1 Bedroom + Balcony – Freehold – 4-Year Payment Plan – Exceptional Price – Prime Location – Unobstructed View – 10% ROI – Seize the Offe
- Al Mamsha
- Alef Group
- 1 bed
- 700 sq ft
Asking price
AED 690,000
Estimated confidence
Low
The asking price. No benchmark yet.
There aren't enough recent sales or comparable listings in Muwaileh Commercial to estimate a market value. So we show no discount and no profit figure.
- AED 986 per sq ft asked
Estimated confidence
A 0–100 score modelled from five signals. An estimate, not advice.
- Location
- 60 / 100
- Developer record
- 55 / 100
- Price gap
- 0 / 100
- Market demand
- 45 / 100
- Floor and view
- 65 / 100
Property details
- Property type
- Apartments
- Status
- Off-plan
- Developer
- Alef Group
- Bedrooms
- 1 bed
- Size
- 700 sq ft
- Floor
- Not listed
- View
- Not listed
- Building
- Al Mamsha
- Asking price per sq ft
- AED 986
- Area average per sq ft
- Not listed
- Service charge
- Not listed
- Emirate
- Sharjah
Cost breakdown
What it takes to close, fee by fee. Fees are estimated at standard rates.
- Asking price
- AED 690,000
- SRERD transfer fee (4%)
- AED 27,600
- NOC fee
- AED 5,000
- Legal and miscellaneous
- AED 4,000
- Total fees
- AED 36,600
- Total investment required
- AED 726,600
Things to check
Flags raised by this listing's own numbers. Worth a look before you move.
Off-plan — handover & completion risk
No rental income until handover, and returns depend on the developer delivering on time and to spec. Check the payment plan and completion date.
No market benchmark available
There are not enough recent sold transactions or comparable listings to estimate a market value for this property, so no discount or profit figure is shown.
Moderate confidence score
AI confidence is 39/100 — below the 85+ "strong buy" band. Worth extra diligence before committing.
Comparable sales, Al Mamsha
No comparable sales to show for this building yet.
Price per sq ft in Muwaileh Commercial
Modelled monthly average over the last 18 months.
Estimated rental yield
Based on average rents in Muwaileh Commercial.
Estimated net yield
4.7%
Estimated gross yield
6.1%
- Estimated monthly rent
- AED 3,500
- Estimated annual rent
- AED 42,000
- Service charge per year
- AED 6,300
- Net annual income
- AED 32,340
Assumes 92% occupancy. Real income varies with condition, furnishing and the market.
Three ways out. Compared.
No market benchmark yet, so each strategy starts from the asking price. Adjust the assumptions to match your view.
Off-plan values tend to rise fastest as handover nears. We start from 12% annual appreciation here. Change it under Edit assumptions.
Pre-handover flip
Assign the contract before completion.
- Sale priceest.
- AED 690,000
- Total costs
- AED 36,600
- Net profit
- −AED 36,600
- Return
- −5.0%
- Time to exit
- about 6 months
Sell at handover
Hold through completion, 18 months.
- Sale priceest.
- AED 817,855
- Total costs
- AED 36,600
- Net profit
- +AED 91,255
- Return
- +12.6%
- Time to exit
- about 18 months
Hold and rent
Rent it out after handover.
- Annual rentest.
- AED 55,200
- Service chargeest.
- AED 11,730
- Gross yield
- 7.6%
- Income starts
- After handover
Completion uplift plus the first year of rent after handover.
Projections are illustrative and depend on the assumptions above. Not financial advice.
Muwaileh Commercial, Sharjah
Approximate area location. The exact address is on the source listing.
Verify with SRERD.
FlipFinder surfaces opportunities. It does not confirm legal status. Check these first.
Registration
Confirm the unit and its ownership record with SRERD.
Title deed
Issued on completion. Until then, check the sale agreement and its registration.
Ownership type
Confirm whether the property is freehold or leasehold, and that you are eligible to buy.
The listing itself
Open the source listing and check its permit number, price and availability are current.