Canal Star Tower, Al Majaz, Al Majaz 3

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Whole Buildings for sale in Canal Star Tower

Ayoub Ahmad 

Millenium Real Estate

For Sale Luxury Residential Investment Tower in Al Qasba, Sharjah

A rare investment opportunity to own a distinguished residential tower in Al Qasba, one of the most vibrant and prestigious areas in the Emirate of Sharjah, directly overlooking Al Qasba Canal and Khalid Lagoon. The tower enjoys a strategic location that combines stunning waterfront views, high residential demand, and close proximity to all essential services and facilities, making it one of the finest income-generating real estate assets.

The tower consists of 25 floors, including 19 residential floors and 6 floors dedicated entirely to parking. It comprises a total of 127 apartments distributed as follows:

63 Two-Bedroom Apartments

51 One-Bedroom Apartments

13 Three-Bedroom Apartments with Maid's Room

The tower is fully leased to families and is distinguished by its excellent condition, high level of cleanliness, and professional management, providing stable rental income and a secure investment opportunity with strong and sustainable returns.

Located in the heart of Al Qasba, one of Sharjah's most prominent residential and tourist destinations, the tower enjoys direct views of Al Qasba Canal and Khalid Lagoon. It is also close to international restaurants, cafés, shopping centers, mosques, schools, hospitals, parks, and entertainment destinations, with easy access to Dubai through the main road network, making the area one of the most sought-after locations for both living and investment.

The tower is an ideal choice for investors seeking a ready income-generating property with immediate rental returns and strong potential for future capital appreciation due to its prime location, full occupancy and the continuously growing demand for residential units in Al Qasba.

The tower is available under the freehold ownership system for all Arab nationalities, offering investors the opportunity to own a premium real estate asset in one of Sharjah's finest investment locations while benefiting from

Canal Star Tower

Sharjah

Al Majaz

Al Majaz 3

25-story residential tower for sale in Sharjah

Ammar Habib

BEST CHOICE REAL ESTATE  L.L.C.SP

A prime investment opportunity in the heart of Sharjah – Al Qasba Canal

For sale: A luxurious residential tower in a strategic and vibrant location on Al Qasba Canal, one of Sharjah's best investment locations, offering a strong and stable annual return with potential for future growth.

Tower Details:

25-story tower

19 residential floors

6 parking floors

Tower age: 5 years

Central air conditioning

128 residential apartments

128 parking spaces

Unit Layout:

63 two-bedroom apartments

51 one-bedroom apartments

13 three-bedroom apartments

Investment Return:

Current net annual return is approximately 5.8%, with potential for future growth.

Previous returns were 4.5%.

Asking Price:

AED 82,000,000 (negotiable)

Income statement available to serious buyers only upon submission of a formal expression of interest or a deposit check, as per the terms provided.

A strong opportunity for investors seeking a stable property with excellent returns and an exceptional location close to all essential services and amenities.

Best Choice Real Estate

A complete building for sale in Al Qasba, 5 years

Whole Buildings for sale in Canal Star Tower

25-story residential tower for sale in Sharjah

Ayoub Ahmad

A complete building for sale in Al Qasba, 5 years

Ammar Habib

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Whole-buildings Available for sale in Canal Star Tower