Immeuble à Muwaileh Commercial, 11 chambres, 3800000 AED - 16851573

Commercial Residential Building for Sale in Muwaileh, Sharjah | Annual Income AED 350,000
Direct Real Estate is pleased to present a commercial and residential building for sale in Muwaileh, Sharjah. The property is located in a vibrant area and features a combination of residential apartments and commercial shops, providing an annual rental income.
Property Details
Location: Muwaileh, Sharjah
Property Type: Commercial and Residential Building
Building Configuration: Ground Floor + 3 Floors
Plot Area: 2,906 sq. ft.
Building Age: 7 Years
Building Condition: Excellent
Building Features

9 apartments, each consisting of 1 bedroom and a living room
4 commercial shops on the ground floor

Financial Details
Asking Price: AED 3,800,000, negotiable for serious buyers
Current Annual Rental Income: AED 350,000
Approximate Gross Rental Yield: 9.2% annually, calculated based on the current annual income compared to the asking price, before deducting maintenance, operating expenses, and other costs.
This property presents an investment opportunity for buyers seeking a combination of residential and commercial rental income in Muwaileh, Sharjah.
For more information, price negotiations, or to arrange a viewing, please contact Direct Real Estate.