
Faradis Tower - a luxury project by Tiger, located on the Gulf Coast on the Al Mamzar Peninsula in Sharjah. The complex consists of a ground level, 5 podium floors and 50 residential floors and has a unique mesmerising design. The wavy shape of the tower has been carefully designed to convey an atmosphere of luxury blended with its surroundings. Every element is made of the finest materials to give the best positive emotions. There are 1-4 bedroom apartments and commercial spaces for sale. The interior elements attract attention and create an effect of grandeur, as they are designed in calm neutral colours that blend well with the relaxed atmosphere of the premises. Each residence offers scenic views of the bay and Dubai's famous skyline. The tower is equipped with a delightful array of amenities that add just an extra touch of comfort and luxury to its virtues. Residents are presented with a safe children's playground, a gym, a large outdoor swimming pool and jogging and walking paths. Faradis Tower is uniquely positioned to provide residents with quick access to the city's main attractions. Al Khan Beach is just 2 minutes away and Expo Centre Sharjah is 4 minutes away. City Centre Sharjah and Al Qasba Canal Sharjah can be reached in approximately 10 minutes, while the Sharjah Aquarium is approximately 15 minutes away.
Base-case underwriting using Astraterra's current Dubai assumptions: 60/40 debt/equity, 5.5% debt cost, 4% vacancy, 5% management, 1.2% service charge proxy, and 10% annual appreciation. For a live bespoke model, use our financial analysis calculator.
Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.
| Benchmark | AED / sq ft | Indicative Ticket | Context |
|---|---|---|---|
| Faradis Tower launch basis | 1,985 | AED 1.79M | Current launch / asking basis |
| Al Mamzar 1 ready-stock comps | 1,500 | AED 1.35M | Indicative resale benchmark |
| Al Mamzar 1 premium peer launches | 1,850 | AED 1.67M | New-launch peer set |
| Trophy alternative proxy | 2,250 | AED 2.02M | Higher-end anchor for negotiation context |














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Astraterra Properties
Download official marketing materials from Tiger Group.
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Al Mamzar 1
Faradis Tower by Tiger Group
Located in Al Mamzar 1
Starting from AED 1,786,472
Unit mix includes 2 BR, 3 BR, 4 BR, Apartments
Expected handover: Feb 2027
Official brochure and PDF marketing materials available
Official render/gallery images available
Limited units available · Direct developer pricing · Serious buyer routing
Share your capital range, preferred area or unit type, reservation timeline, and whether you want branded-residence or trophy-level stock. We use that to filter inventory before sending options.
Astraterra Properties · RERA BRN: 54738 · info@astraterra.ae
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