Appartement in Muwaileh Commercial，Al Mamsha, 420000 AED - 16586034

Studio for Sale in Al Mamsha, Sharjah | Great Price & 8% Rental Yield

An exceptional investment opportunity in the Al Mamsha project, Sharjah, priced at just AED 420,000, with an existing annual rental income of AED 33,000.

If you are looking for a property that combines an attractive price with rental income, this studio in Al Mamsha is a prime opportunity for investors seeking an annual return from a unit that is already tenanted.

Property Details
Project: Al Mamsha – Sharjah
Unit Type: Studio
Size: 400 sq. ft.
Property Status: Currently tenanted (annual lease)
Annual Rent: AED 33,000
Sale Price: AED 420,000
Approximate Gross Yield: 8.05% per annum (before service charges and other expenses).
Why is this studio a great investment opportunity?
Existing Rental Income

Invest in a unit that is already leased at AED 33,000 per year, providing immediate rental income rather than the hassle of purchasing a vacant unit and searching for a new tenant.

Attractive Purchase Price

At just AED 410,000, the property offers an excellent entry point for investors wishing to own a residential unit within the Al Mamsha project, while benefiting from the current rental income.

Al Mamsha Project – Sharjah

Al Mamsha is a modern residential development in Sharjah, distinguished by its contemporary design and an environment ideal for both living and investment. It features dedicated pedestrian walkways and a wide range of on-site facilities and services. Suitable for Real Estate Investment

This studio is a practical choice for investors seeking a 400-square-foot unit with an existing annual lease and a clear purchase price, enabling a thorough assessment of the expected return and an informed investment decision.

Deal Summary

Purchase Price: AED 410,000

Annual Income: AED 33,000

Gross Yield: Approximately 8.05%

Investment Type: Tenanted studio in Al Mamsha, Sharjah

Don't miss the opportunity to view this unit and review the details of the lease agreement and service charges.

Please contact us for inquiries or to schedule a viewing.