830,000
Own this from just
3,414 AED/monthProperty details
Listed
1 hour ago
Property Type
Apartment
Bedrooms
1 Bed
Bathrooms
2 Baths
Furnishing
Unfurnished
Area
970 ft²
Price per area
AED855/ft²
Available from
18 Oct 2026
APARTMENT FOR SALE IN PALACE RESIDENCES AL MAMSHA, AL MAMSHAApartment for Sale in Al Mamsha – Sharjah | Large Terrace | Rented for AED 63,000 per Annum
Property Details
Location: Al Mamsha Project – Sharjah
Property Type: Residential Apartment
Area: 970 sq. ft.
Layout: Master bedroom and living room
Kitchen: Open-plan, connected to the living room
Bathrooms: En-suite bathroom (in the master bedroom) and a guest bathroom
Terrace: Large
Parking: Dedicated parking space
Asking Price: AED 830,000
Property Status: Currently rented
Annual Rental Income: AED 63,000
Lease Expiry: January
Service Charges: AED 10,000
Property Description
For sale: An exceptional apartment in the Al Mamsha project, Sharjah. Spanning 970 sq. ft., this unit combines a functional layout with a prime location. It features a master bedroom, a spacious living room, an open-plan kitchen, a guest bathroom, and a large terrace that provides additional outdoor space for relaxation and enjoyment.
The apartment offers a well-planned interior, a generous terrace, and a dedicated parking space, making it an excellent choice for either personal residence or real estate investment.
The property is currently tenanted at AED 63,000 per year, with the lease agreement expiring in January. This presents an opportunity for a buyer to acquire an income-generating asset, with the flexibility to review future options once the current lease term concludes. Apartment Features
Located in the Al Mamsha project, Sharjah
Area: 970 square feet
Master bedroom and a living area
Open-plan kitchen connected to the living area
Guest bathroom
Large terrace
Parking space
Current rental income: AED 63,000 per year
Suitable for investment or personal residence
Price and Investment Return
Asking price: AED 830,000
Annual rent: AED 63,000
Approximate gross rental yield: 7.59% per annum
Service charges are AED 10,000; assuming this is an annual cost, the net income—after deducting these fees—is AED 53,000, representing an approximate yield of 6.39% (before other p
Apartment for Sale in Al Mamsha – Sharjah | Large
Property Details
Location: Al Mamsha Project – Sharjah
Property Type: Residential Apartment
Area: 970 sq. ft.
Layout: Master bedroom and living room
Kitchen: Open-plan, connected to the living room
Bathrooms: En-suite bathroom (in the master bedroom) and a guest bathroom
Terrace: Large
Parking: Dedicated parking space
Asking Price: AED 830,000
Property Status: Currently rented
Annual Rental Income: AED 63,000
Lease Expiry: January
Service Charges: AED 10,000
Property Description
For sale: An exceptional apartment in the Al Mamsha project, Sharjah. Spanning 970 sq. ft., this unit combines a functional layout with a prime location. It features a master bedroom, a spacious living room, an open-plan kitchen, a guest bathroom, and a large terrace that provides additional outdoor space for relaxation and enjoyment.
The apartment offers a well-planned interior, a generous terrace, and a dedicated parking space, making it an excellent choice for either personal residence or real estate investment.
The property is currently tenanted at AED 63,000 per year, with the lease agreement expiring in January. This presents an opportunity for a buyer to acquire an income-generating asset, with the flexibility to review future options once the current lease term concludes. Apartment Features
Located in the Al Mamsha project, Sharjah
Area: 970 square feet
Master bedroom and a living area
Open-plan kitchen connected to the living area
Guest bathroom
Large terrace
Parking space
Current rental income: AED 63,000 per year
Suitable for investment or personal residence
Price and Investment Return
Asking price: AED 830,000
Annual rent: AED 63,000
Approximate gross rental yield: 7.59% per annum
Service charges are AED 10,000; assuming this is an annual cost, the net income—after deducting these fees—is AED 53,000, representing an approximate yield of 6.39% (before other p
Amenities
Unfurnished
Central A/C
Security
Concierge
Project information
Location
About Palace Residences Al Mamsha
Learn morePalace Residences Al Mamsha in Muwaileh offers 1 Bedroom properties averaging 698 - 1,200 sqft. It currently has 7 active sale listings.
- Properties Listed7
- Price range600K - 830K
Price Insights
This property costs 9% more than the average price of 1 bedroom in Muwaileh
Average Sale Price is 759,535 AED
This property is 33% bigger than the average size of 1 bedroom in Muwaileh
Average size is 732 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Muwaileh
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Monthly payment
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Reference
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Listed
1 hour ago
Broker License
913576
Agent License
913576
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Own this property from just
3,414 AED /month
Fixed rates from: 3.75%
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