Immeuble à Abu Shagara, 11 chambres, 48000000 AED - 16119809

Residential tower for sale in the Abu Shagara area, Sharjah.

* Structure: 21 floors.
* Location: Abu Shagara area, Sharjah.
* Land Area: 930 square meters (10,000 square feet).

* Tower Details:

* 1 Ground floor.
* 15 Residential floors.
* 5 Parking floors.
* 4 Retail shops.

* Apartment Breakdown:

* 60 Apartments: 1 Bedroom + Living Room.
* 30 Apartments: 2 Bedrooms + Living Room.

* Total number of apartments: 90.

* Building Age: Approximately 2 years.

* Occupancy Status: Fully leased.

* Rental Details:

* 1 Bedroom + Living Room: 29,000 AED.
* 2 Bedrooms + Living Room: 40,000 AED.
* Rental income for 4 shops: 160,000 AED.

* Total Annual Income: 3,100,000 AED.

* Annual Expenses: 20,000 – 40,000 AED (A/C costs borne by the tenant).

* Approximate Net Income: 3,000,000 AED.

* Asking Price: 48,000,000 AED.