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Residential commercial ground floor + 5 parking spaces + 15 floors, prime location, owned by citizens and GCC countries
Residential and commercial plot, ground floor + 5 parking floors + 15 floors, Al Nahda, Sharjah. Owned by GCC citizens.
Asking price: AED 9 million (negotiable).
Area: 974 square meters / 10,488 square feet.
Location: Al Nahda, Sharjah.
- Facing a 61-meter-wide main street.
- Owned by citizens, GCC citizens, and Arabs. Next to Al Nahda Park, very close to Sahara Center. Al Ittihad Street, Al Nahda Street, Sharjah Ring Road.
Design Ready:
Built-in area: 13,300 square meters / 143,000 square feet.
- Residential/commercial building, ground floor + 5 parking floors +
15 floors + roof.
- Retail shops.
- 96 parking spaces.
- 30 one-bedroom apartments.
- 60 two-bedroom apartments.
Project Status:
- Under construction. Completion rate: approximately 13%. - Infrastructure works are complete (including piles, retaining walls, ground foundations, and underground water tank).
Site Ready To build the tower, a time saving of approximately 8 months is required.
Development Feasibility
- The building's construction cost is approximately AED 27 million.
Total project cost (land + construction + government fees) is approximately AED 40 million.
Potential annual rent is approximately AED 402 million.
Potential selling price for the entire building is approximately AED 52 million.
- A detailed feasibility study and area calculations are available for interested buyers.
Asking price: AED 9 million (negotiable).
Area: 974 square meters / 10,488 square feet.
Location: Al Nahda, Sharjah.
- Facing a 61-meter-wide main street.
- Owned by citizens, GCC citizens, and Arabs. Next to Al Nahda Park, very close to Sahara Center. Al Ittihad Street, Al Nahda Street, Sharjah Ring Road.
Design Ready:
Built-in area: 13,300 square meters / 143,000 square feet.
- Residential/commercial building, ground floor + 5 parking floors +
15 floors + roof.
- Retail shops.
- 96 parking spaces.
- 30 one-bedroom apartments.
- 60 two-bedroom apartments.
Project Status:
- Under construction. Completion rate: approximately 13%. - Infrastructure works are complete (including piles, retaining walls, ground foundations, and underground water tank).
Site Ready To build the tower, a time saving of approximately 8 months is required.
Development Feasibility
- The building's construction cost is approximately AED 27 million.
Total project cost (land + construction + government fees) is approximately AED 40 million.
Potential annual rent is approximately AED 402 million.
Potential selling price for the entire building is approximately AED 52 million.
- A detailed feasibility study and area calculations are available for interested buyers.
Property Information
- TypeCommercial Plot
- PurposeFor Sale
- Reference no.Bayut - ibr1123
- CompletionReady
- Average Rent
- Added on31 July 2025
