Residential Tower for sale in SHJ Al Mamzar
- AED315,000,000
- AED315,000,000
Overview
- Building
- Property Type
- 40000 sqft
- Area Size
- 500
- Apartments
- Ready
- Handover
Description
Tower for sale in SHARJAH
KEY DETAILS
Permission: Commercial, Residential & Retail
Tower Type: Mix Use
Age: 7 Years
View: Full Sea View
A Rare Opportunity in a Prime Location
Strategic location with unmatched sea views and strong rental demand.
Easy access to main roads and services
A prestigious address for residents and businesses
TOWER CONSISTING OF
4 Basement parking levels
11 Podium parking floors
1 Ground floor
40 Residential & commercial floors
Total around 340 Apartments
RESIDENTIAL UNITS MIX
28 Studio
316 One-Bedroom Units
41 Two-Bedroom Units
8 Three-Bedroom Units
COMMERCIAL OFFICES
Around 145 Commercial Office Units
The commercial offices are spread across 42 floors, separated from the residential section with dedicated entrances and exclusive elevators for the commercial area.
Ground Floor features with 7 retail shops
TOWER AMENITIES
The Tower is fully equipped with modern amenities:
Swimming Pools (for all ages)
Fully equipped GYM
Parking Lots (Residential & Commercial)
Comfort | Convenience | Lifestyle
FINANCIALS
AED 25 Million
Gross income annually
AED 4 – 5 Million
Yearly expenses and cost
Asking Selling Price (Negotiable)
Strong Income
Great Value
GENERAL REMARKS
1. The Residential Tower are fully occupied (All residential units are rented).
2. The Commercial units are occupied except 28 floors (open for lease).
3. There is a possibility to convert the commercial remaining offices to a residential unit (Studios & One Bedroom) with estimated budget of 15 to 20 Million Dirhams along with related facilities.
4. The business case (The Premises) is open for a bank finance / mortgage.
Tower Price: AED 315 Million
Al Mamzar, Sharjah, UAE: A Strategic Waterfront Destination for Economic Growth, Tourism, and Real Estate Investment
Al Mamzar in Sharjah, United Arab Emirates, is emerging as one of the emirate’s strategically important waterfront locations because it combines a coastal lifestyle, proximity to Dubai, established residential communities, tourism attractions, and a growing pipeline of large-scale residential and mixed-use developments. Its position along the Sharjah–Dubai boundary gives the area a distinctive economic advantage: it can serve residents, businesses, investors, and visitors connected to both emirates while benefiting from Sharjah’s comparatively diverse real estate market.
1. The Strategic Location of Al Mamzar
Al Mamzar Sharjah occupies a valuable position on the waterfront between the Al Khan area and Al Hamriya Port, close to the Dubai–Sharjah boundary. Visit Sharjah describes Al Mamzar Beach as a family-oriented destination for recreation, sports and relaxation, with residential towers, shops, cafés and restaurants located nearby.
This geographical position is one of the area’s principal economic advantages. Al Mamzar is not isolated from the wider metropolitan economy. Instead, it forms part of a continuous urban environment linking Sharjah with Dubai.
The location provides access to important roads serving both emirates and places residents within practical reach of commercial districts, employment centres, educational facilities, shopping destinations, airports and tourism attractions. The development of waterfront communities around Al Mamzar and neighbouring Maryam Island is further strengthening the area’s urban identity.
For investors, this connectivity is important because real estate value is influenced not only by the property itself but also by accessibility, surrounding infrastructure, employment centres, lifestyle facilities and the quality of the wider urban environment.
2. Al Mamzar as a Waterfront Economic Location
Waterfront locations generally have a distinctive economic characteristic: the amount of prime coastal land is limited. As a result, well-planned waterfront developments can create a combination of residential, commercial, hospitality and leisure uses within a relatively concentrated area.
Sharjah has been experiencing increasing activity in waterfront real estate. In January 2026, Sharjah Real Estate Registration Department representatives and sector experts highlighted the role of waterfront developments in combining residential properties with commercial services, recreation, promenades and green spaces. They also noted that more than ten new waterfront projects had been introduced in Sharjah during 2024 and 2025. (Sharjah 24)
Al Mamzar fits directly into this wider waterfront-development trend.
Its economic potential does not depend exclusively on residential apartments. A mature waterfront district can support several interconnected activities:
- Residential apartments and luxury residences
- Retail shops and convenience services
- Restaurants and cafés
- Hotels and serviced hospitality
- Offices and professional services
- Leisure and entertainment
- Health and wellness facilities
- Tourism-related businesses
- Property management and facility services
- Real estate development and redevelopment
This mixture can create a more active local economy than a purely residential neighbourhood because residents, tourists, workers and visitors generate demand at different times of the day and year.
3. The Transformation of Al Mamzar’s Waterfront
One of the clearest indications of Al Mamzar’s changing investment profile is the arrival of major waterfront development.
Linar by Alef is a major example. The AED 4 billion development was launched in 2026 and is positioned directly on the Al Mamzar waterfront. It includes five residential towers and a commercial tower, with the residential towers ranging from approximately 50 to 55 storeys. The development has approximately 325 metres of sea-facing frontage and is planned to integrate residential, retail, services, leisure and community facilities. (Sharjah 24)
In September 2026, Alef Group announced that all 2,683 homes across the five residential towers had sold out. The announcement said buyers included domestic purchasers, international business owners and executives, and overseas investors. (Sharjah 24)
This is significant for the wider Al Mamzar market because a large-scale development can increase awareness of the location and encourage additional commercial and residential activity around it.
4. Commercial Importance and Business Opportunities
Al Mamzar has the potential to develop beyond a conventional residential community.
The presence of large residential populations creates a natural customer base for retail and service businesses. At the same time, the waterfront environment can support businesses designed around leisure and tourism.
Potential commercial activities include cafés, restaurants, supermarkets, specialty retail, fitness centres, beauty and wellness businesses, medical services, professional offices, property-management companies and tourism-related services.
Large mixed-use projects can further strengthen this commercial ecosystem by placing retail and services within walking distance of residents.
For investors, this means commercial real estate in Al Mamzar should not be evaluated only according to its current rental income. The surrounding development pipeline, pedestrian activity, visibility, accessibility, tenant profile and future competition are equally important.
A retail unit facing a busy road or waterfront pedestrian area may have a different investment profile from a similar-sized unit located inside a residential tower. Similarly, office space connected to a mixed-use development may benefit from a different tenant base than traditional office buildings.
5. Tourism and Leisure Potential
Tourism is another important component of Al Mamzar’s economic identity.
Visit Sharjah identifies Al Mamzar Beach as a family destination offering relaxation, recreation and sports. Activities in the area include swimming, fishing, volleyball, football, basketball and other outdoor activities, while shops, cafés and restaurants serve visitors and residents.
The area’s proximity to Sharjah Aquarium and Al Khan’s waterfront attractions further strengthens the tourism ecosystem. Sharjah Aquarium features 20 tanks representing different marine environments and more than 150 species of fish and marine life.
The nearby Al Khan Beach also provides swimming and water-sports activities and is within walking distance of the Sharjah Maritime Museum and Sharjah Aquarium.
Consequently, Al Mamzar can be viewed as part of a broader coastal tourism corridor rather than as a single isolated beach.
6. The Connection Between Tourism and Real Estate
Tourism and real estate can reinforce each other.
A successful waterfront tourism destination attracts visitors, encourages restaurants and cafés, creates demand for hospitality and supports the surrounding commercial economy. At the same time, high-quality residential developments provide a permanent population that supports businesses outside peak tourism periods.
This creates the possibility of a balanced urban environment in which:
Residents create daily demand → businesses provide services → tourism increases visitor activity → waterfront investment improves the environment → real estate becomes more attractive.
This relationship is particularly relevant in Al Mamzar because the area combines established residential buildings with new high-rise waterfront developments.
7. Real Estate Investment Opportunities in Al Mamzar
The real estate opportunities in Al Mamzar can be divided into several categories.
A. Waterfront Apartments
Residential apartments represent one of the most visible investment opportunities.
Current property portals show substantial apartment inventory in Al Mamzar, including both completed properties and off-plan projects. Property Finder currently reports hundreds of apartment listings in the area, while Bayut’s current listings include developments such as Linar, Faradis Tower, La Plage Tower and Joud. (Property Finder)
Investors may consider:
- One-bedroom apartments for entry-level investment
- Two-bedroom apartments for families and professionals
- Three-bedroom apartments for larger households
- Premium sea-view units
- High-floor apartments
- Waterfront residences
- Furnished units for potential short- or medium-term accommodation, subject to applicable regulations
The investment calculation should consider purchase price, service charges, financing costs, expected rent, vacancy, maintenance, management fees and resale liquidity rather than relying solely on advertised rental yields.
B. Off-Plan Waterfront Property
The arrival of major projects such as Linar demonstrates the growing importance of off-plan waterfront development in Al Mamzar.
Off-plan opportunities can appeal to investors seeking structured payment plans and exposure to newly constructed communities. However, the investor should examine the developer’s track record, escrow arrangements, construction schedule, service charges, handover conditions, permitted use, ownership status and resale restrictions before committing capital.
C. Development Land
Development land represents a different category of opportunity.
Current market listings include large waterfront plots in Al Mamzar marketed for high-rise or mixed-use development. One current listing describes a plot of approximately 140,905 square feet with a stated permitted height of Ground + 50 floors and proposed hotel, commercial, residential and office uses. These are asking-price listings rather than independent valuations, and the exact permitted use and development parameters should always be confirmed directly with the competent Sharjah authorities before acquisition. (Property Finder)
Large plots can potentially support:
- Residential towers
- Hotel projects
- Branded residences
- Mixed-use towers
- Retail podiums
- Office components
- Hospitality and serviced residences
For developers, the key issue is not simply the size of the land. Feasibility depends on permitted gross floor area, height, setbacks, parking requirements, construction cost, financing, sales prices, rental assumptions, infrastructure and the eventual development mix.
D. Investment Buildings
Existing or newly completed buildings can provide investors with income-producing assets.
A current Al Mamzar listing, for example, advertises a building with 60 residential apartments and three retail shops, together with a stated expected annual income of AED 3 million. Such figures are seller/listing claims and should be independently verified through tenancy contracts, bank statements, operating expenses and official documentation before purchase. (Dubizzle UAE)
This type of asset can be attractive to investors seeking a combination of residential rental income and commercial income from ground-floor retail.
E. Retail and Commercial Property
Retail units may benefit from the growing residential population and waterfront visitor activity.
The most important factors include:
- Visibility
- Road frontage
- Parking
- Pedestrian traffic
- Ground-floor positioning
- Nearby residential density
- Tenant demand
- Competition
- Service charges
- Lease structure
Restaurants and cafés may be particularly relevant in waterfront environments, but their success depends heavily on location, parking, visibility and operating economics.
8. Foreign Investment and Ownership Considerations
Sharjah’s real estate ownership framework is an important consideration for international investors.
Sharjah Executive Council Resolution No. 30 of 2022 allows persons of all nationalities to own real estate with unrestricted ownership duration in approved real estate development areas and projects, subject to the applicable regulations. (EC Shenzhen)
This should not be interpreted as unrestricted foreign ownership of every property or every plot in Sharjah. Ownership eligibility depends on whether the particular property is within an approved development area or project and on the applicable rules.
Therefore, an overseas investor considering Al Mamzar should verify:
- The exact title-deed status.
- Whether the property is approved for the intended nationality and ownership structure.
- The permitted use of the property.
- Development and planning approvals.
- Registration fees and transaction costs.
- Mortgage availability, if financing is required.
- Service charges and community fees.
- Any restrictions affecting resale or transfer.
The official legal framework should always take precedence over information appearing in property advertisements.
9. Al Mamzar and the Wider Sharjah Real Estate Market
Al Mamzar is benefiting from broader activity across Sharjah.
According to a September 2026 report citing Sharjah Real Estate Registration Department data, the emirate recorded approximately AED 29.5 billion in real estate transaction value during the first half of 2026, representing 9.3% year-on-year growth. The same report stated that investors from 121 nationalities participated in the market during that period. (Sharjah 24)
This broader market context is relevant because investors do not evaluate Al Mamzar in isolation. They compare it with neighbouring areas such as Al Khan, Al Taawun, Maryam Island and other waterfront districts.
Al Mamzar’s particular characteristics are its combination of:
Waterfront location + Dubai proximity + established community + tourism + new development + mixed-use potential.
That combination creates a distinct investment proposition.
10. The Importance of Maryam Island and Nearby Developments
The neighbouring waterfront development environment also contributes to Al Mamzar’s long-term positioning.
Maryam Island has already established itself as a significant waterfront development in the surrounding area. According to Sharjah24, the project had sold 3,037 of its 3,083 units by the end of 2025, with more units scheduled for phased delivery through 2028. (Sharjah 24)
The development of Maryam Island and the new generation of Al Mamzar waterfront projects can contribute to greater residential density, retail activity, pedestrian movement and demand for supporting services.
This creates opportunities not only for direct investors in major developments but also for owners of surrounding apartments, commercial units, land and buildings.
11. Accessibility and Connectivity as an Investment Factor
Location remains one of the most important elements of real estate value.
The Al Mamzar area benefits from its connection to the road network serving both Sharjah and Dubai. The Linar development, for example, is positioned at the intersection of Corniche Road and Al Taawun Street, with reported proximity to Expo Centre Sharjah and Al Qiyadah Metro Station, while Dubai International Airport and Sharjah International Airport are also within practical driving distance. (Sharjah 24)
This accessibility is particularly relevant for professionals who live in Sharjah but work in Dubai, businesses serving both emirates, and international residents who value access to airports and major commercial areas.
12. Investment Strategies for Different Types of Investors
Al Mamzar can accommodate different investment approaches.
For a residential investor, the focus may be on a well-positioned apartment with a strong tenant profile, reasonable service charges and good access to the waterfront.
For a long-term capital investor, a premium sea-view property in a high-quality development may be evaluated for its combination of rental income and potential future resale demand.
For a developer, the opportunity may be a land acquisition followed by a residential, hospitality or mixed-use development subject to planning approval and financial feasibility.
For an income-focused investor, an existing building containing apartments and retail units can provide diversified rental income.
For a commercial investor, shops, restaurants, offices and service units may provide exposure to the area’s expanding residential and tourism economy.
For an international investor, ownership eligibility and project approval should be established before evaluating price or projected returns.
13. What Investors Should Check Before Buying
A waterfront address alone does not guarantee investment performance.
Before purchasing property or land in Al Mamzar, investors should conduct detailed due diligence covering:
- Title deed and ownership status
- Land-use designation
- Freehold or other ownership rights
- Permitted building height
- Gross floor area and development potential
- Planning and municipality approvals
- Existing tenancy contracts
- Actual rental income
- Service charges
- Maintenance costs
- Parking requirements
- Construction quality
- Developer reputation
- Payment-plan obligations
- Financing costs
- Transfer and registration fees
- Future competing developments
- Exit and resale strategy
For development land, a professional feasibility study should be completed before acquisition. The study should calculate land cost, construction cost, financing, professional fees, infrastructure, marketing, sales assumptions, rental assumptions, expected gross development value and the project’s sensitivity to changes in costs and selling prices.
14. The Future of Al Mamzar
The future importance of Al Mamzar is likely to be closely connected to the continued development of Sharjah’s waterfront economy and the increasing integration between residential, commercial, leisure and tourism uses.
The area’s transformation is already visible through major projects such as Linar, continued investment around neighbouring waterfront communities, and increasing interest in large development sites.
At the same time, the wider Dubai side of Al Mamzar is undergoing major beachfront investment. Dubai Municipality’s Al Mamzar Beaches project is part of Dubai’s AED 3 billion beachfront development programme and includes new leisure, tourism, sports, walking and cycling facilities. The project is designed to accommodate millions of visitors and includes opportunities for private-sector participation in food and beverage, retail, water activities and other services. (Sharjah 24)
Although the Dubai project is geographically separate from Al Mamzar Sharjah, the two sides form part of the same broader coastal environment. Improvements on either side can increase the visibility and attractiveness of the wider Al Mamzar waterfront corridor.
Conclusion
Al Mamzar, Sharjah, represents an important waterfront location where residential development, tourism, commerce and real estate investment increasingly intersect. Its position between Sharjah and Dubai gives it strategic connectivity, while its beaches, waterfront environment, nearby attractions and growing residential population create a foundation for continued economic activity.
The emergence of major projects such as Linar demonstrates the growing scale of investment entering the area, while existing residential and commercial properties provide opportunities for investors seeking income-producing assets. Development land offers another investment category for qualified developers capable of undertaking detailed feasibility and planning studies.
From a tourism perspective, Al Mamzar benefits from its beach environment, family activities, water sports, fishing, nearby attractions and proximity to the wider Sharjah waterfront tourism network. From a commercial perspective, the combination of residents, visitors and new developments creates opportunities for retail, hospitality, food and beverage, offices and services. From a real estate perspective, the most significant themes are waterfront living, Dubai–Sharjah connectivity, mixed-use development and the continuing transformation of the coastal urban environment.
For investors, however, the most important principle is to evaluate each property individually. Asking prices, advertised rental yields and development claims should not be treated as guaranteed investment results. Ownership eligibility, title status, planning permissions, development rights, actual income, costs and market conditions should be independently verified before any transaction.
Al Mamzar is therefore best understood not simply as a residential neighbourhood, but as part of an evolving waterfront economic corridor connecting Sharjah’s residential, commercial and tourism economies with the wider Dubai–Sharjah metropolitan market.
Address
Open on Google Maps- City: Sharjah
- Country: United Arab Emirates
Details
- Price AED315,000,000
- Property Size 40000 sqft
- Apartments 500
- Handover Ready
- Property Type Building
- Property Status For Sale
Contact Information
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