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17
AED22,000,000
Est. Payment AED 79.2K/mo
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Abu Shagara, Sharjah
10+ Beds
10+ Baths
10,000 sqft

For sale: an investment building | Prime location in the Abu Shaghara area | Second plot on Al Wahda Street | Strong investment opportunity in Sharjah

Premium Investment Opportunity – Abu Shagara, Sharjah
Income-Generating Residential & Commercial Building for Sale
An excellent investment opportunity to acquire an established income-generating building in a strategic location in Abu Shagara, on the second plot from Al Wahda Street, one of Sharjah’s active residential areas.


Property Details
  • Plot Area: 10,000 sq. ft.
  • Building Structure: Ground Floor + 10 Floors
  • Total Residential Units: 60 Apartments
    • 20 Two-Bedroom Apartments with Living Rooms
    • 20 One-Bedroom Apartments with Living Rooms
    • 20 Three-Bedroom Apartments with Living Rooms

  • Retail Shops:

  • Building Age: 25 Years
  • Condition: Very well maintained
  • Maintenance: Regular maintenance and ongoing property management


Investment Figures
Annual Rental Income: AED 2,000,000
Asking Price: AED 22,000,000
Approximate Gross Annual ROI: 9.1%
Based on the stated annual income and asking price, before expenses.


Why Invest in Abu Shagara?

1. Established Residential Location
Abu Shagara is a well-known residential area in Sharjah, offering convenient access to essential services, retail outlets, and major roads.
With 60 residential apartments and 4 retail shops, the building offers diversified rental income sources. This can help reduce the impact of a vacant unit on the overall rental income.


3. Access to Everyday AmenitiesThe availability of shops, restaurants, and essential services in the surrounding area may help attract tenants, depending on the building’s exact location and the condition of its units.


4. Potential to Improve Investment ReturnsThere may be opportunities to increase rental income through improved property management, rental optimization, or renovations, subject to a detailed assessment of market rents and associated costs.


: About

RED LINE REAL ESTATE L. L. C. is a leading real estate brokerage company based in Sharjah, United Arab Emirates. We specialize in residential and commercial properties, providing professional and transparent services to clients and investors.
With a dedicated team and strong partnerships with leading developers, our mission is to deliver exceptional real estate solutions that create lasting value.
Our professional sales team ensures prompt follow-ups and immediate communication with every client, helping them find the best property options and investment opportunities.

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Reference no.Bayut - 106890-IaphFW
  • CompletionReady
  • Average Rent
  • Added on11 October 2026

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