Immeuble à Al Nahda (Sharjah), 11 chambres, 45000000 AED - 16893418

A fully renovated investment building is available for sale in Al Nahda, Sharjah, offering a strong income-generating asset in a vibrant location. The building sits on a 10,500 sq ft plot and comprises a ground floor plus 11 residential floors, with 88 apartments and 9 fully leased commercial shops. Each residential floor includes seven two-bedroom apartments and one three-bedroom apartment. The property features basement parking, two elevators, and two guard rooms. Current annual rental income is AED 4,000,000, representing an approximate gross rental yield of 9%. Ownership is available for UAE nationals and GCC nationals only. Offered at AED 45,000,000, this is a compelling opportunity for investors seeking a established rental income asset. Contact us for full details, tenancy information, and a viewing.