Most popular areas for renting apartments in the waterfront community of Al Majaz
Al Majaz is a vibrant and buzzing waterfront community in Sharjah that is built over Khalid Lagoon along Buhaira Corniche. If you are planning to move in this area, check out this guide about renting in Al Majaz. Al Majaz is also consistently rated as one of the best areas to rent apartments in Sharjah, and made it to the top of the list of most popular neighbourhoods is the Sharjah Market Report for H1 2020. It consists of many apartment complexes providing excellent amenities. Without further ado, let’s have a look at the Al Majaz property price trends.
Why Rent in Al Majaz
Al Majaz spans over an area of 231,000 sq. ft. and is divided into three main subcommunities, namely Al Majaz 1, Al Majaz 2 and Al Majaz 3. The apartments in Al Majaz are considered one of the sought after properties for both rent and sale. The buildings in Al Majaz consist of studios to 5-bedrooms units. The apartments come with high-quality facilities and amenities.
Al Majaz offers a waterfront lifestyle with scenic views and a serene environment to all its residents. You can also find a wide range of outdoor activities and leisure destinations nearby, which adds to the appeal of the apartment complexes in the community.
It is also home to many different supermarkets, hospitals, clinics, parks and much more, which ensures that you don’t have to travel far for anything. The Al Majaz Waterfront Park is a popular attraction in the community. City Centre Sharjah, one of the best malls in Sharjah, is around 9 minutes away from Al Majaz.
Let’s move on to the apartment rent trends in Al Majaz.
APARTMENTS FOR RENT IN AL MAJAZ, SHARJAH
The community is mostly known for its apartment buildings, but you will also find a few villas, as well as some penthouses. The apartments in Al Majaz have modern lobbies, parking spaces, elevators and various other facilities.
The average rent for studio apartments in Al Majaz is extremely competitive at AED 17k per year. They are fairly spacious and range from 450 sq. ft. to 650 sq. ft in size. You can also find a 1 BHK for rent in Al Majaz, Sharjah for as low as AED 25k to AED 27k annually.
If you are interested in larger units, there are 2-bedroom apartments in Al Majaz that you can rent for AED 34k to AED 38k per year. You can also check out 3-bedroom rental apartments in Al Majaz, which are rented out for AED 46k to AED 57k per year.
The average rent for 4-bedroom apartments is AED 96k per year and 5-bed flats are also available for an average of AED 97k per year.
Let’s have a look at the subcommunities to get a better idea of renting in Al Majaz.
Subcommunity | Studio | 1-Bed | 2-Bed | 3-Bed | 4-Bed |
|---|---|---|---|---|---|
Subcommunity Al Majaz 1 | Studio – | 1-Bed AED 26,000 | 2-Bed AED 34,000 | 3-Bed AED 53,000 | 4-Bed 101,000 |
Subcommunity Al Majaz 2 | Studio AED 17,000 | 1-Bed AED 25,000 | 2-Bed AED 35,000 | 3-Bed AED 46,000 | 4-Bed 92,000 |
Subcommunity Al Majaz 3 | Studio AED 17,000 | 1-Bed AED 27,000 | 2-Bed AED 38,000 | 3-Bed AED 57,000 | 4-Bed – |
AL MAJAZ 1
Al Majaz 1 is located in the east end of the community, beside Khalid Lake. It also houses the Al Noor Mosque and borders Al Nud and Abu Shagara. You can expect to pay anywhere from AED 26k to AED 101k yearly for getting a flat for rent in Al Majaz 1, for sizes ranging from 680 sq. ft. and 3,720 sq. ft.
AL MAJAZ 2
Al Majaz 2 is located to the south of the community and occupies the largest area in the waterfront community. It is also the most popular sub-community in Al Majaz, largely because it houses many waterfront properties, water parks and many other leisure destinations. It shares access to Al Wahda Street (E11) with Industrial Area 1.
The apartments for rent in Al Majaz 2 cost anywhere from AED 17k to AED 46k annually, depending on the number of rooms. These flats cover an area ranging from 460 sq. ft. to 2,800 sq. ft.
AL MAJAZ 3
Al Majaz 3 lies between Al Majaz 1 and Al Majaz 2 and covers the western bank of the Khalid Lake. The rent for apartments in Al Majaz 3 ranges from AED 17k to AED 97k per year, with some units spread over massive areas of over 5,000 sq.ft!
If you are planning to move to this popular community in Sharjah or have friends moving here, make sure to look at these rental trends in Al Majaz, Sharjah. This will help you make a more informed decision about renting in Al Majaz. Additionally, it would also be a good idea to read about the pros and cons of living in Al Majaz to know what to expect from this waterfront area.
