Unidad en bloque en Al Nasserya, 4000000 AED - 16430929

Property Details:

21 studio apartments
Plot area: 6,666 Sq. Ft.
Approximately 25 years old
Current annual rental income: AED 290,000
Currently leased to an investor
Ownership available for UAE nationals and GCC nationals

Asking Price: AED 4,000,000
Current gross rental yield: approximately 7.25%, based on the asking price and current annual income.
The property is located in a well-established area of Al Nasserya, with convenient access to essential services, amenities, and major roads across Sharjah.
An excellent opportunity for investors looking for an existing income-producing property with a stable rental return.
For more details or to arrange a viewing, please contact us.