37,000,000
Own this from just
133,160 AED/monthProperty details
Listed
3 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds + Maid
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
7,200 ft²
Price per area
AED5,138/ft²
Available from
10 Sep 2026
Upgraded
Yes
Fully Rented | Strong Income | Prime Location
A prime investment opportunity to acquire a brand-new first-occupant residential building in Al Mamzar, Sharjah, strategically located directly on Al Taawun Street, close to Al Mamzar Lake, the Corniche, Ansar Mall, and with easy access to Dubai and essential services.
Building Details
• Location: Al Mamzar, Sharjah
• Directly on Al Taawun Street
• First Occupant / Brand-New Building
• Luxury Modern Finishes
• Plot Area: 7,200 sq. ft.
• 10 Residential Floors
• 4 Parking Floors
• Ground floor featuring a luxury entrance, service facilities, and 3 large commercial shops
Residential Units
• 60 Apartments
• 40 One-Bedroom Apartments, approximately 60 m² each
• 20 Two-Bedroom Apartments, approximately 90 m² each
• 16 Apartments already rented
• Building designated for full rental operation
• Apartments are not available for individual sale
Investment Details
• Expected Annual Rental Income: AED 3,000,000
• Expected Return: 8.1%
• First Year Guaranteed by the Contractor
• Contractor covers all operating expenses during the first year
• Estimated operating expenses after the first year: approximately AED 150,000 annually
The building combines modern construction, luxury finishes, spacious residential layouts, dedicated parking facilities, and commercial units, making it a strong option for investors seeking a newly completed income-generating asset.
With an expected annual income of AED 3 million and an expected return of 8.1%, the property offers an attractive opportunity for investors looking for a ready-to-rent building with strong income potential.
Asking Price
AED 37,000,000
A strong investment opportunity to acquire a brand-new first-occup
Amenities
Unfurnished
Vastu-compliant
Lobby in Building
Children's Play Area
View of Landmark
Maid Service
Concierge
Security
Pets Allowed
Maids Room
Location

About Al Mamzar Tower
Learn moreAl Mamzar Tower in Al Mamzar - Sharjah offers 1 Bedroom To 30 Bedrooms properties averaging 800 - 140,905 sqft. It currently has 17 active sale listings.
- Properties Listed17
- Price range840K - 119.9M
Provided by

AL MUTAIRI REAL ESTATE L.L.C
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Response time
within 15 minutes
Languages
English, Arabic
Get the right mortgage for you
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Monthly payment
133,160 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
7KW97HD6TFE96TBFVFCPAKXNFW
Listed
3 hours ago
Broker License
92005
Agent License
92005
Own this property from just
133,160 AED /month
Fixed rates from: 3.75%
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