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15
AED550,000
Est. Payment AED 2.3K/mo
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Abu Shagara, Sharjah
3 Beds
3 Baths
1,295 sqft

**An Exceptional Investment Opportunity in Sharjah – Abu Shghara** **3-Bedroom Apartment with Living Room for Sale in Al-Ridwan Tower | Rental I

**An Exceptional Investment Opportunity in Sharjah – Abu Shghara**
**3-Bedroom Apartment with Living Room for Sale in Al-Ridwan Tower | Rental Income AED 55,000 per Year**
If you’re looking for an investment property with existing rental income in a lively location in Sharjah, here’s your chance to own a spacious apartment in Abu Shghara area, close to essential services and facilities.
**Property Details:**
**Location:** Sharjah – Abu Shghara – Al-Ridwan Tower
**Floor:** First
**Layout:** 3 Bedrooms and Living Room
**Area:** 1,295 sq. ft. (approximately 120 sqm)
**Current Rental Income:** AED 55,000 per year
**Annual Service Charges:** AED 4,200
**Price and Investment Details:**
**Asking Price: AED 550,000**
**Investment Highlights:**
Apartment already rented with standing annual income.
Prime location in Abu Shghara area.
Suitable space for families.
Real estate investment opportunity with rental returns.
**Approximate Gross Rental Yield: 10% per year** before deducting service fees and other expenses.
**A great opportunity for investors looking for existing rental income and a property in a prime Sharjah location. **
**For inquiries about the property and to schedule a viewing,

Property Information

  • TypeApartment
  • PurposeFor Sale
  • Reference no.Bayut - 6788-C9pFCr
  • CompletionReady
  • FurnishingUnfurnished
  • Average Rent
  • Added on20 October 2026

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