Palm Tower 2, Al Majaz

HIGHLIGHTS

About Palm Tower 2

Palm Tower 2 is a residential building that consists of 26 floors with various facilities like a swimming pool, kids'€™ play area and amazing views of Khalid Lagoon. Palm Tower 2 is close to many amenities such as supermarkets, restaurants, salons and more. Al Safya Park is a short 5-minute walk away. Right opposite the building residents can find a branch of Novo Cinemas and the Khalid Lake Trail.

The building is located in Al Majaz 3, part of the Al Majaz district in Sharjah. Built along the Buhaira Corniche, Al Majaz is spread over an area of 231,000 sq. ft. The community is divided into three parts: Al Majaz 1, Al Majaz 2 and Al Majaz 3. It is a family-friendly area that offers serene views of the water, as it is built over the Khalid Lagoon.

IN A NUTSHELL

  • A residential building located in Al Majaz, Sharjah
  • 26 floors
  • Offers 1, 2 and 3-bedroom apartments
  • Swimming pool, jacuzzi, steam room and sauna
  • Storage areas and parking spaces
  • Offers amazing views

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Palm Tower 2

BUILDING DETAILS

Facilities in Palm Tower 2

Parking

There is covered parking in Palm Tower 2, Al Majaz for residents. However, visitors may need to park outside the building. Each unit is given one reserved parking space, but residents of the 3-bedroom apartment are allotted two covered parking spaces.

Guest can park in the street parking spaces along Buhaira Corniche but normally fill up fast. There is also a large sandy lot with free parking right opposite Palm Tower 2.

Elevators

There are high-speed elevators in Palm Tower 2, Sharjah to provide easy access to all the apartments in the tower.

Security, Central Air-Conditioning and Maintenance Services 

Palm Tower 2 offers 24-hour security services that include CCTV surveillance. Well-trained maintenance staff is also available in the tower. Water and electricity services are provided by Sharjah Electricity and Water Authority (SEWA).

Gym and Fitness Facilities 

There is a well-equipped modern gym in Palm Tower 2 and a swimming pool for residents so that they can maintain a healthy lifestyle.

Lifestyle Amenities

Palm Tower 2 provides its residents with high-quality lifestyle amenities. There is a kids'€™ play area in the building. There is also a sauna room, steam room and Jacuzzi.

Concierge and Guest Services 

For the convenience of guests and residents, Palm Tower 2 has a well-furnished lobby.

Apartment Types in Palm Tower 2

Palm Tower 2 offers residential units of 1, 2 and 3-bedroom apartments.

1-Bedroom Apartments in Palm Tower 2

1-bedroom apartments cover an area of around 1000 sq. ft. Each unit has an attached bathroom and a guest bathroom. The apartment comes with a balcony and a large hall.

2-Bedroom Apartments in Palm Tower 2

The 2-bedroom apartments have a floor area of around 1,570 sq. ft. The bedrooms have attached bathrooms along with built-in wardrobes and walk-in closets. There is also a guest bathroom in the apartment. A large hall area opens into a spacious balcony that offers beautiful views of the corniche. The entire apartment is well furnished.

3-Bedroom Apartments in Palm Tower 2

3-bedroom apartments have a covered of about 2,000 sq. ft. There are 3 attached bathrooms and a guest bathroom. The bedrooms have built-in wardrobes and walk-in closets. There is a large hall that opens into a balcony. These units also feature a maid'€™s room, a fully fitted kitchen and a storage area.

Most Popular Apartment Types in Palm Tower 2

Based on searches conducted by users on PropertyDigger.com over the past 6 months

According to statistics, the most popular apartments in Palm Tower 2 are the 2-bedroom apartments, followed by 1-bedroom and 3-bedroom units.

Rental Trends in Palm Tower 2

The apartments for rent in Palm Tower 2 are very affordable.

Sale Trends in Palm Tower 2

Apartments for sale in Palm Tower 2 offer a luxurious lifestyle. For other options, you can also look at apartments for sale in Al Majaz.

Rental Yield in Palm Tower 2

Based on searches conducted by users on PropertyDigger.com over the past 6 months

The rental yield for 1-bedroom apartments is 6.2%, while the 2-bedroom apartments offer a rental yield of 4.9%.

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NEARBY AMENITIES

Transportation near Palm Tower 2

Finding transportation near Palm Tower 2 is easy. Also, the community is well-connected to other areas.

Bus Stations near Palm Tower 2

Al Jubail Bus Stop and Al Wahda Road Bus Stop are 7 minutes away from Palm Tower 2. Al Khan Bus Stop is 8 minutes away from the building.

Restaurants near Palm Tower 2

There are various restaurants near Palm Tower 2. A couple of them are just within walking distance.

  • Nayaab Haandi
  • Sealand Restaurant
  • Hannouf Restaurant
  • Bangkok Town Restaurant

Nayaab Haandi is considered one of the best Pakistani restaurants in Sharjah. It is 1 minute away from the location. Sealand Restaurant is 3 minutes away, whereas, Hannouf Restaurant is 4 minutes away.

Bangkok Town Restaurant is within walking distance from Palm Tower 2. If you want to experience the very best in Thai cuisine then this place is the right one for you. Bangkok Town Restaurant is popular for its authenticity and excellence. The menu includes a rich collection of novel and traditional Thai dishes. You can choose from a variety of dishes, from the past, present and future of Thailand'€™s rich culture. Every dish is made from fresh ingredients imported from Thailand.

There are some nice cafes in the vicinity as well. Shakespeare and Co. is only 5 minutes away. It'€™s a place you can go with friends, colleagues and family, to enjoy a good meal and relax. Their most selling dishes include lentil soup, lettuce wraps, beef tenderloin, their signature Shakespeare burgers and lasagna.

Fen Café and Restaurant is at a 7-minute drive from the tower. This place is a little gem for foodies. It is a split between a casual café and an upscale restaurant, perfect for families. Their menu features a selection of Japanese and Asian inspired dishes, pastas, international cuisines, salads, burgers, sandwiches and main courses. The restaurant is open for breakfast, lunch and dinner. They also offer gluten-free, dairy-free and nut-free options. You can also opt for a sugar-free dessert.

Supermarkets near Palm Tower 2

The location of the tower is ideal as it has plenty of well-stocked and well-known supermarkets near Palm Tower 2 since there are numerous options when it comes to supermarkets in Sharjah. Some of them are:

  • Carrefour
  • Istanbul Supermarket
  • Awwal Al Madina Supermarket
  • City Centre Supermarket
  • Safeer Market

All of these markets have high international standards and can easily cater to all kinds of needs. Carrefour can cater to all grocery needs and household items. You can reach all of these supermarkets within 5 minutes from the location.

NEARBY BUILDINGS

  • Al Seer Tower '€“ residential building
  • Palm Tower 3 '€“ residential building
  • Hilton Sharjah '€“ residential building
  • Emirates Palace Hotel Suites

Palm Tower 2, Al Majaz is close to many residential buildings, its neighbours include Al Seer Tower, Palm Tower 3, Emirates Palace Hotel Suites and Hilton Sharjah.

Major Landmarks

Landmarks near Palm Tower 2, Al Majaz include:

  • Sharjah Aquarium
  • Heart of Sharjah
  • Eye of the Emirates

Sharjah Aquarium is 4 minutes away. It is an excellent place to visit with your kids to explore marine life. The aquarium is spread over 2 floors with 20 separate tanks filled with 1.8 million litres of water, housing over 150 different species including seahorses, eels, sea rays, reef sharks and clownfish present in rocky shores, lagoons, mangroves and coral reefs. 

Heart of Sharjah is 8 minutes away from the location. This area is comprised of the old city of Sharjah, which is the largest historical project in the region that is expected to be fully completed by 2025. Old buildings have been restored and new structures are built based on traditional architecture to transform them into cafes, restaurants, hotels, markets and art galleries where visitors can come to experience the rich culture of Sharjah.

Eye of the Emirates is one of the most recognisable landmarks in Sharjah and it is only 4 minutes away from Palm Tower 2. This Ferris-wheel is 60-meter-high and comprises 42 air-conditioned gondolas. Brought from the Netherlands it is the tallest of its kind in the Middle East, Africa, and West & Central Asia. Step into the wheels air-conditioned cabins and be lifted high above to view the entire city of Sharjah. You can enjoy views of the Gulf Coast which stretches all the way to Dubai, landmark buildings and beautiful scenery.

THINGS TO CONSIDER

Palm Tower 2 is located in an ideal place surrounded by various cafes, restaurants and transportation services. The only thing to consider is the problems faced by residents due to the shortage of parking because the place is mostly crowded with vehicles.