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Disclaimer: All prices shown are market estimates based on published data sources. They do not represent official valuations or guaranteed transaction prices. This is not investment advice.

Price Breakdown

Buy Price (per sqm)

AED 6 500 (~€1 625) 7.0% YoY

Rent Price (per sqm/yr)

AED 520 (~€130) AED 43/sqm per month

Gross Rental Yield

8.0% Before expenses and vacancy

Estimated Prices by Property Type

Property Type Price/sqm (Buy) Price/sqm (Rent/yr)
Apartment AED 6 500
(~€1 625)
AED 520
(~€130)

Price Trend

Al Majaz Price per sqm (AED)

3 7004 6005 5006 4007 30020202021202220232024202520264 0004 3005 0005 5006 1006 5007 000

Historical estimated price trend. Not an official index. Data as of June 2026.

About Al Majaz

Located along Khalid Lagoon, Al Majaz is one of Sharjah's most desirable residential neighborhoods. Al Majaz Waterfront park offers leisure, dining, and the Sharjah Musical Fountain.

Property Types Available

  • apartment
  • studio

Amenities & Transport

  • Al Majaz Waterfront
  • Sharjah Musical Fountain
  • Al Noor Island

Ownership Status

Foreign ownership in Al Majaz may be limited to leasehold or usufruct arrangements. Check specific regulations in our United Arab Emirates foreign ownership guide for details.

Nearby Areas in Sharjah

Compare Al Majaz with other areas in Sharjah.

Area Price/sqm (Buy) Price/sqm (Rent/yr) Yield YoY vs Al Majaz
Al Majaz AED 6 500
(~€1 625)
AED 520
(~€130)
8.0% 7.0% --
Al Nahda (Sharjah) AED 5 000
(~€1 250)
AED 450
(~€113)
9.0% 5.0% -23.1%
Al Khan AED 7 000
(~€1 750)
AED 525
(~€131)
7.5% 6.0% +7.7%
Muwaileh AED 5 500
(~€1 375)
AED 468
(~€117)
8.5% 8.0% -15.4%

Data Disclaimer

Market estimates based on published data. Not investment advice.

The property prices displayed for Al Majaz are market estimates compiled from publicly available data sources. They are not official valuations, appraised values, or guaranteed transaction prices. Actual property values depend on exact location, unit condition, floor level, view, furnishing, and market timing. Always obtain a professional valuation before making a purchase decision.

Read full disclaimer →

Sources

Price estimates for Al Majaz, Sharjah are compiled from government transaction registries (where available), real estate portal asking prices, and published market reports. Data last reviewed: June 2026.

  • Government transaction data (DLD, DMT, REGA, or equivalent)
  • JLL, Knight Frank, CBRE, ValuStrat market reports
  • Real estate portal listing data (Bayut, Property Finder, and equivalents)