Immediate investment in Sharjah - Abu Shagara - a fully modern, rented tower with a high return!

Type

Commercial Building

Purpose

Sale

Furnishing

Unfurnished

Updated

17th May 2026

Completion Status

Ready

Residential and Commercial Tower for Sale – A Prime Investment Opportunity in the Heart of Sharjah

📍 Location: Sharjah, Abu Shagara Area
📐 Area: 930 sq m (10,000 sq ft)
🔹 Tower Specifications:
Number of Floors: 21
1 Ground Floor
15 Residential Floors
5 Parking Floors
4 Retail Shops
🏠 Residential Unit Details:
60 One-Bedroom Apartments
30 Two-Bedroom Apartments
🔸 Total Number of Apartments: 90
🕓 Tower Age: Approximately 2 years
🏗️ Status: Fully Leased
💰 Annual Income Details:
One-Bedroom Apartment Rent: AED 29,000
Two-Bedroom Apartment Rent: AED 40,000
4 Retail Shop Rentals: AED 160,000
🔹 Total Annual Income: AED 3,100,000
🔹 Net Income: Approximately AED 3,000,000

(Annual expenses range from AED 20,000 to AED 40,000 only – AC is the tenant's responsibility) Located in the heart of Sharjah, near major shopping and service centers;

• Just minutes from City Centre Sharjah and Corniche Al Buhaira.

• Easy access via Al Wahda Street (E11) and King Faisal Street.

🛍️ Close to services and amenities

• Next to Spinneys, Victoria's Secret, and Rolla Square Park.

• Surrounded by numerous restaurants, cafes, and shops.

• Near Al Zahra Hospital, medical centers, and schools.

🌅 Stunning views

• Some apartments offer views of Khalid Lagoon and Al Noor Mosque.

• A quiet, family-friendly area with all amenities available.

🚗 Easy access and transportation

• Minutes to Industrial Area 4 and Dubai via E11.

• A major road network provides easy access to anywhere in Sharjah or Dubai.

💼 Ideal location for living or investment

• High-demand rental area thanks to its proximity to business and shopping centers.

• Stable investment returns thanks to its central location and upscale family environment.

🏷️ Asking price: AED 45,000,000

Posted on: 6th November 2025