Brand New Residential Building in Al Khan, Sharjah
FOR SALE – Brand New Residential Building in Al Khan, Sharjah
Prime Location | Excellent ROI | Under Warranty
Property Type: Residential + Commercial Building
Location: Al Khan, Sharjah
Asking Price: AED 24,000,000
Current Annual Income: AED 1,795,500
Potential Full Occupancy Income: AED 2,027,500
Property Overview:
An exceptional investment opportunity in the vibrant and centrally located Al Khan area of Sharjah. This newly constructed building is less than a year old, still under warranty, and offers immediate income with significant upside potential.
Building Specifications:
Contact Name: Noufal
Phone:
Email:
SEAGATE PROPERTIES – Your Trusted Partner in Real Estate Investment
Prime Location | Excellent ROI | Under Warranty
Property Type: Residential + Commercial Building
Location: Al Khan, Sharjah
Asking Price: AED 24,000,000
Current Annual Income: AED 1,795,500
Potential Full Occupancy Income: AED 2,027,500
Property Overview:
An exceptional investment opportunity in the vibrant and centrally located Al Khan area of Sharjah. This newly constructed building is less than a year old, still under warranty, and offers immediate income with significant upside potential.
Building Specifications:
- Configuration: Basement + Ground + 7 Floors
- Total Apartments: 42 Units (6 Units per Floor)
- 5 Two-Bedroom Apartments per Floor
- 1 Three-Bedroom Apartment per Floor
- Retail Shops: 3 (All currently vacant, allowing for future rental growth)
- Parking:
- 30 Spaces Currently Utilized
- 27 Additional Basement Parking Spaces Available
- SEWA (Electricity & Water)
- Watchman Salary
- Sewage Removal
- (No other recurring operational overheads)
- Modern building with high-quality construction
- Located in a well-connected, high-demand area
- Under structural warranty – less than 1 year old
- Ideal for long-term investment with strong appreciation potential
- Easy access to public transport, major roads, schools, and shopping centers
- High occupancy rate with room for rental growth
- Commercial shop rental potential not yet realized
- Strong current income with low operating costs
- Rare opportunity for a clean, modern asset in Al Khan
Contact Name: Noufal
Phone:
Email:
SEAGATE PROPERTIES – Your Trusted Partner in Real Estate Investment
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 106817-ZvLiZA
- CompletionReady
- Average Rent
- Added on23 May 2025
Features / Amenities
Storage Areas
Waste Disposal
Maintenance Staff
Cleaning Services
+ 1 more amenities
