Edificio en Al Nabba, 1100000 AED - 16179344

An exceptional, shovel-ready development opportunity to acquire a Prime Commercial & Residential Land Plot in the established urban district of Al Nabba'a, Sharjah.
This property commands an advantageous corner position fronting internal paved asphalt roads and is 100% ready for immediate construction. The land comes with an approved building permit for a Ground + 4 Floors ($G+4$) building, configured for 5 ground-floor commercial shops and 4 typical residential floors (3 one-bedroom apartments per floor, totaling 12 apartments).
Substantial government, utility, and civil defense permit fees have already been fully paid by the owner, significantly lowering upfront development costs and eliminating administrative delays.
The property is offered at a final net price of AED 1,100,000 (Sharjah Municipality transfer fees to be borne by the buyer).
Property & Approved Construction Details

Location: Al Nabba'a, Sharjah
Plot Position: Corner Plot on Paved Internal Asphalt Streets
Property Type: Commercial / Residential Land
Approved Building Permit: Ground + 4 Typical Floors ($G+4$)
Approved Unit Breakdown:
- 5 Ground-Floor Commercial Retail Shops
- 12 Residential Apartments: 4 floors $\times$ 3 One-Bedroom apartments per floor
Construction Readiness: 100% Ready to Build with all drawing approvals in place

Pre-Paid Government & Utility Fees Included

Electricity (SEWA) Connection Fees: AED 200,000 Pre-Paid
Additional Floor Municipal Fees: AED 165,000 Pre-Paid
Civil Defense, Municipality, Telecom & Other Official Fees: AED 50,000 Pre-Paid
Total Pre-Paid Value: Over AED 415,000+ already settled

Financial Details

Net Final Selling Price: AED 1,100,000
Transfer Terms: Municipality transfer fees payable by the buyer

Highlights

Over AED 415K in Pre-Paid Approvals: Save significant capital and start construction immediately without administrative waiting periods.
High-Demand Unit Mix: 5 retail shops and 12 one-bedroom apartments provide an optimal formula for rapid tenant leasing and maximum rental yield.
Central Al Nabba'a Location: Mature, high-occupancy central district moments away from Kuwait Hospital, Al Rolla, Al Zahra Street, and the waterfront Corniche.

Contact
AHMED JAWISH –

Al Aqar Althahabi Real Estate