WhatsApp Image 2026-08-16 at 1.10. 21 AM. jpeg
11
AED37,000,000
Est. Payment AED 133.2K/mo
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Al Taawun, Sharjah
7,200 sqft

Brand-New Luxury Building for Sale in Al Mamzar, Sharjah | Al Taawun Street | AED 3M Income | 8.1% ROI | AED 37M

BRAND-NEW LUXURY BUILDING FOR SALE – AL MAMZAR, SHARJAH
Directly on Al Taawun Street
Near Al Mamzar Lake, Al Mamzar Corniche & Ansar Mall
Expected Annual Income: AED 3,000,000
Expected ROI: 8.1%
Asking Price: AED 37,000,000

INVESTMENT STARTS FROM DAY ONE The first year is fully guaranteed by the contractor, with operating expenses covered according to the agreement, allowing the investor to start with a stable income structure and no operating burden during the first year.

BUILDING DETAILS Built-up Area: 7,200 Sq. Ft.
10 Residential Floors
4 Parking Floors
Ground Floor with a luxurious entrance, service facilities and 3 large commercial shops.

RESIDENTIAL UNITS 60 Apartments in Total
40 One-Bedroom Apartments – 60 m²
20 Two-Bedroom Apartments – 90 m²
16 apartments have already been leased.
The building is intended for full rental operation; individual apartments are not sold separately.

INCOME & ROI Expected Annual Income: AED 3,000,000
Expected ROI: 8.1% annually
Asking Price: AED 37,000,000
Estimated operating expenses after the first year are approximately AED 150,000 annually, based on the provided information.

STRATEGIC LOCATION Directly on Al Taawun Street
Near Al Mamzar Lake & Corniche
Close to Ansar Mall
Easy access to Dubai and Sharjah
Surrounded by schools, hospitals, shopping centers, restaurants and essential services
Modern luxury finishes
Designed as a fully rental-focused investment asset
A premium investment opportunity combining strategic location, modern construction and attractive rental potential.
Serious investors are invited to contact us for full details and to arrange a viewing.

Property Information

  • TypeCommercial Building
  • PurposeFor Sale
  • Reference no.Bayut - 6788-82XgmB
  • CompletionReady
  • Average Rent
  • Added on16 August 2026

Mortgage

Features / Amenities

Balcony or Terrace
Parking Spaces: 4
Maids Room
Centrally Air-Conditioned
+ 20 more amenities

Trends & Indices

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.

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