The Nest
The Nest community features 12 buildings, all of which are carefully designed to pay close attention to outdoor spaces. Shaped to provide plenty of shade and channel wind movement during the summer months, the complex includes internal courtyards and spaces that provide meeting places for residents.
LOCATION
Located within Aljada, a contemporary lifestyle community in the heart of Sharjah, Nest is an integrated complex of student accommodation buildings located 10 minutes’ walk away from University City. The Nest site is also 20 minutes’ drive from Dubai International Academic City, the largest higher-education free zone in the world.
10% guaranteed annualised return on investment for 10 years!
- A rare opportunity to invest early into a new segment that has seen stable and strong returns in other parts of the world
- Unrivalled design and facilities in local market
- All units delivered fully furnished
- All units managed by a professional agency y No UAE residency required to invest
- Properties available on either a freehold or 100-year leasehold basis
- Part-time employment opportunities in local retail and F&B outlets will be made available to Nest residents.
- Nest residents will benefit from free public transport to and from University City
Tenants within the complex benefit not only from incredible amenities, including lush green spaces, a central dining hall, library, swimming pools, gyms and other sports facilities, but also from the rest of the groundbreaking Aljada master plan as well.
Based onsite, Nest’s professional onsite management team provides administrative oversight of the community, ensuring the safety of residents and security of the facilities.
POSITIVES:
- Citizens from any other country are entitled to buy property on a 100-year leasehold basis, and there is no requirement to hold a UAE residency visa.
- Investors in Nest will be able to sell their unit(s) at any time after the property has been handed over.
- A guaranteed yield over a five year period.
- Nest community is scheduled for completion by the end of 2021.
- All units will be delivered furnished to facilitate immediate leasing.
- The apartments will be let out immediately after completion, and the assured yield from the property will accrue from the start of the lease date and be paid quarterly in arrears.
PRICES:
No. of Bedrooms |
Apartment Type |
Area (sqft) |
List Price AED |
Promoted Price AED |
1 BED |
1 BED-TYPE B |
349.00 |
349,000 |
349,000
|
2 BEDs |
2 BEDS-TYPE F-1 |
364.00 |
364,000 |
364,000
|
3 BEDs |
3 BEDS-TYPE G |
405.00 |
485,000 |
485,000
|
4 BEDs |
4 BEDS-TYPE C |
1,262.00 |
1,072,700 |
1,009,600
|
6 BEDs |
6 BEDS-TYPE B-1 |
1,610.00 |
1,368,500 |
1,288,000
|
ALJADA AREA OF SHARJAH
Recently named as one of the top ten Global Cities of the Future, Sharjah is a thriving centre for business that has one of the most diversified economies in the Middle East. Steeped in history and heritage, the emirate is seeing unrivalled growth in tourist numbers as visitors and their families flock to one of the most welcoming and diverse cities in the Middle East. The only emirate to have borders with all six of its brother emirates, Sharjah’s landscapes range from rocky mountains to dune-filled deserts, and from idyllic beaches to its bustling urban hub.
Ideally located in the heart of the city, Aljada is spread over 2.2 million square metres, with exceptional connectivity to surrounding areas and the other emirates. With a masterplan that draws inspiration from some of Sharjah’s oldest heritage districts, Aljada is designed to provide you with a stress-free yet active lifestyle. A destination where engaging design meets contemporary elegance, Aljada allows you to be all that you can be.
The UAE’s newest and most exciting leisure and entertainment destination, the Central Hub will be the heart of Aljada. Designed by Zaha Hadid Architects, the beating heart of Aljada is a futuristic complex over 25 football fields in size.
Mixing lush green spaces with a list of attractions to excite everyone from toddlers to grandparents, the Central Hub’s extensive retail and dining portfolio will also bring a host of big-name brands to the region for the first time. Among the Central Hub’s attractions are: an extreme sports center; the largest children’s edutainment centre in the Northern Emirates, featuring a virtual reality zone, science museum and driving school; an 11-screen cinema and a giant adventure golf course.
The Central Hub’s incredible design also includes a large community park, filled with lush trees and plants that are naturally found in the UAE, as well as a signature tower, significant retail and a host of other sports activities. It will also include a public square for large community gatherings, featuring dancing fountains and dining outlets and cafes. With construction already under way, the Central Hub’s amazing facilities will be ready to welcome residents from the first day they move into Aljada.