Tiger Group built Faradis Tower on the Gulf Coast of the Al Mamzar Peninsula in Sharjah. The building comprises a ground level, five podium floors, and 50 residential floors. The tower has a wavy architectural form designed to reflect its coastal surroundings. Units range from one to four bedroom apartments plus commercial spaces.
The Al Mamzar Peninsula location places Al Khan Beach 2 minutes away and Expo Centre Sharjah 4 minutes away. City Centre Sharjah and Al Qasba Canal Sharjah take approximately 10 minutes to reach. The Sharjah Aquarium is 15 minutes away. The peninsula connects to Dubai and other parts of Sharjah through major roads.
The project operates under freehold ownership. Handover is scheduled for the first quarter of 2027. Amenities include children playgrounds, a gym,...
Al Mamzar 1
Prime location
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Amenities
8
Pools & Water
2
Shared Pool, Shared Jacuzzi
Sports & Fitness
2
Shared gym & fitness, Jogging tracks
Wellness & Spa
1
Sauna
Gardens & Landscape
1
Walking paths
Kids & Family
1
Kids Play Area
Building Features
1
Central A/C
Visual Journey
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Investment Structure
Payment Plans
20%
Down payment
5% SLD + 2500 AED Admin Fee
3.333%
March 2026
3.333%
April 2026
3.333%
May 2026
30%
June 2026 – December 2026
10% quarterly
10%
On handover
30%
Post handover from March 2027 to December 2028
3.75% quarterly
Payment Plan 1 (post handover 21 months)7 payments total