An investment gem with a view of Khalid Lake! 3-bedroom apartment at an incredible price

For sale: 3-bedroom apartment with a living area in one of Sharjah’s most vibrant and prestigious districts (Al Majaz 3). Features an exceptional location, complete interior finishes, and a guaranteed immediate return on investment!
Location: Al Majaz 3, Sharjah (with a stunning view of Khalid Lake).
Size: 1,300 square feet.
Property Age: 25 years (established building in a strategic location).
Apartment Features & Finishes (fully renovated):
• 3 bedrooms and a comfortable living area.
• Modern, comprehensive interior finishes, including doors, kitchen, bathrooms, flooring, and air conditioning.
• Balcony with a magnificent view of Khalid Lake.
• Note: The apartment does not include a parking space.
Investment Details:
• Tenancy Status: Currently rented (to bachelors) for AED 45,000 per year under an official, attested contract (offering an excellent immediate gross yield of up to 9%!).
• Annual Service Charges: Very low—only AED 4,000 (ensuring a high net profit).
• Asking Price: Only AED 500,000!