Gebäude in Muwaileh, 11 schlafzimmer, 21999999 AED - 16562565

A well-located, income-generating mixed-use (residential and commercial) building in Muwaileh, Sharjah. Situated on a main road and fully occupied, it generates an annual rental income of AED 2,200,000.

The property comprises a ground floor plus 7 upper floors, featuring 4 retail shops, 14 one-bedroom apartments, and 28 two-bedroom apartments—totaling 42 residential units in addition to the retail spaces.

Property Details:

Location: Muwaileh, Sharjah
Building: Ground + 7 floors
Land Area: 10,000 sq. ft. | 929 sq. m.
Built-up Area: 60,000 sq. ft. | 5,574 sq. m.
4 retail shops
14 one-bedroom apartments
28 two-bedroom apartments
Fully occupied
Building Age: 16 years
Annual Rental Income: AED 2,200,000
Asking Price: AED 22,000,000

Note: The stated annual income represents a gross rental yield of 10% based on the asking price, prior to expenses.