Properties for sale in Al Azra

Since a few decades, the United Arab Emirates (UAE) has witnessed exceptional changes in terms of commercial and residential properties. The country has strived to end up one of the most visited places in the world. No wonder why UAE generates most of its revenue from the tourism department. Like other cities of UAE, Sharjah is also famous among tourists. It is best known for its educational institutes as well as being home to some of the most affordable properties in all of UAE. There are many residential and commercial areas in Sharjah which offer economical yet modern properties for sale. Al Azra is a housing area in Sharjah which offers numerous kinds of villas and plots for sale.

Types of Properties in Al Azra

Buyers get numerous options to choose from when they search for properties in Al Azra as it has many projects. Al Azra is close to Sharjah International Airport and Industrial Area of Sharjah. Few people know that Sharjah is aiming to have the largest industrial area in the United Arab Emirates. There are residential plots, villas and commercial buildings available for sale in Al Azra. Like other areas of Sharjah, Al Azra also offers many facilities and features. There are options of 3-bedroom to 7-bedroom villas here and they offer spacious bedrooms with attached washrooms, a garden, covered car parking spots, maid’s room, balcony, guest room and kitchen with fitted cabinets. The villas also have a separate space for storage and a designated laundry room. Amenities such as satellite TV, intercom and CCTV monitoring are other key features of these units. Interested buyers can also find various residential plots and commercial buildings for sale in Al Azra. Buyers can get plots and build them as per their requirement.

Sale Price Trend in Al Azra

The price of properties for sale in Al Azra is quite economical when compared to other areas of Sharjah. Prices of the villas in Al Azra may fluctuate according to the number of rooms, the exact location and size of the villa. The price trend of villas ranges from AED 1,200,000 to AED 3,200,000. A residential plot in Al Azra on average costs around AED 800,000. There are many commercial buildings in Al Azra which range from AED 35,000,000 to AED 50,000,000. The prices of commercial buildings are according to the size of plots. The option of a mortgage is also available for interested buyers. A 25% down payment has to be made with a 3.24% interest rate. The total payable amount has to be paid within 25 years.

Popular Areas of Al Azra

Al Azra is located near Al Ghafia and Al Shaab Village. All the famous restaurants, hospitals and schools are close to the area. Hot Burger, KFC, Al Barah Kitchen Al Fareej Bakery and Matam Al Kabab are some of the few eateries in Al Azra. Al Ahram Medical Center, Cosmic Hospital, Medicare Medical Center and British Medical Complex are nearby healthcare centres in Al Azra. Occupants have easy access to famous schools like Al Sedrah Nursery, ASPAM Indian International School, Miracle Child Nursery and Al Khaleej International Private School which makes this locality suitable for families with children.

Reasons for Investing in Al Azra

As 2020 is around the corner, prices of properties in the United Arab Emirates are likely to increase towards the end of 2019. Sharjah is of prime importance in terms of real estate as most people prefer living in Sharjah not only because the prices are affordable but also because it lies very close to Dubai and Ajman. Al Azra is very close to Green Belt Ladies Park. Sharjah International Airport is also 15 minutes away from Al Azra. Interested buyers can contact well-known developers like Al Mutarai Real Estate Brokers, Dar Al Ishaq Real Estate and 5 Star Real Estate.