2BR apartment in Al Majaz 2, Atlas Tower, 120 sqm, garden-view balcony, rented at AED 33K old rent. Asking AED 420K.

2-Bedroom Apartment for Sale in Al Majaz 2 – Atlas Tower, Sharjah
A great opportunity to own a spacious 2-bedroom apartment with living room in Al Majaz 2, Sharjah, located in Atlas Tower. The apartment offers a generous 120 sqm layout and features a balcony overlooking the garden, providing a pleasant residential setting.
The property is currently rented for AED 33,000 per year under an old rental contract, making it suitable for investors looking for an income-generating property from day one.
Current rental rates for similar 2-bedroom apartments in Al Majaz can reach approximately AED 45,000 annually, giving investors potential for stronger future rental returns subject to the existing tenancy agreement and applicable rental regulations.
Location: Al Majaz 2, Sharjah
Building: Atlas Tower
Layout: 2 Bedrooms + Living Room
Size: 120 sqm
View: Garden View
Balcony: Yes
Parking: No Parking
Asking Price: AED 420,000
An excellent option for end users and property investors looking for a well-sized 2-bedroom apartment for sale in Al Majaz, Sharjah, with an existing rental income.