Income-Generating Commercial Land

Type

Land

Purpose

Sale

Updated

20th October 2026

🔑 Rare Freehold Development Opportunity – Al Wahda Street, Sharjah

Direct from Owner – No Commission

A unique opportunity to acquire a prime corner plot in the high-demand Al Wahda District, ideally situated just steps from Sharjah City Center and near Dubai’s key landmarks. This land is fully permitted and development-ready for a 9-floor residential building with highly marketable one-bedroom units.

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📍 Location Highlights
• ✅ 500m from Sharjah City Center Mall
• ✅ 800m from Al Majaz Waterfront
• ✅ 2.5 km from major schools and academies
• ✅ 10 mins to Al Majaz Park
• ✅ 15 mins to Dubai International Airport
• ✅ 20 mins to Dubai Mall

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📐 Property & Project Overview
• Plot Size: 20,254 sq. ft.
• Permits Approved:
• Ground + Parking + 7 Residential Floors (9 floors total)
• Units Planned:
• 84 x 1-Bedroom Apartments, approx. 625 sq. ft. each
• Parking:
• 1 full floor with 84 covered parking spaces

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🎯 Special Advantages
• Freehold Ownership for all Arab nationalities & 99 Lease for international citizens
• No Commission – Direct from Owner
• Pre-sale Approval: Developers are permitted to sell units before construction begins
• Efficient Design: Only 1 parking floor, reducing concrete, excavation, and time – estimated AED 5M+ in savings

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💰 Financial Highlights
• Land Asking Price: AED 5,000,000 (AED 247/sq. ft.)
• Estimated Construction Cost: AED 15M – 17M
• Expected Sale Price per Unit: AED 650,000
• Total Revenue Potential: AED 54.6M
• Estimated Net Profit: AED 33M+

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🏗️ Project Features
• ✅ Modern, efficient floorplans
• ✅ Concierge & wide reception lobby
• ✅ Rooftop 360° panorama sports complex
• ✅ All major utilities & connectivity in place
• ✅ Strategic urban location for maximum ROI

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📌 Why Al Wahda District?

“Al Wahda District shortens the path of life. It’s connected, urban, and equipped with all the essentials modern residents demand. Walkable, accessible, and central to both Sharjah’s heart and Dubai’s reach.”

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📞 For Direct Buyers & Developers

If you’re a qualified developer or investor interested in a zero-commission, high-margin project in a rapidly growing location, this opportunity is unmatched.

Posted on: 20th October 2026