Appartement in Aljada，Naseej District，Tiraz，Tiraz 6, 1 slaapkamer, 750000 AED - 17160764

INVESTMENT OPPORTUNITY | TENANTED APARTMENT | TIRAZ 6, SHARJAH
Looking for an investment property that is already generating rental income? This tenanted apartment in Tiraz 6 presents an attractive opportunity for investors seeking an income-generating freehold property in Sharjah.
With an existing annual rental income of AED 50,000 and a selling price of AED 730,000, this property offers an approximate gross rental yield of 6.85%, making it an interesting addition to an investment portfolio.
PROPERTY DETAILS:

Location: Tiraz 6
Apartment Size: 748 Sq. Ft.
Selling Price: AED 730,000
Annual Rental Income: AED 50,000
Property Status: Currently Rented
Ownership: Freehold
Mortgage: Property Under Mortgage

INVESTMENT HIGHLIGHTS:
1. Immediate Rental Income
The apartment is currently rented at AED 50,000 annually, offering an existing income stream for the new owner, subject to the tenancy agreement.
2. Attractive Rental Yield
Approximately 6.85% gross annual rental yield based on the asking price and current rental income, before service charges, maintenance and other expenses.
3. Freehold Ownership
An opportunity to own a freehold property in Sharjah.
4. Existing Tenant
No need to start the leasing process from scratch. The property already has an active tenancy.
5. Portfolio Investment
An option for investors looking to diversify their property portfolio with a residential asset generating rental income.
IMPORTANT INFORMATION:
The property is currently under mortgage. Mortgage settlement and transfer arrangements will need to be coordinated between the concerned parties and the bank.
SALE DETAILS:

Asking Price: AED 730,000
Current Annual Rent: AED 50,000
Approximate Gross ROI: 6.85%

A practical investment opportunity for buyers looking for an already-rented property with an established rental income.
FOR MORE INFORMATION & VIEWING:
Aamir Qayoom
Dar Al Rayhan Real Estate
Call / WhatsApp:
Email: aamir.