction Value
3,100 verified sales
+22.4%
3-Year Capital Growth
5-Year: +36.8%
9.2%
Holiday Home Yield
Occupancy: 97.8%
+6.2%
12M AI Forecast
Liquidity: High
Macro Economic Evaluation
Source: DLD & DataHabibi Intelligence

Community Investment Thesis

Exceptional gross rental yields of 8.5% to 9.5% driven by high residential density and spillover demand from working professionals seeking spacious family apartments within easy reach of Dubai.

Transactional Structure & Market Velocity

Primary vs Secondary Split
18.0% Off-Plan / 82.0% Ready
Financing Method Split
52.0% Cash / 48.0% Mortgage
Average Service Charges
6.5 / sq.ft / year
12M Rental Growth
+11.2% Annual Surge

Multi-Year Capital Appreciation Breakdown

QoQ Growth
+2.1%
1-Year YoY
+9.8%
3-Year Index
+22.4%
5-Year Index
+36.8%
Property Valuation Tables

Pricing & Rental Ranges by Layout

Layout Type Sale Price Range (AED) Annual Rent Range (AED) Est. Gross ROI
Studio Apartment 0.28M - 0.42M 24K - 38K /yr 8.8%
1 Bedroom Apartment 0.42M - 0.68M 36K - 58K /yr 8.7%
2 Bedroom Apartment 0.62M - 1.10M 52K - 92K /yr 8.6%
3 Bedroom Apartment 0.89M - 1.85M 78K - 140K /yr 7.8%
Lifestyle & Attractions

Places to Visit, Dining & Recreation

Leisure Park
Al Majaz Waterfront
231,000 sqft park with musical water fountain, mini-golf, and dining.
Nature & Art
Al Noor Island
Architectural butterfly house, art sculptures, and literary pavilion across wooden bridge.

Curated Dining & Culinary Highlights

Shakespeare and Co. Al Majaz
Al Fanar Traditional Emirati Dining
Levantine and international waterfront dining along the corniche
Regional Mobility & Transit

Connectivity & Driving Times

Sharjah Airport
15 Mins Drive
Dubai Int'l Airport (DXB)
18 Mins Drive
Downtown Dubai
28 Mins Drive
Nearest Public Transit:
Connected via RTA intercity buses to Stadium and Union Metro stations in Dubai
Arterial Highway Access:
Corniche Street, Al Wahda Street (E11), King Faisal Street
Family Infrastructure

Top Schools & Medical Institutions

Top Nearby Schools

Sharjah English School
Curriculum: British • 12 min drive • Rating: Outstanding

Hospitals & Medical Centers

Corniche Hospital Sharjah
Community Hospital • 4 min drive
Transparent Investor Intelligence

Key Advantages & Considerations

Primary Investment Drivers

  • + High cash yields and negligible vacancy rate in family apartments
  • + Stunning Khalid Lagoon waterfront and walking corniche
  • + Low service charges keeping net investor returns high

Important Considerations

  • • Traffic bottlenecks entering Dubai along the E11 corridor during morning hours
Direct Developer Allocations

New Launches in Al Majaz

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