Building for Sale in Muwaileh Commercial, Sharjah Annual Income Up to AED 680,000 | Ground + 3 Floors | Mixed Residential & Retail Investment An investment opportunity in Muwaileh Commercial, Sharjah. This stone-built property is approximately 7 years old and comprises residential apartments and retail shops, offering multiple rental income sources.

Property Details

Location: Muwaileh Commercial, Sharjah
Plot Area: 4,840 sq. ft.
Building Configuration: Ground Floor + 3 Floors
Building Age: 7 years
Construction: Stone

Building Composition

17 one-bedroom apartments
3 retail shops

Investment Details

Current Annual Income: AED 625,000
Potential Annual Income After Increase: Up to AED 680,000
Asking Price: AED 8,200,000

Approximate Gross Rental Yield

Based on current income: 7.62% annually
Based on the projected increased income: 8.29% annually

Yields are calculated before maintenance, service charges, and other operating expenses. The projected income depends on the proposed rental increase being achieved.

This property may suit investors seeking a mixed-use building with residential and retail rental income in Sharjah.

For more information or to arrange a viewing:

Eman | Al Basmah Real Estate