5,500,000
Own this from just
19,794 AED/monthProperty details
Listed
5 hours ago
Property Type
Whole Building
Bedrooms
7+ Beds + Maid
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
6,210 ft²
Price per area
AED885/ft²
Available from
30 Sep 2026
Upgraded
Yes
Strong Income | Prime Location | Great Opportunity
A strong investment opportunity to acquire a residential investment building in Maysaloon, Sharjah, strategically positioned on 3 roads and approximately 100 meters from a public park, offering excellent accessibility and a convenient residential setting.
The property sits on a 6,210 sq. ft. plot, equivalent to approximately 577 sq. m., and consists of Ground Floor + 2 Floors (G+2). It includes a total of 17 residential units with a diversified unit mix, providing a stable rental income and potential for future income growth.
Building Details
• Location: Maysaloon, Sharjah
• Plot Area: 6,210 sq. ft. / 577 sq. m.
• Configuration: Ground Floor + 2 Floors (G+2)
• Corner Position on 3 Roads
• Approximately 100 Meters from the Park
• Total Units: 17 Residential Units
Unit Mix
• 9 One-Bedroom Apartments
• 4 Two-Bedroom Apartments
• 4 Studio Apartments
Income & Investment Details
• Current Annual Income: AED 420,925
• Expected Annual Income After Rental Adjustments: AED 453,000
• Some existing rental contracts are below current market value
• Clear opportunity to increase income upon contract renewals
The building offers a diversified residential unit mix, creating multiple sources of rental income. Some current rental contracts are below market value, providing investors with an opportunity to improve annual revenue through rental adjustments upon renewal, subject to market conditions and applicable regulations.
Its location on 3 roads and proximity to the park add further value, providing easy access and a desirable residential environment. The property is well suited for investors seeking an established income-generating asset in Sharjah with additional rental upside.
Asking Price
AED 5,500,000
A strong investment opportunity featuring 17 residential units, AED 420,925 current annual income, and potential income of approximately AED 453,000 in a prime Maysaloon l
Amenities
Unfurnished
Balcony
Barbecue Area
Built in Wardrobes
Central A/C
Maids Room
Security
Concierge
Maid Service
View of Landmark
Location

About Maysaloon
Learn moreMaysaloon in Al Sharq offers 4 Bedrooms To 30 Bedrooms properties averaging 3 - 6,240 sqft. It currently has 12 active sale listings.
- Properties Listed12
- Price range950K - 5.5M
Provided by

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Languages
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Monthly payment
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with interest rate of
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Regulatory information
Regulatory information
Reference
M6R2NF1WDNP2QTTY6MS5YVT0Y4
Listed
5 hours ago
Broker License
92005
Agent License
92005
Own this property from just
19,794 AED /month
Fixed rates from: 3.75%
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