il teatro Residences

By ARADA Developer

From AED987,000

Property Type:	Unit type:	Size:	% Down	Payment Plan:	Handover:
Apartment	Not available	Not available	10%	35/65	Dec - 2024

Overview

Perfectly designed to complement the neighboring Il Teatro, il teatro Residences stands as a flagship development by Arada. Here, you are presented with an opportunity to select from a refined collection of 1-3 bedroom apartments and lofts.

il teatro Residences is a premium development by Arada, located in Aljada, adjacent to the iconic cultural landmark, il teatro. This elite complex offers a collection of lofts and 1-3 bedroom apartments ranging in size from 736 sq. ft to 3,671 sq. ft.

The loft apartments feature double-height walls, steel bridges, and open-plan kitchens with central islands. Each unit is equipped with a cooking range, hood, washing machine, and dryer as standard fittings. Residents will also benefit from a dressing area in all units.

Residents of il teatro Residences get exclusive access to a rooftop infinity pool and a health club. The complex also features a green spine leading to il teatro, retail and F&B options on the ground floor, a fitness center, a family pool, and a children’s play area.

For convenience, the complex offers in-room dining, laundry services, hotel valet services, and a 24-hour concierge.

Strategically positioned next to Sheikh Mohammed Bin Zayed Road, il teatro Residences provides excellent connectivity across the emirate. The location is a mere 15-minute drive from Sharjah International Airport.

Close proximity to educational institutions like SABIS International School – Aljada, American University of Sharjah, and Sharjah Education Academy offers exceptional learning opportunities. The SEHA Field Hospital Sharjah is also nearby, ensuring easy access to healthcare.

Al Zahia City Center, with its variety of shops, restaurants, and entertainment options including VOX Cinemas and Magic Planet, is just a short distance away.

Investing in il teatro Residences, starting at AED 2M (USD 545K), not only provides a luxurious living space but also eligibility for a 10-year Golden Visa for investors, their families, and domestic staff, enhancing the investment value.

With an average ROI of 6% and starting rental prices for 1-bedroom units at AED 28K (USD 8K) as of Q2 2024, il teatro Residences stands out as an attractive project for generating passive income through property rentals.