Appartement in Aljada, 450000 AED - 16947872

An Excellent Investment Opportunity at Reev – Aljada (with a Balcony)

Studio for sale—ready to generate rental income from day one!

If you are looking for a property that combines a prime location with rental returns, this is your chance to own a studio in the "Reev" project within Aljada—a prominent residential development in Sharjah. It is conveniently located near Carrefour, various restaurants, GEMS school, and essential daily services.

Property Details:

Location: Reev – Aljada, Sharjah

Property Type: Studio

Size: 345 sq. ft.

Asking Price: AED 480,000

Status: Currently tenanted

Annual Rental Income: AED 32,000

Property & Project Features:

Balcony for outdoor enjoyment

Dedicated parking space

24/7 security and surveillance

Swimming pool and recreational facilities

Proximity to dining, shopping, and daily amenities

Tenanted property, providing immediate income to the investor under the terms of the existing lease agreement

Investment Return:

Total Annual Rent: AED 32,000

Purchase Price: AED 480,000

Gross Rental Yield: Approximately 6.67% per annum (before deducting service charges, maintenance fees, or other expenses).

Why Choose This Studio?

An ideal opportunity for investors seeking annual rental income, or for those looking to own a property in a vibrant area of Sharjah—with the added benefit of an existing tenant, saving you the effort of searching for a new one. To get in touch, learn more details, or schedule a viewing, please contact us.