VIDA Residences

VIDA Residences Aljada is a project by Arada and Emaar Hospitality Group, set in the center of Aljada. The new project is the perfect place both for couples and families aspiring to live in an all-encompassing development. VIDA Residences Aljada offers 1, 2 and 3BR apartments. All units have spacious bedrooms, open plan kitchens, a living room combined with a dining area, several bathrooms, and spacious balconies. In addition, the larger 2-bedroom apartments include a walk-in closet and the 3-bedroom units have an additional maid's room. Residents have the opportunity to access a swimming pool as well as a gym and families will appreciate the on-site children’s playground. Residents can use the professional laundry service and indulge in the in-room dining services from the VIDA Residences Aljada hotel located nearby. The entrance lobby to the residential building offers a cosy environment, which makes it an ideal place for relaxing. VIDA Residences Aljada also provides 24-hour professional concierge and valet services. 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