DISTRICT 11 — project image
Off-Plan

DISTRICT 11

From AED 2.13M·Handover Nov 2029·10% down payment Payment
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AED 2.13M
Starting Price
Nov 2029
Handover
10% down payment
Payment Plan
Office · Commerce
Type

Project Overview

DISTRICT 11 is a modern business center by developer Al Marwan Developments, comprising eleven uniquely designed buildings in one of the most progressive areas of central Sharjah. The project was developed using artificial intelligence — the first such solution in the UAE. The buildings include three basement levels, a ground floor, and nine office floors. The project represents a carefully planned mixed-use space that will evolve to enhance its value, functionality, and integration with the surrounding environment. Each building boasts a distinctive architectural style, shaping the district’s unique character and encouraging exploration through diverse routes. A central canyon, hidden courtyards, and lively walkways create an atmosphere of discovery. The luxurious office interiors feature modern, refined finishes and sleek high-tech details. Along the pathways, cafés, restaurants, and coworking spaces encourage interaction and community growth. Its convenient location ensures quick access to City Center, Al Zahia, Arada Central Business District, Sharjah American University City, and Sharjah International Airport — all within a 15–20 minute drive.

Project Specifications
DeveloperAl Marwan Developments
LocationMuwaileh Commercial
Unit TypesOffice, Commerce
AreaMuwaileh Commercial
Ownershipfreehold
Rental analysisSee scenario below

Illustrative Rental Scenario

Hypothetical completed-property scenario, not a forecast, valuation or financing offer: 6.5% gross rental yield, 6% acquisition-cost allowance, 60/40 debt/equity, 5.5% interest-only debt cost, 4% vacancy, 5% management, 1.2% service charge proxy and 0.4% maintenance. Service charge and maintenance are percentages of the purchase price; vacancy and management are percentages of gross rent. Rental income assumes the property is completed and let. Construction delays, price changes, sale proceeds and loan principal repayment are excluded. Confirm project-specific rents, costs and financing before relying on a scenario. For a live bespoke model, use our financial analysis calculator.

Scenario Cap Rate
4.3%
NOI AED 91,849 / year
Cash-on-Cash
2.2%
Levered cashflow AED 21,605
Simple Equity Payback
45.3 yrs
Equity incl. assumed costs AED 979,156 / annual levered cash flow. Excludes time before letting.

Pricing and Area Research

Starting prices are project indications, not confirmed unit offers. Ask for current availability, a unit-specific price and size, service charges and dated comparable transactions before deciding.

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Gallery

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Astraterra Properties

Official Documents

Download official marketing materials from Al Marwan Developments.

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Payment Structure

10% down payment

Published payment summary

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Amenities & Lifestyle

Conference room
Covered Parking
Coworking zone
Dining outlets (coffee houses & restaurants)
Leisure areas
Lift
Lobby
Lounge
Meeting Room
Parking
Private Lounge
Resting Areas
Retail outlets
Security and CCTV
Sitting Area
Social zone
Walking paths

Location

Muwaileh Commercial

Nearby Destinations

Muwaileh Commercial

Developer and Project Facts

01

DISTRICT 11 by Al Marwan Developments

02

Located in Muwaileh Commercial

03

Starting from AED 2,128,600

04

Unit mix includes Office, Commerce

05

Expected handover: Nov 2029

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae

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