Bayut - 109997-UTpFDN

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AED460,000

Est. Payment AED 1.9K/mo

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Al Khan, Sharjah

2 Beds

2 Baths

952 sqft

Fully Renovated 2BHK Apartment for Sale in Al Khan Sharjah Near Afamia | Rented @ 50K New Contract | High ROI Deal | AED 460K

Apartment for sale Al Khan Sharjah, 2BHK for rent Taawun Street, Fully renovated apartment, Rented apartment for sale, High ROI investment Sharjah, Property investment Sharjah, Sharjah Real Estate.
An exceptional turnkey investment opportunity is now available for smart investors in the prime vibrant district of Al Khan / Al Taawun Street, Sharjah, situated directly next to Afamia Store. This 2-bedroom apartment is Fully Renovated (AED 80,000 invested in upgrades) and is already Rented out on a new contract at AED 50,000/year, delivering immediate rental income and an impressive ROI.
Key Property Highlights & Specifications:

Condition & Upgrades: Fully Renovated with high-end modern finishes and fixtures worth AED 80,000.
Size & Layout: Built-up area of 952 Sq. Ft (88 Sq. M) featuring 2 spacious Bedrooms + A bright, spacious Living & Dining hall.
Store & Bathrooms: Includes a dedicated Store Room for clutter-free living + 2 Modern Clean Bathrooms.
Prime Location: Positioned on Al Taawun Street in Al Khan next to Afamia Store, steps away from all commercial services.
Note: Property sold without a designated parking slot.
Building Features: Well-maintained family building with 24/7 security, CCTV monitoring, fast elevators, and reliable maintenance.

Financial Breakdown & Investment Metrics:

Asking Price: AED 460,000 Only (Unbeatable value for a fully upgraded, income-generating unit in Al Khan).
Current Rental Income: Rented at AED 50,000 / Year (New Lease Contract), generating a massive gross ROI of nearly 10.8%.
Annual Maintenance Fees: AED 4,500 Only per year.

Prime Location & Connectivity: Ideally located on Al Taawun Street, Al Khan, next to Afamia Store, close to Al Khan Beach, Al Qasba Canal, and Mamzar Corniche. Surrounded by major hypermarkets, cafes, and popular dining options, with quick and easy exit access directly to Dubai.

For Viewings and Immediate Purchase (Bassem Hany): Please call or WhatsApp: