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G+10+R| GCC only| 11.4% ROI | Exclusive
Mixed-Use Building for Sale in Al Naba'a, Sharjah
Price: AED 17 Million
Location: Al Zahra street, Al Naba'a, Al Sharq, Sharjah, UAE
Asteco Property Management is pleased to present this exceptional mixed-use building available for sale in the heart of Al Naba'a, Sharjah. This prime property features a Ground Floor plus 10 residential floors, topped with a spacious rooftop, making it an attractive investment opportunity.
Key Features:
-Total Floors: Ground Floor + 10 Residential Floors + Rooftop
-Residential Units: 75 apartments available in 1, 2, and 3-bedroom configurations
-Retail Space: Currently, 13 shops rented on the ground floor, providing steady rental income
-Investment Return: Achieve a NET ROI of 11.4% after deducting expenses
Location Highlights:
-Situated in a vibrant area, this building is close to Sharjah Museum of Islamic Civilization, a renowned cultural and historical landmark that attracts tourists and locals alike. The museum showcases the rich heritage and contributions of Islamic civilization, enhancing the appeal of the neighborhood.
Why Invest?
-This mixed-use building is not just a property; it is an opportunity to own a piece of Sharjah's thriving market. With its strategic location and significant rental income potential, it is ideal for savvy investors looking to expand their portfolio in the UAE.
For inquiries and to schedule a viewing, please contact Asteco Property Management.
Price: AED 17 Million
Location: Al Zahra street, Al Naba'a, Al Sharq, Sharjah, UAE
Asteco Property Management is pleased to present this exceptional mixed-use building available for sale in the heart of Al Naba'a, Sharjah. This prime property features a Ground Floor plus 10 residential floors, topped with a spacious rooftop, making it an attractive investment opportunity.
Key Features:
-Total Floors: Ground Floor + 10 Residential Floors + Rooftop
-Residential Units: 75 apartments available in 1, 2, and 3-bedroom configurations
-Retail Space: Currently, 13 shops rented on the ground floor, providing steady rental income
-Investment Return: Achieve a NET ROI of 11.4% after deducting expenses
Location Highlights:
-Situated in a vibrant area, this building is close to Sharjah Museum of Islamic Civilization, a renowned cultural and historical landmark that attracts tourists and locals alike. The museum showcases the rich heritage and contributions of Islamic civilization, enhancing the appeal of the neighborhood.
Why Invest?
-This mixed-use building is not just a property; it is an opportunity to own a piece of Sharjah's thriving market. With its strategic location and significant rental income potential, it is ideal for savvy investors looking to expand their portfolio in the UAE.
For inquiries and to schedule a viewing, please contact Asteco Property Management.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 9486-uJOJAl
- CompletionReady
- Average Rent
- Added on12 February 2025
