22,000,000
Own this from just
79,176 AED/monthProperty details
Listed
3 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
17 Sep 2026
Upgraded
Yes
A building in Abu Shagara, 60 apartments, income
A prime investment opportunity to own an existing building in the Abu Shagara area of Sharjah. Strategically located on the second block of Al Wahda Street, in one of the emirate's most vibrant and well-known areas, the building boasts proximity to main roads, services, and various amenities.
Property Details:
Land Area: 10,000 sq ft
Construction: Ground + 10 Floors
Total Units: 60 Apartments
4 Commercial Shops
Building Age: 25 Years
Condition: Excellent and Well-Maintained
Regular Maintenance and Ongoing Monitoring
Apartment Layout:
20 Two-Bedroom Apartments
20 One-Bedroom Apartments
20 Three-Bedroom Apartments
The building's diverse range of residential units makes it suitable for attracting a variety of tenants. The four commercial shops further diversify the property's income streams.
Annual Income: AED 2,000,000
Asking Price: AED 22,000,000
Approximate Gross Yield: 9.1% per annum, based on the aforementioned annual income and before expenses.
Investment Features:
Strategic location in Abu Shagara
Second plot off Al Wahda Street
Land area of 10,000 sq ft
Ground + 10 floors
60 apartments of varying sizes and layouts
4 retail shops
Rating annual income of AED 2 million
Approximate Gross Yield: 9.1%
Existing and well-maintained building
Regular maintenance and ongoing monitoring
Suitable for long-term investment
This property presents an ideal opportunity for investors seeking an established property with a strong annual income and a prime location in Sharjah, offering a variety of residential and retail units.
For more details or to schedule a viewing, please contact us.
Amenities
Unfurnished
Balcony
Central A/C
Security
Concierge
Lobby in Building
Vastu-compliant
Location

About Abu shagara Building 2
Learn moreAbu shagara Building 2 in Al Qasimia offers 2 Bedrooms To 30 Bedrooms properties averaging 1,000 - 10,000 sqft. It currently has 10 active sale listings.
- Properties Listed10
- Price range370K - 29.5M
Provided by

AL MUTAIRI REAL ESTATE L.L.C
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Response time
within 5 minutes
Languages
English, Arabic
Get the right mortgage for you
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Monthly payment
79,176 AED
with interest rate of
3.75%
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Regulatory information
Regulatory information
Reference
2MJZ2Y7FTNZJCQS0Z0AKJX8N6C
Listed
3 hours ago
Broker License
92005
Agent License
92005
Own this property from just
79,176 AED /month
Fixed rates from: 3.75%
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