Al Majaz: A Wonderful Community To Live In

Al Majaz

Looking for a wonderful community to live in or invest in in Sharjah? Al Majaz might be the right region for you. It is located along the Buhaira Corniche. Al Majaz offers scenic views, quite a few different rental alternatives, and a busy neighborhood.

Al Majaz is a busy region that spreads over 231,000 square fingers along the charming  Khaled Lagoon. 

It is one of the top circuits of pleasant areas in Sharjah. It is known for its beautiful waterfront views and numerous outdoor sports. This article will guide you through everything you need to understand about Al Majaz. 

Al Majaz

Al Majaz offers a wide range of residential options, from studios to 4-bedroom apartments. Studio apartments typically have one bathroom and spacious floor plans. One-bedroom units usually come with two bathrooms and range from 700 to 1,000 square feet. 

Two-bedroom apartments feature two to four bathrooms, while three-bedroom units have three to four bathrooms and range from 1,700 to 2,700 square feet. The largest units, 4-bedroom apartments, come with five to six bathrooms and range from 2,500 to 4,500 square feet. Commercial properties include shops, offices, and showrooms.

Renting an apartment in Al Majaz is relatively affordable. Studio apartments can be rented for AED 17,000 to AED 28,000 per year. One-bedroom apartments range from AED 27,000 to AED 55,000 per year, and two-bedroom units from AED 23,000 to AED 96,000 per year. 

Three-bedroom apartments have rental prices between AED 27,000 and AED 145,000 per year. Four-bedroom units range from AED 67,000 to AED 150,000 per year. The area also offers penthouses, with four-bedroom units renting for AED 88,000 to AED 150,000 annually and five-bedroom units for AED 95,000 to AED 142,000 per year.

For those interested in buying, studio apartments in Al Majaz are priced between AED 230,000 and AED 250,000. One-bedroom units range from AED 330,000 to AED 950,000. Two-bedroom apartments are available for AED 260,000 to AED 1.32 million.

Three-bedroom units cost between AED 550,000 and AED 2.95 million, while four-bedroom apartments range from AED 1.1 million to AED 3.5 million. The area also offers penthouses, with prices for four-bedroom units ranging from AED 1.6 million to AED 2.2 million.

Investors can expect good returns in this community. Studio apartments offer the highest ROI at 7.99%, while two-bedroom units provide an ROI of 6.08%. Three-bedroom apartments yield an ROI of 5.77%, and four-bedroom units offer an ROI of 5.69%. One-bedroom apartments have the lowest ROI at 4.37%.

Al Majaz

Popular Areas 

This community is subdivided into three districts: Al Majaz 1, Al Majaz 2, and Al Majaz 3. Al Majaz 3 is the most popular area for both renting and investing, with rental prices ranging from AED 27,000 to AED 150,000 per year and sale prices from AED 340,000 to AED 3.5 million. 

Al Majaz 2 is also highly sought after, with rental prices from AED 23,000 to AED 97,000 per year and sale prices between AED 230,000 and AED 1.1 million. Al Majaz 1 is the third most popular sub-community.

Also Read: Al Qurm Compound: A Quiet Residential Spot In Abu Dhabi

Transportation And Parking

Parking is generally available, but it can be challenging during weekends due to the area’s popularity. Residents have reserved parking spaces in residential towers, while visitors can use paid parking spaces nearby. Public transportation options include taxis and buses.

The nearest bus stop is in Al Jubail, from where several buses connect to other parts of Sharjah and Dubai.

Amenities 

Al Majaz offers a variety of amenities, making it a convenient place to live. There are numerous supermarkets, including Lulu Hypermarket, Al Fayes Supermarket, and Metro Manila Supermarket. 

The area is also home to several mosques, such as Al Ansar Mosque and Abdullah Ibn Abbas Mosque. For educational needs, there are many nurseries and schools, including Five Kids Nursery and Progressive English School. Higher education institutions like the American University of Sharjah are also nearby.

Al Majaz Waterfront is a popular tourist destination, and several hotels are located within the community. Notable options include the Copthorne Hotel Sharjah, Corniche Hotel Sharjah, and Golden Tulip Sharjah. These hotels offer a range of amenities, including spacious rooms, swimming pools, gyms, and dining facilities.

Healthcare facilities are readily available in this community. Sharjah Corniche Hospital provides medical and surgical services, while Medcare Hospital is located nearby in Abu Shagara. Oriana Hospital in Al Majaz 2 offers gynecology and fertility services.

Nearby Areas

Al Majaz is conveniently located near several other communities. It is close to Al Khan and Al Taawun, and the Al Mamzar areas in both Dubai and Sharjah are just a short drive away. This proximity allows residents to enjoy the beaches and other attractions in these areas.

Al Majaz

Beaches And Leisure Activities

The famous Mamzar Beach is just 10 minutes away from this community, providing a great spot for family outings. Al Khan Beach is also nearby, offering various water sports and a lively atmosphere.

Al Majaz itself is a waterfront community with plenty of recreational activities, including parks, a golf course, and walking trails. The Al Majaz Waterfront Park is a notable landmark, offering facilities like a splash pad, golf course, and dining options. 

Conclusion

Al Majaz is a dynamic and highly sought-after area in Sharjah, known for its stunning waterfront views, vibrant community life, and array of amenities. 

Whether you are looking to rent or buy, Al Majaz offers a variety of residential and commercial properties that cater to different needs and budgets. 

The community’s strategic location, along with its rich cultural and recreational offerings, makes it an ideal place for families, young professionals, and investors. 

With its promising return on investment and continuous development, Al Majaz stands out as a premier destination in Sharjah’s real estate market.

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