Prime location, G+15 permit, near Al Nahda desert

Residential and commercial land (ground floor + 5 parking floors + 15 floors) in Al Nahda, Sharjah. Owned by GCC citizens.

Land for sale directly from the owner.

Asking price: AED 9 million (negotiable).
Area: 974 square meters / 10,488 square feet.
Location: Al Nahda, Sharjah.
- Facing a 61-meter-wide main street.

Owned by citizens, GCC citizens, and Arabs. Next to Al Nahda Park, very close to Sahara Center, Al Ittihad Street, Al Nahda Street, Sharjah Ring Road.

Design Ready:

Built-in area: 13,300 square meters / 143,000 square feet.
- Residential/commercial building, ground floor + 5 parking floors +
15 floors + roof.
- Retail shops.
- 96 parking spaces.
- 30 one-bedroom apartments.
- 60 two-bedroom apartments.

Project Status:

- Under construction, approximately 13% completion. - Infrastructure works completed, including piles, retaining walls, ground foundations, and water tank. (Underground)
The site is ready for tower construction, with a time saving of approximately 8 months.

Development Feasibility

- The building's construction cost is approximately AED 27 million.
The total project cost (land + construction + government fees) is approximately AED 40 million.
The potential annual rent is approximately AED 402 million.
The potential sale price for the entire building is approximately AED 52 million.

Property details

Property Type

Land

Property Size

10,488 sqft / 974 sqm