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APARTMENT FOR SALE IN AL MAJAZ 3, AL MAJAZ
Excellent investment opportunity to own a spacious apartment in Al Majaz 3, Sharjah, located behind the Etisalat building in one of the city's most established residential areas. This property is ideal for investors seeking immediate rental income or families looking for a well-located home.
The apartment features three spacious bedrooms, a large living room, three bathrooms, and is situated on the ground floor, making it especially convenient for families, seniors, and residents who prefer easy access.
The property is currently rented for AED 40,000 per year, providing an investment return of more than 8 percent. The current lease expires in October, giving the new owner the opportunity to renew the tenancy at a higher rental value in accordance with local regulations, increasing future investment returns.
The apartment enjoys a prime location close to schools, supermarkets, restaurants, parks, public services, and major roads connecting different areas of Sharjah and Dubai.
Property Details
Three Bedrooms
Large Living Room
Three Bathrooms
Ground Floor
Prime Location in Al Majaz 3
Currently Rented for AED 40000 Per Year
Lease Expires in October
Selling Price AED 450000
Direct Sale from the Owner
Ideal for Living or Investment
A rare opportunity to purchase a competitively priced property with immediate rental income and excellent long-term investment potential.
Property details
Listed
2 months ago
Property Type
Apartment
Bedrooms
3 Beds
Bathrooms
4 Baths
Furnishing
Unfurnished
Area
1,100 ft²
Price per area
AED409/ft²
Available from
20 Jul 2026
Amenities
Unfurnished
Built in Wardrobes
Central A/C
Covered Parking
Kitchen Appliances
Pets Allowed
View of Water
Concierge
View of Landmark
Lobby in Building
The apartment features three spacious bedrooms, a large living room, three bathrooms, and is situated on the ground floor, making it especially convenient for families, seniors, and residents who prefer easy access.
The property is currently rented for AED 40,000 per year, providing an investment return of more than 8 percent. The current lease expires in October, giving the new owner the opportunity to renew the tenancy at a higher rental value in accordance with local regulations, increasing future investment returns.
The apartment enjoys a prime location close to schools, supermarkets, restaurants, parks, public services, and major roads connecting different areas of Sharjah and Dubai.
Property Details
Three Bedrooms
Large Living Room
Three Bathrooms
Ground Floor
Prime Location in Al Majaz 3
Currently Rented for AED 40000 Per Year
Lease Expires in October
Selling Price AED 450000
Direct Sale from the Owner
Ideal for Living or Investment
A rare opportunity to purchase a competitively priced property with immediate rental income and excellent long-term investment potential.
Regulatory information
Regulatory information
Reference
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