Affordable Ownership in Al Mamsha – Studio in a Vibrant Walkable Community at AED 470K

Type

Apartment

Purpose

Sale

Furnishing

Furnished

Average Rent

AED 49,304 Yearly

Updated

2nd November 2026

Completion Status

Ready

For Sale: Partitioned Studio in Souks Al Mamsha – Sharjah | AED 470,000
A great opportunity to own a partitioned studio in Al Mamsha, a modern and fully integrated residential community developed by Alef Group, one of Sharjah’s leading developers. The property offers a total area of 489 sq. ft., in addition to a dedicated parking space of 148 sq. ft.
Located in Souks Al Mamsha, at the heart of the Al Mamsha community, the property benefits from a vibrant setting featuring a modern pedestrian-friendly lifestyle, with a variety of retail shops, restaurants, cafés, and everyday conveniences. This makes it an attractive location for both residential living and investment.
The project enjoys a strategic location in Muwaileh Commercial, close to University City and City Centre Al Zahia, with easy access to Sheikh Mohammed Bin Zayed Road, Sharjah International Airport, and Sharjah’s key destinations.
Property Details:

Property Type: Partitioned Studio
Built-up Area: 489 sq. ft.
Parking Area: 148 sq. ft.
Selling Price: AED 470,000
Currently Rented for AED 34,000 annually
Tenancy Contract Valid Until July 2027

Location Highlights:

Approximately 2–4 minutes to University City.
Approximately 4 minutes to Sheikh Mohammed Bin Zayed Road.
Approximately 5 minutes to 06 Mall.
Approximately 5–9 minutes to Sharjah International Airport.
Close to schools, universities, shopping malls, and essential amenities.

An excellent opportunity for investors looking for a property with existing rental income at an attractive price, or for buyers seeking to own a unit in a modern, well-connected residential community with promising future value.

Posted on: 2nd November 2026