Bayut - AF1884

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Kaart

AED9.000.000

Geschatte betaling AED 32,4K/mnd

Vraag een pre-approval aan

Al Qulayaah, Sharjah

10+ Slaapkamers

10+ Badkamers

3.900 ft²

Gebouw in Al Qulayaah, 11 slaapkamers, 9000000 AED - 13986993

Commercial Building for Sale in Sharjah – Al Qulayaa AreaA distinctive commercial building for sale in the Emirate of Sharjah, located in the Al Qulayaa area, a strategic and active investment location close to all essential services and facilities. An ideal opportunity for investors seeking strong and stable returns with potential for income growth.
The building has a total area of 3,900 sq. ft. and consists of Ground Floor + 5 Floors, comprising:

10 one-bedroom apartments (1BHK)
28 studio apartments
2 commercial shops

The building is 15 years old and equipped with split air-conditioning units. It is in good operating condition.
Current rents are considered old rents, offering a clear opportunity to increase income upon renewal or re-leasing.
Current annual income: AED 704,000
Expected income after increase: up to AED 825,000 per year
Asking price: AED 9,000,000
This property represents a strong investment opportunity due to the high number of units, the mix of residential and commercial spaces, and its location in an area with consistent rental demand, ensuring stable cash flow and potential for higher returns in the near future.
An excellent option for serious investors looking to acquire an income-generating asset in Sharjah.