Own a Studio in Al Mamsha, Sharjah | AED 34K Annual Rental Income for AED 450K

Type

Apartment

Purpose

Sale

Furnishing

Furnished

Average Rent

AED 31,552 Yearly

Updated

13th October 2026

Completion Status

Ready

Studio for Sale in Al Mamsha – Souks Al Mamsha | 7.55% Rental Yield | AED 450,000

An excellent investment opportunity to own a studio in Souks Al Mamsha by Alef Group, Sharjah. Spanning 404 sq. ft., the property is currently rented for AED 34,000 per year, generating an approximate gross annual rental yield of 7.55% based on the asking price.

Property Details

Type: Studio
Size: 404 sq. ft.
Asking Price: AED 450,000
Annual Rental Income: AED 34,000
Status: Rented, generating ongoing rental income

About the Developer – Alef Group

Alef Group is a real estate developer in Sharjah, focusing on modern residential communities that combine contemporary design, quality of life, and integrated amenities. Al Mamsha is one of its prominent developments.

About Al Mamsha – Souks Al Mamsha

Al Mamsha is one of Sharjah’s modern urban communities, spanning approximately 3 million sq. ft. It features a contemporary design that combines residential units with retail outlets, restaurants, and essential services, creating a convenient lifestyle environment.
Souks Al Mamsha is located within the heart of the community, offering a convenient mix of residential living, shopping, dining, and everyday services. This enhances the area's appeal to residents and tenants while supporting its investment potential.