37,000,000
Own this from just
133,160 AED/monthProperty details
Listed
2 hours ago
Property Type
Whole Building
Bedrooms
2 Beds
Bathrooms
2 Baths
Furnishing
Unfurnished
Area
7,200 ft²
Price per area
AED5,138/ft²
Available from
27 Sep 2026
WHOLE BUILDING FOR SALE IN NEW AL TAAWUN ROAD, AL TAAWUNResidential-Commercial Building for Sale in Al Taawun – Al Mamzar – Sharjah
Property Details
Location: Al Taawun – Al Mamzar – Sharjah
Property Type: Residential-commercial building
Land Area: 7,200 sq. ft.
Building Age: Approximately one year
Condition: Modern tower; first-time occupancy (brand new)
Configuration: Ground floor + 4 parking levels + 10 typical floors
Number of Apartments: 60
Number of Shops: 3 commercial units
Unit Mix: 40 (1-bedroom + hall) apartments; 20 (2-bedroom + hall) apartments
Current Occupancy: 18 apartments leased so far
Expected Income (upon full occupancy): AED 3,000,000 per annum
Asking Price: AED 37,000,000
Ownership: Available to UAE nationals and GCC citizens
Income Yield
Based on the asking price of AED 37,000,000 and the stated annual income of AED 3,000,000:
Gross Annual Income Yield = Approximately 8.11%
Note: AED 3 million does not equate to 8.5% of the AED 37 million price; to achieve an 8.5% yield, the annual income would need to be approximately AED 3,145,000.
Property Description
A modern residential-commercial tower is available for sale in the Al Taawun – Al Mamzar area of Sharjah. Approximately one year old, the tower is brand new and ready for first-time occupancy. It sits on a 7,200 sq. ft. plot and features a configuration that offers a significant number of residential units and commercial facilities. The tower comprises a ground floor, 4 parking levels, and 10 residential floors. It houses a total of 60 apartments—40 one-bedroom units and 20 two-bedroom units—along with 3 commercial retail spaces.
To date, 18 apartments have been leased. Based on the provided data, the projected annual income once fully leased is approximately AED 3 million.
The asking price for the building is AED 37 million, and ownership is available to UAE nationals and citizens of GCC countries.
**Key Investment Highlights**
Modern tower (approx. 1 year old)
First-time occupancy (brand new)
Plot area: 7,200 sq. ft.
60 residential apart
Residential-Commercial Building for Sale in Al Taa
Property Details
Location: Al Taawun – Al Mamzar – Sharjah
Property Type: Residential-commercial building
Land Area: 7,200 sq. ft.
Building Age: Approximately one year
Condition: Modern tower; first-time occupancy (brand new)
Configuration: Ground floor + 4 parking levels + 10 typical floors
Number of Apartments: 60
Number of Shops: 3 commercial units
Unit Mix: 40 (1-bedroom + hall) apartments; 20 (2-bedroom + hall) apartments
Current Occupancy: 18 apartments leased so far
Expected Income (upon full occupancy): AED 3,000,000 per annum
Asking Price: AED 37,000,000
Ownership: Available to UAE nationals and GCC citizens
Income Yield
Based on the asking price of AED 37,000,000 and the stated annual income of AED 3,000,000:
Gross Annual Income Yield = Approximately 8.11%
Note: AED 3 million does not equate to 8.5% of the AED 37 million price; to achieve an 8.5% yield, the annual income would need to be approximately AED 3,145,000.
Property Description
A modern residential-commercial tower is available for sale in the Al Taawun – Al Mamzar area of Sharjah. Approximately one year old, the tower is brand new and ready for first-time occupancy. It sits on a 7,200 sq. ft. plot and features a configuration that offers a significant number of residential units and commercial facilities. The tower comprises a ground floor, 4 parking levels, and 10 residential floors. It houses a total of 60 apartments—40 one-bedroom units and 20 two-bedroom units—along with 3 commercial retail spaces.
To date, 18 apartments have been leased. Based on the provided data, the projected annual income once fully leased is approximately AED 3 million.
The asking price for the building is AED 37 million, and ownership is available to UAE nationals and citizens of GCC countries.
**Key Investment Highlights**
Modern tower (approx. 1 year old)
First-time occupancy (brand new)
Plot area: 7,200 sq. ft.
60 residential apart
Amenities
Unfurnished
Central A/C
Covered Parking
Concierge
Security
Location
About New Al Taawun Road
Learn moreNew Al Taawun Road in Al Taawun offers 1 Bedroom To 30 Bedrooms properties averaging 700 - 10,000 sqft. It currently has 123 active sale listings.
- Properties Listed123
- Price range400K - 80M
4.31 Review
Score Breakdown
- Ahlam
The building is in decent enough condition. Land lord is quite understanding and cooperative. Maintenance service is average, could be better. Only true downside would be the traffic around the area in the morning.
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NOOR AL TAREEQ REAL ESTATE
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Reference
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Listed
2 hours ago
Broker License
913576
Agent License
913576
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