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AED18,700,000
Est. Payment AED 67.3K/mo
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Al Majaz 1, Al Majaz, Sharjah
10+ Beds
10+ Baths
10,000 sqft

For Sale Prime Investment Building in Al Majaz 1

For Sale: Prime Investment Building in Al Majaz 1 – Strategic Location and Strong Income
A rare investment opportunity in the heart of Al Majaz 1
Property Details:

Ground floor + 11 floors

44 apartments (two bedrooms and a living room)

4 retail shops

Area: 10,000 sq ft

Building Age: Over 20 years

Current Income:

AED 2,100,000 annually
Features:

Comprehensive building maintenance is currently underway

Two brand new elevators have been installed

Prime location in Al Majaz 1

Opportunity to increase returns after renovation and maintenance
Asking Price:

AED 18,700,000
Investment Note:
This building is ideal for investors seeking a stable income with the potential to increase returns after the completion of maintenance and improved unit management.

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Reference no.Bayut - 103719-48Tb1Y
  • CompletionReady
  • Average Rent
  • Added on8 June 2026

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