22,000,000
Own this from just
79,176 AED/monthProperty details
Listed
1 month ago
Property Type
Whole Building
Bedrooms
7+ Beds + Maid
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
10,000 ft²
Price per area
AED2,200/ft²
Available from
23 Sep 2026
Upgraded
Yes
WHOLE BUILDING FOR SALE IN ABU SHAGARA BUILDING, ABU SHAGARAInvestment Building | AED 2M Income | 9.1% Return
For Sale: An established investment building in a strategic location in Abu Shagara, Sharjah, located on the second plot from Al Wahda Street. The property sits on a 10,000 sq. ft. plot and consists of Ground + 10 Floors.
The building comprises 60 residential apartments, including 20 two-bedroom apartments with living rooms, 20 one-bedroom apartments with living rooms, and 20 three-bedroom apartments with living rooms. It also includes 4 commercial shops, providing a diversified mix of residential and commercial income.
The property generates a current annual income of AED 2,000,000, with an asking price of AED 22,000,000. Based on the stated annual income and asking price, the approximate gross annual return is 9.1% before expenses.
The building is 25 years old and remains in excellent, well-maintained condition, with regular maintenance and ongoing property management. It represents a suitable long-term investment opportunity for investors seeking an established income-generating asset in a prime and active area of Sharjah.
Property Details:
Location: Abu Shagara, Sharjah
Land Area: 10,000 sq. ft.
Building: Ground + 10 Floors
Total Apartments: 60
20 Two-Bedroom Apartments
20 One-Bedroom Apartments
20 Three-Bedroom Apartments
Commercial Shops: 4
Property Age: 25 Years
Annual Income: AED 2,000,000
Asking Price: AED 22,000,000
Approximate Gross Return: 9.1% annually before expenses
For more details or to arrange a viewing, please contact us.
Investment Building | AED 2M Income | 9.1% Return
For Sale: An established investment building in a strategic location in Abu Shagara, Sharjah, located on the second plot from Al Wahda Street. The property sits on a 10,000 sq. ft. plot and consists of Ground + 10 Floors.
The building comprises 60 residential apartments, including 20 two-bedroom apartments with living rooms, 20 one-bedroom apartments with living rooms, and 20 three-bedroom apartments with living rooms. It also includes 4 commercial shops, providing a diversified mix of residential and commercial income.
The property generates a current annual income of AED 2,000,000, with an asking price of AED 22,000,000. Based on the stated annual income and asking price, the approximate gross annual return is 9.1% before expenses.
The building is 25 years old and remains in excellent, well-maintained condition, with regular maintenance and ongoing property management. It represents a suitable long-term investment opportunity for investors seeking an established income-generating asset in a prime and active area of Sharjah.
Property Details:
Location: Abu Shagara, Sharjah
Land Area: 10,000 sq. ft.
Building: Ground + 10 Floors
Total Apartments: 60
20 Two-Bedroom Apartments
20 One-Bedroom Apartments
20 Three-Bedroom Apartments
Commercial Shops: 4
Property Age: 25 Years
Annual Income: AED 2,000,000
Asking Price: AED 22,000,000
Approximate Gross Return: 9.1% annually before expenses
For more details or to arrange a viewing, please contact us.
Amenities
Unfurnished
Vastu-compliant
Children's Pool
Lobby in Building
View of Landmark
Maid Service
Concierge
Security
Pets Allowed
Kitchen Appliances
Location
About Abu Shagara building
Learn moreAbu Shagara building in Abu shagara offers 3 Bedrooms To 30 Bedrooms properties averaging 1,270 - 10,000 sqft. It currently has 14 active sale listings.
- Properties Listed14
- Price range550K - 30M
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Regulatory information
Reference
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Listed
1 month ago
Broker License
92005
Agent License
92005
Usually responds within 5 minutes
AL MUTAIRI REAL ESTATE L.L.C
Own this property from just
79,176 AED /month
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