7,400,000
Own this from just
26,632 AED/monthProperty details
Listed
5 hours ago
Property Type
Whole Building
Bathrooms
7+ Baths
Furnishing
Furnished
Area
19,000 ft²
Price per area
AED389/ft²
Available from
1 Oct 2026
Upgraded
Yes
WHOLE BUILDING FOR SALE IN AL PLAZA BUILDING, AL GHUAIRInvestment building for sale in Al Ghuwair, Sharjah
located in a well-established and active area with strong demand for residential units and commercial spaces. The property offers an attractive investment opportunity for buyers seeking an income-generating building with potential for future rental growth.
The building consists of a Ground Floor plus 6 Floors and is built on a 2,700 sq ft plot. The property is 18 years old and includes a total of 38 studio apartments with different sizes, consisting of 12 large studios, 12 medium studios, and 14 small studios. The building also includes 3 commercial shops, providing an additional source of rental income.
The current annual rental income is approximately AED 688,000, with an expected annual income of around AED 800,000, offering potential to increase revenue through rental optimization and improved leasing performance.
The asking price is AED 7,400,000. This property is well suited for investors looking for an established income-generating asset in Sharjah, with diversified residential units, commercial spaces, existing rental income, and potential for future income growth.
Investment building for sale in Al Ghuwair, Sharja
located in a well-established and active area with strong demand for residential units and commercial spaces. The property offers an attractive investment opportunity for buyers seeking an income-generating building with potential for future rental growth.
The building consists of a Ground Floor plus 6 Floors and is built on a 2,700 sq ft plot. The property is 18 years old and includes a total of 38 studio apartments with different sizes, consisting of 12 large studios, 12 medium studios, and 14 small studios. The building also includes 3 commercial shops, providing an additional source of rental income.
The current annual rental income is approximately AED 688,000, with an expected annual income of around AED 800,000, offering potential to increase revenue through rental optimization and improved leasing performance.
The asking price is AED 7,400,000. This property is well suited for investors looking for an established income-generating asset in Sharjah, with diversified residential units, commercial spaces, existing rental income, and potential for future income growth.
Amenities
Furnished
Lobby in Building
Location
About Al Plaza Building
Learn more- Properties Listed3
- Price range2.3M - 7.8M
3.01 Review
Score Breakdown
- Anonymous
The building's location is very nice all the big supermarkets and malls are near to that area the new management is putting efforts to maintain the building well.
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Ahmed Gamal
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Response time
within 15 minutes
Languages
Arabic
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Regulatory information
Reference
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Listed
5 hours ago
Broker License
92005
Agent License
92005
Usually responds within 15 minutes
AL MUTAIRI REAL ESTATE L.L.C
Own this property from just
26,632 AED /month
Fixed rates from: 3.75%
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