Faradis Tower
Off-Plan

Faradis Tower

From AED 1.79M·Handover Feb 2027·20% down payment Payment
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AED 1.79M
Starting Price
Feb 2027
Handover
20% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

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.

Project Specifications
DeveloperTiger Group
LocationAl Mamzar 1
Unit Types2 BR, 3 BR, 4 BR, Apartments
AreaAl Mamzar 1
Ownershipfreehold
Est. ROIContact Astraterra for area-specific ROI guidance

Investor Return Snapshot

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.

Projected Cap Rate
4.3%
NOI AED 77,086 / year
Cash-on-Cash
2.2%
Levered cashflow AED 18,133
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 116,121 / year

Comparable Sales Context

Indicative pricing context built from current area benchmarks so buyers can anchor this launch against ready stock, premium peer launches, and trophy alternatives.

BenchmarkAED / sq ftIndicative TicketContext
Faradis Tower launch basis1,985AED 1.79MCurrent launch / asking basis
Al Mamzar 1 ready-stock comps1,500AED 1.35MIndicative resale benchmark
Al Mamzar 1 premium peer launches1,850AED 1.67MNew-launch peer set
Trophy alternative proxy2,250AED 2.02MHigher-end anchor for negotiation context

Gallery

Faradis Tower — View 2
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Faradis Tower official render 1

Faradis Tower official render 1

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Faradis Tower official render 2

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Faradis Tower official render 5

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Faradis Tower official render 9

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Faradis Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Tiger Group.

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Payment Structure

20% down payment

Flexible Payment

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Amenities & Lifestyle

Central A/C
Jogging tracks
Kids Play Area
Sauna
Shared Jacuzzi
Shared Pool
Shared gym & fitness
Walking paths

Location

Al Mamzar 1

Nearby Destinations

Dubai Mall — 20 mins
Dubai International Airport — 25 mins
Downtown Dubai — 15 mins
Sheikh Zayed Road — 10 mins
Al Mamzar 1Al Mamzar 1Dubai, UAE

Developer Track Record

01

Faradis Tower by Tiger Group

02

Located in Al Mamzar 1

03

Starting from AED 1,786,472

04

Unit mix includes 2 BR, 3 BR, 4 BR, Apartments

05

Expected handover: Feb 2027

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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