Residential land for sale in Al-Sahma (Al-Ruwaidat Suburb) | Freehold ownership for Arabs | Building permit for ground floor + two floors

Type

Land

Purpose

Sale

Updated

21st May 2026

Completion Status

Ready

An exceptional investment opportunity in the heart of the Al Yarmouk area, Sharjah! For investors looking for properties with guaranteed returns and the potential for development and increased income; a residential building in a strategic and lively location close to all services.
Property details:
Height: Ground + first floor (G+1)
Number of apartments: 8 residential apartments (each apartment consists of a bedroom and a living room)
Building condition: Very good (excellent and strong structure, requires minor maintenance touches to increase its market value)

Financial and investment data:
Current income: 140,000 AED per year (with old contracts – less than the current market value of the area)
Asking price: 1,600,000 AED
Current yield: approximately 9% (with a golden opportunity to increase the yield to more than 11% by updating the apartments and re-leasing them at the current market value).

Important notes:
The building is a "steal" opportunity for smart investors looking to rehabilitate and increase cash flow.
The attached image is for illustration only and to maintain owners’ privacy.
The exact location and interior photos will be provided only to serious buyers upon contact (according to management’s discretion).

Posted on: 21st May 2026