Immeuble à Abu Shagara, 4760000 AED - 16889639

Commercial building for sale in Bu Shagara, Sharjah. The building is a mixed-use residential/commercial structure (G+3). Area: 4000 sq ft. Age: 15 years. The building comprises
1 retail shop
15 one-bedroom apartments
8 studios
Annual income: AED 445,000
Price: AED 4.76 million
Ownership available to UAE nationals and GCC citizens only
====
The building is located in the Bu Shagara area, in the heart of Sharjah's high-density center. All buildings there are fully rented, and the high demand for rentals makes it a prime investment opportunity. These buildings are also highly sought after for resale due to their reasonable capital requirements and the significant interest from Gulf and local investors, especially given the limited supply in the market. The high rental yield and the absence of annual fees make it a safe haven for investment. Furthermore, the area offers all essential services, including shops, health centers, mosques, and schools