Wohnung in Muwaileh Commercial，Al Mamsha, 470000 AED - 16905770

Spacious Studio for Sale in Al Mamsha, Sharjah | 480 Sq. Ft. | AED 470,000Investment Opportunity in the Heart of Al Mamsha, Sharjah
A spacious 480 sq. ft. studio apartment, unfurnished and currently rented for AED 34,000 per year. An excellent option for investors seeking an established rental income or buyers looking to own property in a well-integrated residential community.
Property Details

Property Type: Spacious Studio
Size: 480 sq. ft.
Selling Price: AED 470,000
Furnishing: Unfurnished
Annual Rental Income: AED 34,000

About Al Mamsha, Sharjah
Al Mamsha is one of Sharjah’s prominent modern residential communities, developed by Alef Group. It features contemporary architecture, pedestrian-friendly streets, open spaces, retail outlets, and essential amenities, offering residents a convenient and vibrant lifestyle.
Location Advantages for Living and Investment

A modern community combining residential living, shopping, and everyday amenities.
Ideal for individuals, professionals, and tenants seeking practical accommodation.
Strategic location near University City and key destinations in Sharjah.
Studio apartments offer an attractive option for investors exploring rental income opportunities.

Nearby Key Destinations

University City, Sharjah
Sharjah International Airport
City Centre Al Zahia
Sheikh Mohammed Bin Zayed Road (E311)
Major commercial and service areas across Sharjah

Investment Returns
With an annual rental income of AED 34,000 and a selling price of AED 470,000, the property offers an approximate gross rental yield of 7.23% per year, before service charges, maintenance, and other expenses.
An attractive opportunity to own an income-generating property in one of Sharjah’s modern residential communities.