Gebouw in Al Madam，Al Qasimia City, 1171000 AED - 17006537

PRICE REDUCED to AED 1,171,000. A rare chance to own a mixed-use plot in Al Qasimia City, Al Madam, Sharjah, with 3 shops already built and an approved G+3 permit.

Property highlights

Plot area: 5,200 sq ft
3 shops already built on the plot
Approved permit: Ground + 3 floors
Permitted use: commercial/office and residential
Current income: expected AED 80,000 per year from the 3 shops
Expected ROI: 11% to 14% once the remaining floors are developed

Location advantages

Strategic position on the Dubai-Hatta road corridor, with quick access to Dubai, Ajman, Sharjah and Abu Dhabi
Part of the Al Qasimia City master development in Al Madam, a growing commercial and industrial hub
Strong road connectivity for shops, offices and residential tenants
Growing area with steady demand for commercial space and housing

Why this plot stands out

Income from day one: the 3 built shops are expected to bring in AED 80,000 a year.
Upside from development: build the upper floors for offices or residential units and aim for an expected ROI of 11% to 14%.
Permit already approved: the G+3 approval saves time and removes approval risk.
Sharp new price: now AED 1.171 million, an entry point that is hard to find for a plot with built shops and a permit.

Ideal for