Joud Tower
Off-Plan

Joud Tower

From AED 1.57M·Handover Dec 2028·10% down payment Payment
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AED 1.57M
Starting Price
Dec 2028
Handover
10% down payment
Payment Plan
2 BR · 3 BR
Type

Project Overview

Joud Tower is an exclusive residential complex by Albatha Real Estate, offering breathtaking views of the city skyline and coastline, providing residents with a private retreat while being at the heart of Sharjah's vibrant life. The building features an impressive architectural design, including a basement level, a ground floor, six podium levels, fourty-eight residential floors, and a rooftop. The architectural style combines elegance and functionality, offering residents spacious interiors, premium finishes, and stunning views of the surrounding cityscape. The project offers various types of residences, including apartments with two, three, and four bedrooms, as well as four-bedroom duplexes and five-bedroom penthouses. The interiors reflect modern sophistication, with stylish kitchens, spacious living areas, and bedrooms flooded with natural light. The use of high-quality materials and finishes ensures that every detail contributes to a comfortable and luxurious atmosphere. The complex offers a wide range of amenities, including a gym, swimming pools for adults and children, a café, a padel court, jogging tracks, and a children’s play area. Joud Tower boasts a convenient location. The Sharjah Chamber of Commerce and Industry and Sharjah Expo Centre are within walking distance. By car, residents can easily reach Burj Khalifa and Dubai International Airport.

Project Specifications
DeveloperAlbatha Real Estate
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 67,616 / year
Cash-on-Cash
2.2%
Levered cashflow AED 15,905
Base-Case IRR
12.8%
5-year hold, levered
Payback Period
18.4 yrs
Gross rent AED 101,855 / 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
Joud Tower launch basis1,741AED 1.57MCurrent 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

Joud Tower — View 2
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Joud Tower official render 1

Joud Tower official render 1

Joud Tower official render 2

Joud Tower official render 2

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Joud Tower official render 3

Joud Tower official render 4

Joud Tower official render 4

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Joud Tower official render 5

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Joud Tower official render 7

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Joud Tower official render 9

Joud Tower official render 9

Joud Tower official render 10

Joud Tower official render 10

Astraterra Properties

Official Documents

Download official marketing materials from Albatha Real Estate.

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Payment Structure

10% down payment

Flexible Payment

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Amenities & Lifestyle

Adults Pool
Children’s pool
Concierge Service
Covered Parking
Dining outlets (coffee houses & restaurants)
Indoor Multipurpose Space
Jogging tracks
Kids Play Area
Landscape Open Areas
Lift
Lobby
Paddle court
Pool Deck
Prayer room
Private pool
Recreational areas
Retail outlets
Sauna
Shared gym & fitness
Sleep Over Snug (Nursery)
Smart home
Steam
Terrace Garden

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

Joud Tower by Albatha Real Estate

02

Located in Al Mamzar 1

03

Starting from AED 1,567,000

04

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

05

Expected handover: Dec 2028

06

Official brochure and PDF marketing materials available

07

Official render/gallery images available

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