Appartement in Aljada，Misk Apartments，Misk 4, 1 slaapkamer, 750000 AED - 16801374

Apartment for Sale in Misk 4, Aljada, Sharjah | Excellent Rental Yield | Rented at AED 50,000/Year

Seize a prime investment opportunity in the Aljada development, Sharjah, by owning an apartment in Misk 4 Tower. This unit features a practical layout of 674 sq. ft. , is located on the first floor, and generates an annual rental income of AED 50,000.

Priced at AED 750,000, this unit is an ideal choice for investors seeking a tenanted property that provides immediate annual income within a modern residential community offering diverse amenities and comprehensive services.

Property Details
Project: Aljada
Tower: Misk 4
Floor: First
Area: 674 sq. ft.
Selling Price: AED 750,000
Annual Rent: AED 50,000
Property Status: Rented
Lease Status: Contract renewed in May
Investment Return

This apartment offers a real estate investment opportunity with established annual rental income. The gross rental yield is approximately 6.67% per annum based on the stated selling price and rent (prior to the deduction of service charges and other expenses).

This option is ideal for investors wishing to purchase a tenanted property and benefit from immediate rental income—avoiding the need to search for a new tenant after purchase. Buyers should review the details of the current lease agreement and the terms regarding its transfer to the new owner. Investment Highlights: Aljada – Sharjah

Aljada is a modern residential destination in Sharjah that integrates residential units with commercial and leisure spaces, all within an environment designed to meet residents' daily needs.

Key features of the project include:

A modern residential community combining living spaces with commercial and leisure amenities.
Availability of restaurants, cafes, and retail outlets within the development.
Dedicated areas for walking and enjoying the outdoors.
A diverse range of residential units catering to the needs of both individuals and families.
A prime Sharjah location suitable for those seeking a home or a long-term real estate investment.
Why choose this apartment?

If you are looking for an investment property in Aljada priced at AED 750,000, this unit offers a clear purchase price and an annual rental income of AED 50,000, with a lease agreement that was renewed in May.

This is a compelling opportunity for investors looking to diversify their real estate portfolio and generate rental income, while also having the option to hold the property for the long term.

Asking Price: AED 750,000

Please contact us for further details, information regarding the lease agreement, or to arrange a viewing.