AED 25,000,000
Own this from just
89,973 AED/month7+ Bedrooms
7+ Bathrooms
14,000 sqft / 1,301 sqm
WHOLE BUILDING FOR SALE IN AL MAJAZ 2, AL MAJAZFor Sale: Premium Building in Al Majaz 2
Property Details:
Location: Al Majaz 2, one of the most vibrant areas in Sharjah.
Plot Area: 14,000 sq. ft.
Structure: Ground + 10 floors.
Units Breakdown:
42 two-bedroom Apartments
42 three-bedroom Apartments
1 studio unit
Shop 4
Age of the Building: 23 years.
Investment Returns:
Current Income: AED 2.4 million annually.
Projected Income: AED 2.6 million annually with minor upgrades.
Occupancy Rate: High demand due to the prime location and excellent facilities.
Advantages and Location Features:
Prime location near Al Majaz Waterfront, offering attractive views and a desirable living environment.
Easy access to major roads like King Faisal Street and Al Ittihad Road.
Surrounded by essential amenities, including schools, hospitals, shopping centers, and restaurants.
Al Majaz is known for its central location and high demand for residential units.
Investment Highlights:
Diverse unit types attract a broad range of tenants.
Stable and consistent rental income with potential for growth.
A promising opportunity in a high-demand and rapidly appreciating area.
Asking Price:
AED 25 million.
For inquiries and further details, please contact:
+971503063636
Building, Al Majaz 2, 84 Apartment+4 Shop
Property Details:
Location: Al Majaz 2, one of the most vibrant areas in Sharjah.
Plot Area: 14,000 sq. ft.
Structure: Ground + 10 floors.
Units Breakdown:
42 two-bedroom Apartments
42 three-bedroom Apartments
1 studio unit
Shop 4
Age of the Building: 23 years.
Investment Returns:
Current Income: AED 2.4 million annually.
Projected Income: AED 2.6 million annually with minor upgrades.
Occupancy Rate: High demand due to the prime location and excellent facilities.
Advantages and Location Features:
Prime location near Al Majaz Waterfront, offering attractive views and a desirable living environment.
Easy access to major roads like King Faisal Street and Al Ittihad Road.
Surrounded by essential amenities, including schools, hospitals, shopping centers, and restaurants.
Al Majaz is known for its central location and high demand for residential units.
Investment Highlights:
Diverse unit types attract a broad range of tenants.
Stable and consistent rental income with potential for growth.
A promising opportunity in a high-demand and rapidly appreciating area.
Asking Price:
AED 25 million.
For inquiries and further details, please contact:
+971503063636
Property details
Property Type
Whole Building
Property Size
14,000 sqft / 1,301 sqm
Bedrooms
7+
Bathrooms
7+
Amenities
Balcony
Security
Location
Provided by
Mohammad Bassam Samoor
No ratings
KUNOOZ REAL ESTATE L.L.C SP
See agency properties (97)Response time
within 5 minutes
Experience
12 years
Languages
English, Arabic
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
89,973 AED
with interest rate of
3.75%
Get a free consultation.
Our Mortgage Advisors will be more than happy to help!
Regulatory information
Regulatory information
Reference
KZ0000000017
Listed
1 month ago
Broker License
920620
Recommended for you
usually responds within 5 minutes
Own this property from just
89,973 AED /month
Fixed rates from: 3.75%
Get pre-approvedIn partnership with