Immeuble à Muwaileh Commercial, 11 chambres, 12500000 AED - 13834680

Building for Sale in Muweilah
• Type: Residential Building
• Floors: Ground + 3 Floors
• Location: Corner on three streets
• Land Area: 7,185 sq. ft.

Units: Total 45 Apartments
• 21 One-Bedroom + Living Room with Balcony
(some with 1 bathroom, others with 2 bathrooms)
• 24 Studios (mix of large and standard sizes)

Additional Facilities
• Caretaker room with bathroom
• Management office
• Approved fire safety and firefighting system
• Full maintenance contracts (elevator + sanitary AC)
• Security system and CCTV cameras
• Split-unit air conditioning
• Connected to the public sewage system

Location Details
• Sharjah – Muweilah Commercial
• On a main road, branching off Mohammed Bin Zayed Road
• Behind Al Thiqah Club, opposite City Centre Al Zahia

Building Age: Approximately 12 years

Income
• Current annual income (after rent reduction): AED 1,046,000
• Income is increaseable (previously reached AED 1,250,000 before COVID)

Important Note
• There is an official license and approval from the municipality and planning authorities to convert 6 ground-floor apartments into commercial shops, with a prepared project layout.

Asking Price: AED 12,500,000