Corner plot in Al Balida 3, Sharjah, measuring 2427 sq ft, priced at AED 405,000, opposite the mosque. According to market research in the Al Balida
Corner plot in Al Balida 3, Sharjah, measuring 2427 sq ft, priced at AED 405,000, opposite the mosque.
According to market research in the Al Balida area (Sharjah):
Corner plots of approximately the same size (around 2400-2600 sq ft) typically sell for between AED 400,000 and AED 450,000.
A very close example: A 2422 sq ft plot for around AED 405,000.
Your listing evaluation:
Area: 2427 sq ft (almost identical)
Price: AED 405,000 (within market range)
Location: Opposite a mosque (a positive feature that usually increases value)
Conclusion:
The price is reasonable and close to the current market price, not inflated, especially since:
Corner location = higher value
Opposite a mosque = desirable location
Within the current price range in Al Balida
Important note:
If the land:
On two or three streets → is considered a stronger investment
Or near a street Main/Garden → The price might be a little higher.
If you'd like, I can give you a more accurate assessment (whether it's an excellent opportunity or just average price). Just tell me:
The plot number or plan number
And does it have a building permit for a ground floor and how many floors?