22,000,000
Own this from just
79,176 AED/monthProperty details
Listed
2 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
10,000 ft²
Price per area
AED2,200/ft²
Available from
19 Sep 2026
*Exceptional Investment Opportunity in Abu Shagara
An income-generating investment building is available for sale in a strategic and prime location in Abu Shagara, Sharjah, in the second plot from Al Wahda Street, one of the emirate’s well-established and vibrant areas. The property benefits from a practical location with convenient access to major roads, services, and facilities, making it a suitable option for investors looking to acquire an established income-generating property.
The land area is 10,000 square feet. The building consists of a ground floor plus 10 floors and includes a total of 60 residential apartments, with a diverse unit mix designed to accommodate different tenant requirements, in addition to 4 commercial shops that provide an additional source of rental income.
The residential units are distributed as follows:
* 20 apartments with 2 bedrooms and a living room
* 20 apartments with 1 bedroom and a living room
* 20 apartments with 3 bedrooms and a living room
* 4 commercial shops
The building is approximately 25 years old and is maintained in excellent condition. It has regular maintenance and continuous property management follow-up to help preserve the condition and functionality of the building. The ongoing maintenance is an important consideration for investors seeking an established property that is already operational and generating income rather than a development project requiring construction and a waiting period before generating returns.
The stated annual income is AED 2,000,000, while the asking price is AED 22,000,000. Based on the stated annual income and asking price, the approximate gross rental yield is 9.1% per year, before operating expenses, maintenance costs, fees, and other property-related expenses.
The building’s location in Abu Shagara, close to Al Wahda Street, provides convenient accessibility and connectivity. Abu Shagara is a well-established residential and commercial area in Sharjah, surrounded b
Amenities
Unfurnished
Balcony
Pets Allowed
Security
Concierge
Lobby in Building
Vastu-compliant
Location

About Abu Shagara building
Learn moreAbu Shagara building in Abu shagara offers 9 Bedrooms To 30 Bedrooms properties averaging 4,500 - 18,000 sqft. It currently has 21 active sale listings.
- Properties Listed21
- Price range2.4M - 30M
Provided by

MUSTASHAR AL AWAL REAL ESTATE L.L.C.SP
Exclusively on Property Finder
Alhady Mohamed
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Response time
within 5 minutes
Languages
English, Arabic
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Monthly payment
79,176 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
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Listed
2 hours ago
Broker License
940049
Agent License
92005
Own this property from just
79,176 AED /month
Fixed rates from: 3.75%
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