Gebouw in Muwaileh, 11 slaapkamers, 5000000 AED - 13816272

Investment Building for Sale – Sharjah / Muwaileh
An excellent investment opportunity in one of Sharjah’s most in-demand areas, ideal for investors seeking stable income with clear potential for future rental growth.
For sale: a residential building located in Muwaileh, Sharjah, featuring a corner plot with two-road frontage and paved streets, offering strong accessibility and investment value. The building is fully rented.
Building Details:

Plot area: 3,000 sq. ft.
Corner location on two streets
Paved road access
Building age: 16 years
Number of floors: 3
Occupancy status: Fully rented

Building Composition:

33 studio apartments
One rented store (storage unit)

Current Annual Income:
AED 500,000
(Potential for increase – rents based on old market rates)
Additional Information:

Current studio rent: AED 16,000
Strong potential to increase rents to current market levels
Tenants are families

Ownership:
GCC nationals ownership
Asking Price:
AED 5,000,000
Negotiable
A well-located investment property offering steady returns, strong rental demand, and excellent upside potential in a prime residential area.