10
Corner Residential Building in Al Majaz 2 – 59 Apartments with AED 1.4M Annual Income
For Sale: Prime Residential Building in Al Majaz 2
Property Details:
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Property Details:
- Location: Al Majaz 2, a vibrant and central area in Sharjah.
- Plot Area: 10,000 sq. ft. (Corner Plot).
- Structure: Ground + 9 floors.
- Units Breakdown:
- 47 two-bedroom apartments.
- 12 one-bedroom apartments.
- Age of the Building: 34 years.
- Annual Income: AED 1.4 million.
- Occupancy Rate: High demand due to the prime location and well-designed units.
- Strategic location in the heart of Sharjah with easy access to major roads and key amenities.
- Close proximity to shopping centers, schools, hospitals, and restaurants.
- Ideal for long-term investment due to the high rental demand in the area.
- Stable and consistent rental income.
- Well-distributed residential units to attract a variety of tenants.
- Potential for enhancement and increased returns with minor upgrades.
- AED 12.5 million.
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Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 105950-i40qjF
- CompletionReady
- Average Rent
- Added on6 January 2025
Features / Amenities
Elevators in Building: 2
Service Elevators
Security Staff
CCTV Security
+ 1 more amenities
