For the Serious Investor | Investment Building in Al Qasimia with AED 2 Million Annual Income | 10 Floors + Parking & Shops

### Building for Sale in Al Qasimia – Sharjah | Annual Income of AED 2 Million

An exceptional investment opportunity in the Al Qasimia area: a large building with a comprehensive investment layout, featuring residential units, parking facilities, and leased retail shops, all generating strong current income.

**Building Details:**

* 10 residential floors
* 3 floors of parking plus the ground floor
* Land area: **7,000 sq. ft. **
* 40 apartments (2 bedrooms + living room)
* 11 apartments (1 bedroom + living room)
* 13 studios
* 32 parking spaces
* 2 leased commercial shops
* Current income: **AED 2,000,000 per year**
* Annual fees: **AED 120,000**
* Selling price: **AED 24,000,000**

**Net income after fees: AED 1,880,000 per year**
**Gross yield on selling price: Approximately 8.3%**

Ideal for investors seeking a large building with established income and a prime location in Al Qasimia.