Immeuble à Abu Shagara, 11 chambres, 20500000 AED - 16900467

For Sale | Investment Building in Abu Shagara – Sharjah

An exceptional investment opportunity with an annual return of AED 2,100,000!

Bin Kuwair Real Estate is pleased to present an outstanding opportunity to acquire an investment building in the Abu Shagara area of Sharjah. Located just one plot away from Al Wahda Street, the property boasts a prime, high-activity location and a spacious plot. It generates a strong rental income and remains in excellent condition, thanks to regular maintenance and diligent property upkeep. Property Details:

Location: Abu Shagara – Sharjah
Prime Location: Second plot from Al Wahda Street
Land Area: 10,000 sq. ft.
Building Configuration: Ground floor + 10 floors
Number of Apartments: 60 units
Number of Commercial Shops: 4 units
Building Age: 25 years
Condition: Excellent; well-maintained and kept in good condition with regular maintenance
Annual Income: AED 2,100,000
Asking Price: AED 20,500,000

Apartment Breakdown:

20 units: 2 bedrooms + living room
20 units: 1 bedroom + living room
20 units: 3 bedrooms + living room
4 commercial shops

Investment Highlights:

Attractive annual rental income
Strategic location near Al Wahda Street
Large land area of 10,000 sq. ft.
Diverse range of residential units to meet tenant needs
Commercial shops that diversify income streams
Well-maintained building in excellent condition
Regular maintenance to ensure property quality

Why Abu Shagara?

Abu Shagara is a vibrant area in Sharjah, distinguished by its proximity to Al Wahda Street and major thoroughfares. It offers a wide range of services, commercial facilities, and residential amenities, making it an ideal location for long-term real estate investment. Asking Price: AED 20,500,000
Annual Income: AED 2,100,000

For inquiries and further information:

Bin Kuwair Real Estate