5,800,000

Own this from just

20,874 AED/month

Property details

Listed

3 hours ago

Property Type

Whole Building

Bathrooms

7+ Baths

Furnishing

Furnished

Area

2,516 ft²

Price per area

AED2,305/ft²

Available from

23 Sep 2026


WHOLE BUILDING FOR SALE IN AL MAJAZ 1, AL MAJAZ

Building for Sale in Al Shuwaiheen – Sharjah

Building for Sale in Al Shuwaiheen – Sharjah

A great investment opportunity to own an income-generating building in Al Shuwaiheen, Sharjah. The building is located in a vibrant area and offers a combination of residential units and commercial shops, providing multiple sources of rental income. It also includes vacant units, giving the new owner the potential to increase the annual income.

Property Details:

Location: Al Shuwaiheen – Sharjah
Plot Area: 2,516 sq. ft.
Number of Floors: 6 Floors
Total Studios: 36 Studios
Rented Studios: 29 Studios
Vacant Studios: 7 Studios
Commercial Shops: 4 Shops
Shop Status: All Shops Rented
Current Annual Income: AED 631,000
Asking Price: AED 5,800,000

The building consists of a total of 36 studios, including 29 currently rented studios and 7 vacant studios. In addition, the property includes 4 commercial shops, all of which are currently rented, providing the investor with an established annual income from both residential and commercial units.

One of the key investment advantages is the availability of 7 vacant studios. The new owner can potentially generate additional income by leasing these units, subject to prevailing market rental rates and tenancy terms.

The building benefits from diversified income sources, combining residential studios with commercial shops. This makes it suitable for investors looking for an existing income-generating property rather than a property that requires development or construction.

Al Shuwaiheen is a vibrant area in Sharjah with strong residential and commercial activity and convenient access to various services and facilities, making it suitable for both residential and commercial tenants.

The asking price for the entire building is AED 5,800,000, with a current annual income of AED 631,000. Based on the asking price, this represents an approximate gross rental yield of 10.88%, before expenses and operating costs.

The property is suitable for investors looking to own an investment buildi

Amenities

Furnished

Networked

Lobby in Building

Vastu-compliant


Location

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Al Majaz 1

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  • Properties Listed2
  • Price range360K - 48M

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Regulatory information
Regulatory information

Reference

2A8WZF1SS4SPRCBMJF4EKVE95M

Listed

3 hours ago

Broker License

940049

Agent License

92005

Agent Alhady   Mohamed

Alhady Mohamed

No ratings

Usually responds within 5 minutes

MUSTASHAR AL AWAL REAL ESTATE  L.L.C.SP developer Logo

MUSTASHAR AL AWAL REAL ESTATE L.L.C.SP

Exclusively on Property Finder

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20,874 AED /month

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