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Residential Building for Sale in the Heart of Muwaileh – Sharjah with High Returns and Strategic Location
For sale: A distinctive building located in the Muwaileh area – Sharjah, featuring a strategic location on an 18-meter wide street, close to Al-Diya Mosque, ensuring easy access to various vital areas of Sharjah.
Specifications:
This opportunity represents an excellent investment in a prime, in-demand location, making it an ideal choice for those seeking a steady and continuous income.
Specifications:
- The building consists of G+3 with 25 studios.
- Building age: 13 years.
- Very low operational costs, amounting to only AED 34,500 annually.
- Current annual income: AED 380,000.
- Expected income after adjusting the rent of 4 apartments: AED 435,000 annually, reflecting a significant increase in returns.
This opportunity represents an excellent investment in a prime, in-demand location, making it an ideal choice for those seeking a steady and continuous income.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 7849-g6xhcV
- CompletionReady
- Average Rent
- Added on15 February 2025
