Appartement in Al Qasimia, 1 slaapkamer, 340000 AED - 16578558

INVESTMENT OPPORTUNITY | TENANTED 1-BEDROOM APARTMENT IN AL QASIMIA | 9.71% GROSS ROIINVESTMENT OPPORTUNITY | TENANTED 1-BEDROOM APARTMENT IN AL QASIMIA | 9.71% GROSS ROI

A great investment opportunity to own a tenanted 1-bedroom apartment in Al Qasimia, Sharjah, located in a relatively new building only 4 years old and generating an existing annual rental income.

Property Details:
• 1 Bedroom + Living Room
• Actual Size: 613 Sq. Ft.
• Building Age: 4 Years
• Currently Tenanted
• Annual Rent: AED 33,000
• Asking Price: AED 340,000

Investment Return (ROI):
AED 33,000 ÷ AED 340,000 × 100 = 9.71% Gross Annual ROI

With an annual rental income of AED 33,000 and an asking price of only AED 340,000, the property offers an attractive 9.71% gross rental yield, before service charges and other expenses.

Prime Al Qasimia Location
Conveniently located close to supermarkets, restaurants, shops, schools, public transportation and everyday amenities, making it an attractive option for investors seeking rental income.

Asking Price: AED 340,000
Already Tenanted – Immediate Rental Income

Contact us today for more details or to arrange a viewing.