Immeuble à Al Qulayaah, 11 chambres, 6800000 AED - 16178865

Title: A Unique Investment Opportunity in Sharjah: New Building for Sale with a 7.5% Return

Sharjah is one of the most attractive emirates for real estate investment, characterized by its continuous growth and developing infrastructure. In this context, we present a unique investment opportunity: the purchase of a new, fully leased building in the Al Qal'iya area of Sharjah.

The building sits on a 3,400 sq ft plot, with a built-up area of 12,000 sq ft, providing ample space for tenants. It was designed according to the latest engineering standards and has a G+4 building permit.

- **Apartments:** The building comprises 16 apartments, including 12 one-bedroom apartments and 4 studios. The apartments feature a modern and comfortable design, making them an ideal choice for small families and individuals.

- **Retail Shops:** The building includes 3 retail shops, offering an additional opportunity to increase income through leasing for various commercial purposes.

- **Amenities:** The building features a modern elevator providing easy access to all floors, enhancing the convenience of residents and visitors.

The building is only two months old, meaning it is in pristine condition. It generates an annual income of AED 475,000, representing a yield of 7.5%, an attractive rate for investors seeking stable and secure returns.

The building is priced at AED 6,800,000, a negotiable price. This reflects the true value of the property in an area experiencing continuous development and increasing demand for residential and commercial real estate.

Ownership of this building is restricted to UAE and GCC nationals only, further enhancing investment stability in the area.

This building represents an ideal investment opportunity for investors seeking a new property with guaranteed returns in one of Sharjah's most vibrant areas. With its high yield and negotiable price, this building is an ideal choice to enhance your investment portfolio. If you are interested in this opportunity, it is advisable to contact the relevant real estate agent for further details and to arrange a site visit.