Immeuble à Muwaileh Commercial, 11 chambres, 6000000 AED - 17178725

Prime Investment Building for Sale – Al Musalla, Sharjah
Main Road Location | Residential & Commercial Building | Strong Rental Income
An excellent opportunity to acquire an established income-generating investment building in Al Musalla, Sharjah, strategically located on a main road with residential apartments and commercial shops.
Property Details:

Location: Al Musalla, Sharjah
Location Advantage: Directly on a Main Road
Plot Area: 3,300 sq. ft.
Building Structure: Ground Floor + 4 Floors
Building Age: Approximately 20 Years

Residential Units – 23 Apartments:

20 Two-Bedroom Apartments with Living Room
3 Studios

Commercial Units:

4 Retail Shops

Total Units: 27 Residential & Commercial Units
Investment Highlights:

Current Annual Rental Income: AED 618,000
Expected Annual Income After Rent Increase: AED 650,000
Current Gross Annual Rental Yield: 10.3%
Projected Gross Annual Rental Yield: 10.83%

Why Invest?
A well-located investment property offering an established rental income stream, a combination of residential and commercial units, and potential for increased rental returns following the proposed rent adjustments.
For Serious Buyers & Viewing Arrangements:
Aoun Real Estate – Sharjah