Studio for Sale in RD5, Al Mamsha - Ready to move
Presented by Address Properties a ready to move Studio in RD5 Building with Partial Pool view in Sharjah
Proeprty Details
Studio
1 Bathroom
Partial Pool View
Parking
312 Sqft
Kitchen Appliances Included
Price: AED 400,000
Best price in the market right now the rent you can search for studios in the same project is from 32k to 40k
Book your viewing today, and get the chance before anyone!
Karim Essam
Address Properties
Simple Investment Return Study for Investors
Purchase Price: AED 400,000
Annual Rent: AED 35,000
Service Charges: AED 3,744
Net Annual Income:
AED 35,000 - AED 3,744 = AED 31,256
The estimated net ROI is approximately 7.8% annually before additional expenses such as Property management fees, Vacancy periods, and Minor interior maintenance
About Al Mamsha Community
Spread across 3 million sq. ft., Al Mamsha is a mixed-use development in Muwaileh Commercial, Sharjah. It is the first walkable community of the emirate, with walkways and sidewalks complemented with green spaces. The project by Alef Group has three zones, each offering a wide range of amenities. It is situated just off Sheikh Mohammed Bin Zayed Road (E311), adjacent to Khalid Bin Sultan Al Qasimi Boulevard Road.