Il Teatro Residences 1, 2
Project Overview
Il Teatro Residences 1, 2 is a stylish residential project from the developer Arada Properties, which is part of the Aljada community in Sharjah. Each residence has a view on the one of the main area attractions — the theater, designed by the famous Japanese architect Tadao Ando, and a multi-level pedestrian area. The complex consists of two identical mid-rise buildings. Each building has a basement level with parking spaces, a ground floor, seven residential floors, a roof with a infinity pool and a relaxation area. Apartments with 2 to 3 bedrooms and lofts with 2 or 3 bedrooms are available for purchase. The interior design uses bright colors and high-quality finishes. The complex's amenities include a gym, a health club and a landscaped park with recreational areas and a green corridor leading to the theater. All apartments are equipped with a smart home system, as well as concierge services, 24-hour security and laundry. There are exhibition halls, shops and supermarkets, cafes and restaurants within walking distance. The unique location of the complex Il Teatro Residences 1, 2 allow you to reach the City Center Al Zahia in just 2 minutes away. University City and Madar are a 5-minute away, Sharjah International Airport can be reached in 10 minutes, and Dubai International Airport and Downtown Dubai can be reached in about 25 minutes.
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.
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.
Request a verified price comparisonGallery
Astraterra Properties
Official Documents
Download official marketing materials from Arada Properties.
Payment Structure
Published payment summary
Request the current developer schedule for booking, construction, handover and any post-handover instalments. Terms and availability must be confirmed.
Need a detailed payment schedule?
Our advisors provide full milestone breakdowns at no cost.
Amenities & Lifestyle
Location
Muwaileh Commercial
Nearby Destinations
Developer and Project Facts
Il Teatro Residences 1, 2 by Arada Properties
Located in Muwaileh Commercial
Starting from AED 2,375,000
Unit mix includes 1 BR, 2 BR, Apartments
Expected handover: May 2026
Official brochure and PDF marketing materials available
Official render/gallery images available
Available for Resale
Ready-to-move units · Direct from owner · Verified by Astraterra
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
Explore Similar Projects
Other projects in this area, ordered by proximity to the starting price. Availability must be confirmed.