Gebouw in Hoshi, 10000000 AED - 15481918

A rare investment opportunity to acquire a strategically located income-generating building in Al Hoshi, Sharjah. The property occupies a premium corner position on two streets and is situated on the second plot from Maliha Road, one of Sharjah’s major arterial roads. This exceptional location provides excellent accessibility, strong visibility, and long-term investment value in a rapidly developing area.
The property stands on a land area of 12,000 sq. ft. and consists of a Ground Floor plus First Floor structure. It includes 13 spacious one-bedroom apartments with living rooms, designed to meet the needs of residential tenants while offering comfortable layouts and practical living spaces. In addition, the property provides 13 dedicated parking spaces and features a large commercial showroom occupying a prominent position within the development.
The entire property is currently fully leased and generates an annual rental income of approximately AED 700,000. Following planned adjustments and rental optimization, the income has the potential to increase to around AED 1,000,000 per year, creating a significant opportunity for enhanced returns and long-term capital growth.
Combining a strategic location, full occupancy, strong existing income, and future rental upside, this property represents an outstanding investment opportunity for buyers seeking a high-performing asset in Sharjah’s growing real estate market.
Asking Price: AED 10,000,000 (Final Price).
For additional information or to arrange a viewing, please contact us.