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APARTMENT FOR SALE IN AL MAJAZ 3, AL MAJAZ

Property details

Listed

2 months ago

Property Type

Apartment

Bedrooms

3 Beds

Bathrooms

3 Baths

Furnishing

Unfurnished

Area

1,250 ft²

Price per area

AED360/ft²

Available from

20 Jul 2026


Amenities

Unfurnished

Balcony

Barbecue Area

Central A/C

Kitchen Appliances

Pets Allowed

Walk-in Closet

Vastu-compliant

Security

Concierge


Direct from Owner | High ROI 3BR Apartment | Al Majaz 3

A fantastic investment opportunity to own a spacious 3-bedroom apartment in Al Shamsi 6 Tower, Al Majaz 3, one of Sharjah's most established residential communities. Ideally located behind the Etisalat building, this property offers immediate rental income with excellent potential for future appreciation.

Currently rented for AED 40,000 per year, the tenancy contract expires in October, giving the new owner the opportunity to increase the rental value in line with the prevailing market rates, subject to applicable regulations. This makes it an ideal choice for investors seeking strong returns and long-term growth.

Property Details:
3 Spacious Bedrooms
Large Living & Dining Area
3 Bathrooms
Ground Floor Apartment
Well-maintained Unit
Prime Location in Al Majaz 3
Al Shamsi 6 Tower
Behind Etisalat Building
Investment Highlights:
Selling Price: AED 450,000
Current Rental Income: AED 40,000 per year
ROI: More than 8%
Existing Tenant
Tenancy Contract Ends in October
Potential to increase the rent based on the current market rental value, in accordance with applicable regulations
Below Market Price
Excellent Investment Opportunity
Strong Rental Demand

Don't miss this rare opportunity to secure a high-yield investment in one of Sharjah's most sought-after locations.

At Al Sayad Real Estate, we provide professional real estate services across the Emirate of Sharjah, specializing in property sales, purchases, and leasing. With extensive market knowledge and a dedicated team, we strive to offer the best residential and investment opportunities while delivering exceptional service, transparency, and customer satisfaction.

Regulatory information
Regulatory information

Reference

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