Al Mamzar Plaza, Al Taawun, Al Taawun Street

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Whole Buildings for sale in Al Mamzar Plaza

Eslam Mostafa Abdelsatar

AL MUTAIRI  REAL ESTATE L.L.C

First Occupancy Building for Sale in Al Mamzar – Sharjah

A unique investment opportunity to own a modern building with luxurious, contemporary finishes in a prime location directly on Al Taawun Street, near Al Mamzar Lake, the Corniche, and Ansar Mall, with easy access to Dubai, main roads, and all essential services.

Building Details:

• First Occupancy and Luxurious Modern Finishes
• Land Area: 7,200 sq ft
• 10 Residential Floors
• 4 Parking Floors
• Luxurious Entrance and Service Facilities
• 3 Large Retail Shops on the Ground Floor

Unit Composition:

• Total 60 Apartments
• 40 One-Bedroom Apartments (60 sq m)
• 20 Two-Bedroom Apartments (90 sq m)
• 16 Apartments Currently Leased
• The building is for full rental; apartments are not for individual sale.

Return on Investment:

• Expected Annual Income: AED 3,000,000
• Expected Return on Investment: 8.1%
• First Year of Income Guaranteed by the Contractor
• The Contractor Covers All Operating Expenses During the First Year
• Operating Expenses After the First Year: Approximately AED 150,000 Annually

Asking Price: AED 37,000,000

The building boasts a prime location and strong rental demand. In addition to its modern construction, high-quality finishing, diverse unit options, and the presence of shops and parking, this property is a suitable choice for investors seeking a modern real estate asset with strong annual income potential and the possibility of achieving an excellent return on investment in one of Sharjah's prime locations.

Al Mamzar Plaza

Sharjah

Al Taawun

Al Taawun Street

First occupancy building in Al Mamzar,60 apartmen

I lived in this Area for about 4 years. The quick access to the beach and Al Qasba makes it an enjoyable place to stay but the traffic makes it difficult. 

The road leading to Dubai is temporarily closed until the end of the year so the traffic is extra bad recently but once the new tunnel opens i expect the connectivity to Dubai to be much better. 

منطقة مخدومة سهلة الخروج منها إلى إمارة دبي ، مكتظه بالسكان نوعاً ما ، قريبة على البحر والممرات المائية والمسطحات الخضراء 

Whole Buildings for sale in Al Mamzar Plaza

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First occupancy building in Al Mamzar,60 apartmen

Eslam Mostafa Abdelsatar

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