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11
AED24,000,000
Est. Payment AED 86.4K/mo
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Al Qasimia, Sharjah
7,000 sqft

For Sale Directly from the Owner | Residential & Commercial Building in Al Qasimia, Sharjah | 15 Years Old | Annual Income AED 2.2 Million | 20% Incre

For Sale Directly from the Owner | Residential & Commercial Building in Al Qasimia, Sharjah | 15 Years Old | Annual Income AED 2.2 Million | 20% Increase Potential | Asking Price AED 24 Million

For sale directly from the owner, a residential and commercial building in Al Qasimia, Sharjah, offering a strong investment opportunity for investors looking for a fully rented property with a high annual income and potential to increase the income by up to 20%.

The building is located in an excellent and strategic area in Al Qasimia, one of the established and highly demanded areas in Sharjah, with easy access to major roads, essential services, shops, restaurants, transportation, and other key facilities.

Property Details

Location: Al Qasimia, Sharjah

Property Type: Residential and Commercial

Building Configuration: Ground Floor + 3 Parking Levels + 10 Floors

Land Area: 650 square meters

Total Area: 7,000 square feet

Building Age: 15 Years

Property Components

40 Two-Bedroom Apartments with Living Rooms

11 One-Bedroom Apartments with Living Rooms

13 Studios

2 Commercial Shops

32 Parking Spaces

The building is fully rented.

Current Annual Income: AED 2,200,000

Potential Income Increase: Up to 20%

Asking Price: AED 24,000,000

This building represents an excellent investment opportunity, especially since it is fully rented and currently generates an annual income of AED 2.2 million, with the potential to increase the income by up to 20%, providing the investor with an opportunity for higher future returns.

The building offers a diverse mix of residential units, including a large number of two-bedroom apartments, one-bedroom apartments, and studios, in addition to commercial shops. This provides diversified income sources and makes the property suitable for long-term investment.

The 32 parking spaces are another important advantage, providing convenience for residents and tenants while adding to the property's overall investment value and attractiveness.

The location in Al Qasimia is highly attractive due to the strong and consistent demand for residential units in the area, as well as easy access to major roads, public transportation, shops, restaurants, schools, and essential services.

With a building age of 15 years, the property already has an established and stable income stream. It is an ideal choice for investors looking for a ready-to-invest property without the need to go through construction or wait for the leasing process.

A strong investment opportunity in Sharjah directly from the owner, featuring a fully rented residential and commercial building, high annual income, a large number of residential units, commercial shops, and parking spaces, with potential to increase the income by 20%.

Current Annual Income: AED 2,200,000

Potential Income Increase: 20%

Building Age: 15 Years

Total Area: 7,000 Square Feet

Asking Price: AED 24,000,000

Property Information

  • TypeCommercial Building
  • PurposeFor Sale
  • Reference no.Bayut - نادرالشارقة2
  • CompletionReady
  • Average Rent
  • Added on22 August 2026

Mortgage

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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