Al Majaz Gardens, Al Majaz, Al Majaz 3

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Whole Buildings for sale in Al Majaz Gardens

Mahmoud Abdelaziz

TAWTHEEQ REAL ESTATE

Residential & Commercial Building for Sale in Al Majaz 3, Sharjah | 7.41% ROI

An excellent investment opportunity to own a residential and commercial building in Al Majaz 3, Sharjah, a vibrant and sought-after location near Al Qasba Canal and Al Khan Main Road. The corner building combines residential apartments and retail shops, offering diversified income streams and an attractive opportunity for investors seeking a rental-income-generating property.

Property Details:

Location: Al Majaz 3, Sharjah

Property Type: Residential & Commercial Building

Position: Corner Building

Plot Area: 5,200 sq. ft.

Building Configuration: Ground + 5 Floors

Apartments: 25 units, each comprising 1 bedroom and a living room

Retail Shops: 7

Investment Details:

Current Annual Income: AED 1,000,000

Asking Price: AED 13,500,000

Gross Rental Yield: Approximately 7.41% annually

Location & Investment Highlights:

The building is strategically located near Al Qasba Canal and along Al Khan Main Road, within a vibrant area that combines residential and commercial activity. Its mix of apartments and retail shops provides multiple income sources, making it a suitable option for investors looking to acquire an income-generating property in a well-established Sharjah location.

This property represents an attractive opportunity for investors seeking a residential and commercial building in a prime location, with an existing annual income and an approximate gross rental yield of 7.41% based on the asking price.

For further details or to arrange a viewing, please contact us.

Whole Buildings for sale in Al Majaz Gardens

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Corner Building | High Income | Prime Location

Mahmoud Abdelaziz

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Whole-buildings Available for sale in Al Majaz Gardens