Al Taawun Street, Al Taawun

Al Mamzar Plaza

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Whole Buildings for sale in Al Taawun Street

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.

Sharjah

Al Taawun

Al Taawun Street

First occupancy building in Al Mamzar,60 apartmen

Donia omar

Al Serh Al Thahaby Real Estate

Three bathrooms serve this 14-floor residential building, which spans a total area of 9,781 square feet. This completed whole-building project provides a substantial footprint for investors looking to manage a multi-unit asset in a high-demand area. The structure is currently unfurnished, allowing for complete control over the interior finishes and layout configurations to suit specific tenant requirements or operational needs.

Each floor offers a flexible layout that can be adapted to maximize the available square footage. The unfurnished state means you can select your own flooring, lighting, and fixtures throughout the common areas and individual units. With 14 levels of space, the building provides significant room for customization, whether you choose to maintain a uniform design across all floors or create distinct living environments. The open floor plates allow for efficient use of space, ensuring that every square foot contributes to the overall utility and value of the property.

This building includes several practical features for daily operations:
- Balcony
- Covered parking
- Security

Al Taawun is a sought-after community in Sharjah, positioned conveniently on the Dubai-Sharjah border. The area is known for its high-rise towers and proximity to major transit routes, making it a practical choice for residents who commute. Being located near Khalid Lake and Al Mamzar Lake, the neighborhood offers a bustling environment with various shops, grocery stores, and essential services situated on the ground floors of surrounding towers.

Offered at 38,000,000 AED. Contact us to arrange a site visit and review the full building specifications.

14-Floor Residential Building in Al Taawun

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 Taawun Street

First occupancy building in Al Mamzar,60 apartmen

Eslam Mostafa Abdelsatar

14-Floor Residential Building in Al Taawun

Donia omar

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Whole-buildings Available for sale in Al Taawun Street