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    AED 67,000,000
    • 120,000 sq. ft.
    • Commercial
    • AED 67,000,000
    • AED 558.00
    • 11 July 2019
    • CLS-S-1066
    • Completed
    • N/A

    Property Description

    Exclusive with Savills!

    A beautiful mix use building for sale in Sharjah, Majaz 2.
    Al Majaz is an area in Sharjah which has in the recent past become hugely popular among the citizens and residents. Al Majaz is divided into Al Majaz 1, Al Majaz 2 and Al Majaz 3, and they are situated around the Khalid lagoon.

    Project Details:
    GROUND + 18 STOREY TOWER

    GROUND FLOOR: 2 RETAILS
    FIRST FLOOR: 7 OFFICES
    2nd to 18th Floors: 119 Apartments (17 x 3beds & 102 x 2beds)
    Plot Size: 1069.10 Sqm (Corner Plot)

    GROSS YEARLY INCOME: AED 7,300,000 approx.
    Net rental yield: 5.6%

    SELLING PRICE: AED 70,000,000

    About Sharjah

    • Sharjah has an approximate area of 236 km
    • Third largest and third most populous city in the United Arab Emirates
    • Located along the northern coast of the Arabian Peninsula.
    • Known for being more conservative than its southern neighbor, Dubai, Sharjah is widely considered the nations cultural capital.
    • Contributes significantly to UAE economy making it a key player in economic development.
    • Sharjah enjoys strong tenant demand / high occupancy rates .
    • Demand for rented accommodation is expected to continue to be buoyed by expanding level of economic activity and job creation.
    • Political instability across parts of the Middle East has continued to generate a steady stream of new tenants for Sharjah.
    For Inquiries and Viewing, call our Sales Department on

    Office Location: 2702-C Marzouqi Towers, King Faisal Street, Qasimia, Sharjah, UAE


    PROPERTY FEATURES:
    -Balcony
    -Basement parking
    -Broadband ready
    -Built in wardrobes
    -Central air conditioning
    -24 hours Maintenance
    -Bank/ATM Facility
    -Bus services
    -Children's nursery
    -Mosque
    -Public park
    -Public parking
    -Public transport
    -Restaurants
    -School
    -Shopping mall
    -Shops
     

    Property Features

    • Balcony
    • Basement parking
    • Broadband ready
    • Built in wardrobes
    • Central air conditioning
    • Children's nursery
    • Mosque
    • Public park
    • Public parking
    • Public transport
    • Restaurants
    • Shopping mall
    • Shops
    • AC
     

    Ratings & Reviews

    Overall rating of Al Majaz:

    Good (78.23%) 43 vote(s)

    Ratings breakdown:

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    Advertiser Details

    Agent Name

    Farhan Shaukat

    Real Estate Agency Details

    Savills Sharjah

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    Own this property from just
    AED/month
    Fixed rates from 3.75%
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