Al Khan is a district in Sharjah located on the shores of Al Khan Bay. The community offers studios, 1- to 4-bedroom apartments and penthouses, overlooking the marina. Some projects combine residential and commercial space, while others consist entirely of office buildings. Offices ranging from 14 to 279 sq. m are available in the Style Tower and the Expo Building.
Apartments in new developments in the UAE can be purchased either freehold or on a long-term leasehold basis in this community. Some of the most popular developments are:
- Future Tower. The project consists of 4 buildings, each with 22 to 30 floors, with the first floors dedicated to parking. There are studios and 1- to 3-bedroom apartments.
- The complex has an indoor swimming pool and a gym.
- Maryam Island. Located in the centre of the community. Studios, 1- to 3-bedroom apartments and duplexes are available for sale.
- Asas Tower. This 44-storey complex includes a Jacuzzi, swimming pool and gymnasium. The tower offers 608 apartments with 2–3 bedrooms.
- Al Hilal Tower. A 42-storey building with 1- and 2-bedroom apartments, offices, and commercial space.
- Riviera Tower. A 30-storey residential complex with 175 1- to 3-bedroom apartments. The building includes a gym and swimming pool.
The area is one of the most popular for purchasing affordable property in Sharjah. The average cost per square metre of residential units here is $2,150 and is expected to increase by 1.82% in 2023. The average return on investment (ROI) is 4.35% per annum. Rental prices in 2023 will increase by 9.14% for studios, 16% for 1-bedroom apartments and 14.7% for 2-bedroom apartments.