Immeuble à Muwaileh Commercial, 6 chambres, 13000000 AED - 16926615

For Sale in Muwaileh

Building: Ground floor + 3 upper floors
Corner property (facing three streets)
Land area: 7,185 square feet

Total units: 45 apartments
- 21 apartments: 1 bedroom, living room, and balcony (some with one bathroom, others with two)
- 24 studios (a mix of large and standard sizes)

- Caretaker’s room with a bathroom
- Management office
- Approved fire safety and firefighting system
- Comprehensive maintenance contracts in place (elevators, air conditioning, and plumbing)
- Security system with surveillance cameras
- Split-unit air conditioning

- Connected to the public sewage network

Location: Sharjah, Muwaileh Commercial; situated on a main road branching off Sheikh Mohammed bin Zayed Road, behind Al Thiqa Club and opposite City Centre Al Zahia.

Current annual income: 1,088,000 AED

Important Note: There is an existing permit and approval from the Municipality and the Planning and Survey Department to convert 6 ground-floor apartments into commercial retail units; a project plan for this conversion is already prepared.