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# Investment Building for Sale in Abu Shagara | Ground Floor + 10 Floors | 60 Apartments | 4 Shops
## Property Details
An excellent investment opportunity to purchase an **existing investment building in the Abu Shagara area of Sharjah**. It boasts a prime location—**second row from Al Wahda Street**—in an area known for its proximity to essential services and the emirate's major thoroughfares.
The land area is **10,000 square feet**. The building comprises a **ground floor plus 10 upper floors**, featuring a total of **60 residential apartments**, along with 4 retail shops and ground-level parking.
### Unit Composition
* 20 apartments: 2 bedrooms + living room
* 20 apartments: 1 bedroom + living room
* 20 apartments: 3 bedrooms + living room
* 4 retail shops
* 19 ground-level parking spaces
## Property Condition
The building is approximately **25 years old** and has been well-maintained, benefiting from regular upkeep and continuous property management.
## Income and Investment Return
Stated annual income: **AED 2,000,000**
Asking price: **AED 22,000,000**
Approximate gross return: **9.1% per annum** (calculated based on the stated annual income versus the sale price, prior to the deduction of expenses and costs).
An excellent investment opportunity to purchase an **existing investment building in the Abu Shagara area of Sharjah**. It boasts a prime location—**second row from Al Wahda Street**—in an area known for its proximity to essential services and the emirate's major thoroughfares.
The land area is **10,000 square feet**. The building comprises a **ground floor plus 10 upper floors**, featuring a total of **60 residential apartments**, along with 4 retail shops and ground-level parking.
### Unit Composition
* 20 apartments: 2 bedrooms + living room
* 20 apartments: 1 bedroom + living room
* 20 apartments: 3 bedrooms + living room
* 4 retail shops
* 19 ground-level parking spaces
## Property Condition
The building is approximately **25 years old** and has been well-maintained, benefiting from regular upkeep and continuous property management.
## Income and Investment Return
Stated annual income: **AED 2,000,000**
Asking price: **AED 22,000,000**
Approximate gross return: **9.1% per annum** (calculated based on the stated annual income versus the sale price, prior to the deduction of expenses and costs).
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 110167-y9PEP2
- CompletionReady
- FurnishingFurnished
- Average Rent
- Added on23 September 2026
Validated Information
Mortgage
Calculate and view the monthly mortgage on this commercial building
Building Information
Features / Amenities
Furnished
Balcony or Terrace
Parking Spaces: 19
Electricity Backup
+ 29 more amenities
