Al Khan Whole-Building for Sale

FOR SALE – Brand New Residential Building in Al Khan, Sharjah
Prime Location | Excellent ROI | Under Warranty

Property Type: Residential + Commercial Building
Location: Al Khan, Sharjah
Asking Price: AED 23,000,000
Current Annual Income: AED 1,795,500
Potential Full Occupancy Income: AED 2,027,500

Property Overview:
An exceptional investment opportunity in the vibrant and centrally located Al Khan area of Sharjah. This newly constructed building is less than a year old, still under warranty, and offers immediate income with significant upside potential.

Building Specifications:

Configuration: Basement + Ground + 7 Floors

Total Apartments: 42 Units (6 Units per Floor)

5 Two-Bedroom Apartments per Floor

1 Three-Bedroom Apartment per Floor

Retail Shops: 3 (All currently vacant, allowing for future rental growth)

Parking:

30 Spaces Currently Utilized

27 Additional Basement Parking Spaces Available

Operating Costs:

SEWA (Electricity & Water)

Watchman Salary

Sewage Removal
(No other recurring operational overheads)

Key Features:

Modern building with high-quality construction

Located in a well-connected, high-demand area

Under structural warranty – less than 1 year old

Ideal for long-term investment with strong appreciation potential

Easy access to public transport, major roads, schools, and shopping centers

Investment Highlights:

High occupancy rate with room for rental growth

Commercial shop rental potential not yet realized

Strong current income with low operating costs

Rare opportunity for a clean, modern asset in Al Khan

For More Information or to Arrange a Viewing:
Contact Name: Noufal
Phone: +971 52 966 3060
Email: noufalseagateproperties@gmail.com

SEAGATE PROPERTIES – Your Trusted Partner in Real Estate Investment

Property details

Property Type

Whole Building

Property Size

8,000 sqft / 743 sqm

Bedrooms

Bathrooms

Available from

24 May 2025