Wohnung in Al Majaz，Al Majaz 3, 3 schlafzimmer, 449999 AED - 17131609

An excellent investment opportunity for sale in Al Majaz 3, Sharjah.

A tenanted apartment offering an annual investment yield of 10.4%.
Seize the opportunity to own a residential apartment in one of the most vibrant and sought-after areas in the Emirate of Sharjah—specifically in Al Shamsi 6 Tower, Al Majaz 3—at an attractive investment price, complete with an existing annual rental income.

Apartment Details
Location: Sharjah, Al Majaz 3
Tower Name: Al Shamsi 6
Size: 1,097 sq. ft.
Number of Bedrooms: 3
Spacious living area
Number of Bathrooms: 3
Floor: Ground Floor
Status: Currently tenanted
Sale: Direct from the owner

Financial and Investment Details
Selling Price: AED 450,000 only
Annual Rental Income: AED 47,000
Gross Investment Yield: Approximately 10.4% per annum
Property Features
Strategically located in the heart of Al Majaz 3, one of Sharjah’s most vibrant residential districts.
Close to essential services, amenities, shopping centers, and restaurants.
Currently tenanted, providing the investor with immediate rental income under the existing lease agreement.

Family-friendly layout with a practical interior design, featuring three bedrooms, a living area, and three bathrooms.
Competitive selling price relative to the annual rental income.
An ideal opportunity for investors seeking a residential property with a strong rental yield and long-term investment potential. The stated return is gross, before the deduction of service and maintenance fees and other expenses.