Nabah Building — 44-Unit Residential Building for Sale

Nabah Building is a fully operational G+7 residential building in Sharjah, offered through Oplus International Realty at AED 11.5 million. The building generates AED 870,500 in documented annual income across 44 apartments, two retail shops, and a rented rooftop — a gross yield of 7.57% at the asking price.

Investment Snapshot

Why the Income Profile Stands Out

Income here comes from three separate streams: residential rents across 44 small units, two ground-floor retail shops, and a corporate rooftop lease running on a 5-year renewable term. Small-unit buildings spread vacancy risk — losing one tenant affects roughly 2% of income, not 20%. The rooftop contract adds a fixed commercial component most residential buildings in this price bracket do not have.

For context, asking prices for residential buildings in Sharjah currently range from roughly AED 7 million upward, which places Nabah Building at the accessible end of the whole-building market while still delivering institutional-style income diversification.

What Buyers Should Verify Before Committing

Oplus presents this as an income asset, and income assets are bought on documents, not descriptions. Before transfer, our team arranges access to: the current tenancy schedule (Tawtheeq contracts), the rooftop lease agreement and its renewal terms, service and maintenance cost records, and the title deed. We cannot confirm future renewal behaviour of the rooftop tenant beyond the current contract term, and buyers should price that into their assessment.

One structural consideration: at this price point, ongoing maintenance for a 44-unit building typically runs higher per square foot than a single large asset. Request the last two years of operating expenses to calculate net — not gross — yield before making an offer.

Ownership Eligibility

Whole-building ownership rules in Sharjah depend on location. Inside designated investment zones, all nationalities can buy; outside them, ownership is limited to UAE and GCC nationals. Confirm the zoning status of this asset with the Oplus team before proceeding — this is the first question we answer on any enquiry call.

Who This Suits

Income-focused investors targeting stabilised, multi-tenant cash flow with a budget between AED 10–15 million. It does not suit buyers seeking capital-appreciation plays or hands-off ownership — a 44-unit building needs active management or a management contract, which Oplus can arrange.

Browse other income-producing properties for sale with Oplus, read why investors are entering the market in our UAE investment overview, or contact the Oplus team to request the full due-diligence pack.