For Sale: A Distinctive Investment Building in Al Naba’a, Sharjah

For Sale: A Distinctive Investment Building in Al Naba’a, Sharjah
A prime investment opportunity to own an existing building in a prime location in Al Naba’a, with a good annual income and clear potential for increased returns through re-renting units at market value.
Property Details
Location: Al Naba’a, Sharjah
Land Area: 2,500 sq ft
Building Layout: Ground + 4 Floors
Number of Apartments: 16, all one-bedroom apartments
Number of Shops: 4
Guard Room Available
Income and Investment
Current Annual Income: AED 273,000
Annual Income with Rentalized Units: AED 315,000
Expected Income after Rental Value Adjustment: Up to AED 350,000 per year
Asking Price: AED 3,200,000
This building is ideal for investors seeking an existing property with current income potential and the possibility of future development and increased rental returns.