VIDA Residences Aljada is located in Aljada, where a premium business district, parks and hotels will also be developed. Once completed, over 70,000 people including residents, workers and tourists will live in the area. For an easy travel commute, Sheikh Mohammed bin Zayed Road can be accessed from Aljada.
In 2020 a family destination called Madar was opened in Aljada. The area includes a children’s playground with climbing walls and activity nets, YourSpace where exhibitions and markets take place, a skate park, an amphitheatre and restaurants & cafes. For those looking to shop, Safari Mall Sharjah is located a 10-minute drive away. The nearest and most well-known Al Mamzar Beach and Al Khan Beach are within a 30-minute drive from the development.
Those looking for a unit as an investment are advised to choose smaller units as 1-bedroom apartments are always in demand for both singles and couples. These types of units in this type of community can be rented out fast. Moreover, the rental yield from these units is usually higher than those of bigger apartments.
Aljada is a developing area as its construction only began in 2018, yet the first units have already been handed over. That means that the rental yield will begin to increase as the area populates. For now, ROI starts from 6% in Sharjah. A 1-bedroom unfurnished apartment in Aljada can be rented out for AED 23,000 per year.
