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Own your unit in Sharjah and get an investment return of 10%

AED314,000
Sharjah University City, Sharjah
1 Bed
1 Bath
314 sqft

Overview

  • TypeApartment
  • PriceAED   314,000
  • Bedroom(s)1
  • Bath(s)1
  • Area314 sqft
  • PurposeFor Sale
  • LocationSharjah University City, Sharjah
  • Ref. No:Bayut - 961-Ap-S-0009

Description

10 modern buildings with a total capacity of 2,600 beds
The real estate developer offers a unique investment opportunity that has been very successful in many international markets
Nestl investors will have a 10% annual guaranteed return on investment for 5 years. MENAR recently offered a new investment opportunity in the Gulf region through the launch of the Nest, one of the most exclusive residential complexes for students in the UAE. The new complex is located at the heart of Al Jadah Project, the largest mixed-use project in Sharjah's history. This ambitious move will allow real estate investors to purchase properties in the first and only student accommodation complex in the GCC, where the market has been successful in many traditional markets such as the United States and the European market. The Nest complex is within 10 minutes Walking distance from one of the largest growing academic centers in the Middle East, the University City of Sharjah, offers unparalleled services and facilities within a state-of-the-art site designed for the smart infrastructure of smart cities, The concept of student housing at the level of the entire region.
The huge complex covers an area of more than 35,000 square meters on the outskirts of the university city of the Avenue project, and includes a total of 10 buildings with five floors each. It features modern design with many interior courtyards and spaces for students and residents. Each building has several options, including two, four or five-bedroom studios, as well as shared dormitories with eight people each, as well as laundry rooms, TV and study rooms. Different parts of the compound have been allocated for males and for females to ensure comfort and privacy for all residents.
The facilities of the new complex include a technical studio, a music hall, a library, a playground dedicated to running around the complex, a theater and a main dining hall. Residents will also have access to a range of separate male and female facilities including swimming pools, fitness centers and study rooms. He also wanted to provide Nestl residents with part-time jobs in a range of retail outlets and food and beverage outlets. Both within the complex and the Avenue project. Nest has a total of 1288 housing units for 2600 residents and residents. All units will be delivered with full furniture to be ready for immediate rental. "The UAE is looking at education as a cornerstone of the pillars," said Shaikh Sultan bin Ahmed Al Qasimi, Chairman of Mirdan's Board of Directors. And we are proud to further this trend through the launch of Nest, one of the first residential student communities in the region, and we are keen to provide modern facilities and provide our students with an unparalleled living experience in the Middle East. With our concern to provide maximum safety and security for residents and facilities alike. "
"Student residences remain a fully utilized investment segment in the Gulf region and we are delighted to be the first developer to introduce such a project in the Emirate of Sharjah. We are confident that student housing will add a great diversity to real estate investment portfolios. And we expect that the guaranteed investment returns we give to NEST will increase the appetite of ambitious investors from around the world. "Through the Nest, the first of its kind in Sharjah, Despite attracting many investments in other global markets. Buyers at NST will receive a 10% annual guaranteed return on investment for a period of five years after the project is delivered and planned by the end of 2021. The Nest community will benefit from the strategic location of the University near the University City, which includes two of the region's leading academic institutions; And the American University of Sharjah, which accommodates 20,000 students and eight colleges and other educational institutions within the campus of the university campus. Sharjah is known as an advanced international educational center, and is attended by many students from the Middle East and beyond. Foreign students at the American University alone represent about 80% of the number of students. The University has a distinguished reputation according to the QS in 2018 due to its unique diversity of students worldwide. In the United Kingdom. Nest will serve more than 60,000 students in the Emirate of Dubai close to the project, it is only 20 minutes drive from Dubai International Academic City, the largest free zone of higher education in the world, with 27500 students enrolled in its universities during this Academic Year alone. This, His Highness has revealed Dr. Sultan bin Mohammed Al Qasimi, Member of the Supreme Council and Ruler of Sharjah, unveiled the project during a special ceremony held in September 2017. With a total value of AED 24 billion, the Boulevard will contribute to a brighter future at the emirate level. The boulevard is strategically located on the last major piece of land not built in the heart of Sharjah,

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Mortgage

Calculate and view the monthly mortgage on this apartment

Total Price
AED
Loan Period
Years
Down Payment
AED
25%
Interest Rate
%
AED
1,146
per month
TOTAL LOAN AMOUNTAED343,916
Payment Breakdown
InterestPrincipal

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