Gross Rental Yield: 9.88% Residential Building for Sale – Maysaloon, Sharjah

Residential Building for Sale – Maysaloon, Sharjah
A prime investment opportunity in Maysaloon, Sharjah, featuring a residential building on a 2,224 sq. ft. plot, currently leased and generating a stable annual rental income.
The property also offers potential for demolition and redevelopment, subject to the applicable planning regulations and approvals.
Property Details:

Plot Size: 2,224 sq. ft.
Plot Area: 206.6 sq. m.
Current Use: Labour Accommodation
Annual Rental Income: AED 84,000
Asking Price: AED 850,000
Gross Rental Yield: 9.88%
Potential for Demolition & Redevelopment
Currently leased and income-generating

An attractive opportunity for investors looking for immediate rental income with future redevelopment potential in a well-established area of Sharjah.
Asking Price: AED 850,000