60,000yearly
Property details
Listed
1 month ago
Property Type
Apartment
Bedrooms
2 Beds
Bathrooms
2 Baths
Number of cheques
6
Furnishing
Furnished
Area
1,250 ft²
Available from
20 Jul 2026
**Exceptional Investment Opportunity in the Heart
A rare investment opportunity available for transfer in the Emirate of Sharjah, ideal for investors seeking a ready-to-operate business that generates immediate monthly income without the need for additional setup or renovation costs. The property is located in **Al Majaz 3**, one of Sharjah's most vibrant and highly sought-after residential areas, close to **Khalid Lagoon**, behind **Corniche Hotel Sharjah**, and next to **Etisalat**, offering a strategic location with strong year-round rental demand.
The opportunity consists of a **two-bedroom apartment with a living room**, professionally divided into **15 rental partitions**, creating an excellent income-generating investment with the potential to achieve **monthly rental income of up to AED 14,000** under effective management.
The annual apartment rent is **AED 60,000**, payable in **6 installments**, and a **new tenancy contract** will be issued in the new tenant's name upon completion of the transfer.
The required **transfer fee is AED 40,000**, with slight room for negotiation for serious buyers.
This investment stands out for its low initial capital compared to the expected return. It is a fully operational business that generates income from the first day of ownership, requires no additional setup or renovation expenses, and is located in a prime area with consistently high rental demand throughout the year.
For more information or to arrange a viewing, please contact us today.
Amenities
Furnished
Balcony
Central A/C
Security
View of Water
Concierge
Vastu-compliant
Lobby in Building
Location

About Al Majaz Pearl
Learn moreAl Majaz Pearl in Al Majaz offers Studio To 3 Bedrooms properties averaging 400 - 2,800 sqft. It currently has 73 active rental listings.
- Properties Listed73
- Price range22.9K - 75K /year
Price Insights
This property costs 23% more than the average price of 2 bedroom in Al Majaz
Average Rent is 48,745 AED
This property is 17% smaller than the average size of 2 bedroom in Al Majaz
Average size is 1,503 sqft
The data displayed is based on average prices and sizes of all listings that were live on Property Finder in Al Majaz
Provided by
3M Real Estate LLC
See agency properties (650)Response time
within 5 minutes
Experience
3 years
Languages
English, Arabic
Regulatory information
Regulatory information
Reference
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Listed
1 month ago
Broker License
136247
Agent License
3670

