Sokoon 5
Aljada , Sharjah
AED 836,000
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AED 836,000
Free Residency Visa
Construction Progress52%
Description
Sokoon 5 by Arada Developer will be a new addition to residential projects in Aljada, Sharjah. This low-rise building will feature 1, 2 and 3-bedroom premium apartments. Residential units include a guest bathroom, a balcony, built-in wardrobes, kitchen cabinets and access control system.
These smart homes will also have a cooking range, a washing machine, a hood and a drier for residents' convenience. Other key attractions in this project are a health club and swimming pools for adults and children. The houses in Sokoon 5 will overlook open green spaces, offering direct access to a courtyard and a landscaped linear park that will run through the community.
Amenities & Features
Parking Spaces
Swimming Pool
Kids Play Area
Lawn or Garden
Cafeteria or Canteen
Payment Plan
5%
Down Payment
40%
During Construction
55%
On Handover
Property Details
CompletionOff-Plan -
Q4 2024
Parking1 space
CitySharjah
FurnishedUnfurnished
Investment Analysis
Acquisition Costs
Property PriceAED 836,000
DLD Fee (4%)AED 33,440
Trustee FeeAED 4,200
Agency (2%)AED 16,720
Total
InvestmentAED 890,360
Expected Annual Returns
Expected Annual RentAED 59,356
Service Charges (Est)-AED 10,260
Net Annual
IncomeAED 49,096
Net Annual ROI5.5% (after expenses)
Payback Period18.1 years
How We Calculate These Numbers
The figures above are based on standard Dubai acquisition and income assumptions so you can compare properties consistently.
- Total Investment = Property price + DLD fee (4%) + Trustee/registration fee + Agency (2% if applicable).
- Net annual income = Expected annual rent − estimated service charges (e.g. based on AED per sqft).
- Net ROI = (Net annual income ÷ Total investment) × 100.
- Payback period = Total investment ÷ Net annual income (years).
Distance from Major Landmarks
Burj Khalifa24.1 km
Dubai Mall23.7 km
Dubai Airport (DXB)13 km
Mall of the Emirates35.2 km
Dubai Marina42.7 km