Immeuble à Abu Shagara, 11 chambres, 22000000 AED - 16527740

Income-Generating Investment Building | AED 2,000,000 Annual Income
An exceptional opportunity to acquire an established income-generating property in a strategic location in Abu Shagara – the second plot from Al Wahda Street, one of Sharjah’s most active and established areas.
PROPERTY DETAILS
Land Area: 10,000 sq. ft.
Building: Ground + 10 Floors
Total Units: 60 Apartments
• 20 × 2-Bedroom + Hall
• 20 × 1-Bedroom + Hall
• 20 × 3-Bedroom + Hall
Commercial Shops: 4
Building Age: 25 Years
Condition: Excellent & Well Maintained
Maintenance: Regular Maintenance & Continuous Management
INVESTMENT FIGURES
Annual Income: AED 2,000,000
Asking Price: AED 22,000,000
Approx. Gross Yield: 9.1% Per Year
Based on the stated annual income and before operating expenses.
INVESTMENT HIGHLIGHTS
Established income-generating asset
Strong annual rental income
60 residential units + 4 commercial shops
Strategic Abu Shagara location
Well-maintained property
Suitable for long-term real estate investment
GCC Ownership