Mixed-Use Residential and Commercial Building for Sale in Al Qasimia – Al Nad | Current Income: AED 520,000 (Potential to Increase to AED 700,000)

An Excellent Investment Opportunity in Al Qasimia – Al Nad, Sharjah
A mixed-use residential and commercial building, ideally located behind Medcare Hospital. Situated on a 10,000 sq. ft. plot, the property comprises 23 units, including residential apartments, studios, and commercial shops.
Property Details:
Location: Al Qasimia – Al Nad, behind Medcare Hospital
Plot Area: 10,000 sq. ft.
Number of Units: 23 diverse units
Unit Types: 2-bedroom apartments, 1-bedroom apartments, studios, and commercial shops
Current Annual Income: AED 520,000
Projected Income: Up to AED 700,000 annually through rental adjustments
Asking Price: AED 7,000,000
Investment Highlights:
Prime location in the Al Qasimia area
A mix of residential and commercial units
Current rental rates are low, offering significant potential for future yield growth
For further details, please contact us.