Misk is a modern residential complex within the community of Aljada located in the centre of Sharjah. The project is being implemented by Arada Real Estate and Zaha Hadid Architects. It is currently under construction and is expected to be completed by the end of 2022.
Misk is a residential tower with nine floors featuring studios, apartments with one to three bedrooms, and penthouses.
Properties include spacious bedrooms, equipped kitchens, dining rooms, living rooms, several bathrooms equipped with modern plumbing, laundry rooms, dressing rooms, and staff accommodations. Units have modern finishes, high ceilings, panoramic windows, balconies, built-in closets, Wi-Fi, and air conditioning/heating. Residents can enjoy beautiful views of the surrounding parks and gardens for their homes.
The return on investment rate for a property at Misk is 5.3%, per year. The minimum annual rental rate for a one-bedroom apartment is AED 30,000 (USD 8,168). Rental tax for a property is 5%, or AED 1,500 (USD 408), and maintenance fees start at AED 4,840 (USD 1,318). Therefore, the net income would be AED 23,660 (USD 6,442).