Apartment for Sale in Abu Shagara – Sharjah - First floor, front corner unit - Attractive investment opportunity with a 10% gross rental

Apartment for Sale in Abu Shagara – Sharjah
Property Type: 3-Bedroom Apartment with Living Room
Location: Abu Shagara, Sharjah
Area: Approximately 1,292 sq. ft.
Details: First floor, front corner unit, no parking space.
Asking Price: AED 550,000
Annual Rental Income: AED 55,000
Annual Gross Rental Yield: 10%
Annual Service Charges: AED 4,200
Yield After Service Charges: Approximately 9.24%
Tenancy Contract Expiry: 05/05/2027
Property Highlights:
Front corner apartment in a prime location.
Spacious layout suitable for families.
Currently rented for AED 55,000 annually.
Attractive investment opportunity with a 10% gross rental yield before service charges.
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