Commercial building for sale in Muwaileh, Sharjah

Commercial building for sale in Muwaileh, Sharjah
Residential/Commercial corner plot, ground floor + 3 floors
Age: 6 years
Area: 2,500 sq ft
Consists of:
9 one-bedroom apartments
5 retail shops
Guardian's room
Air conditioning: Split ducted
Income: AED 291,000 (subject to increase)
Asking price: AED 3,300,000 (final)
Connected to the sewage network
Ownership available to UAE nationals and GCC nationals
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The building is located in the Muwailih area, in the heart of Sharjah's high-density center. All buildings there are fully rented, and the high demand for rentals makes it a prime investment opportunity. These buildings are also highly sought after for resale due to their reasonable capital requirements and the significant interest from Gulf and local investors, especially given the limited supply in the market. The high rental yield and the absence of annual fees make it a safe haven for investment. Furthermore, the area offers all essential services, including shops, health centers, mosques, and schools