Building for Sale in Al Falah, Muwaileh

Building for Sale in Al Falah, Muwaileh | SharjahAn excellent investment opportunity to own a residential and commercial building in Al Falah, Muwaileh, Sharjah. The building consists of a ground floor and four repeated floors, offering a diverse mix of residential units and retail shops. With strong existing rental income and additional income potential from currently vacant units, this property is an attractive option for investors seeking a ready income-generating asset in a sought-after residential and commercial area.
Property Details:

Location: Al Falah, Muwaileh, Sharjah
Property Type: Residential & Commercial Building
Building Configuration: Ground Floor + 4 Repeated Floors
Plot Area: 6,500 sq. ft.

Building Composition:

16 one-bedroom apartments with living rooms, including 8 units with balconies
4 two-bedroom apartments with living rooms and balconies
6 studio apartments, including 2 large studios
3 retail shops

Annual Rental Income:

Current Annual Income: AED 1,033,000
Potential Annual Income when all units are rented: AED 1,154,000

Final Selling Price: AED 13,500,000
A suitable opportunity for investors looking for a residential and commercial property with established rental income and the potential to increase returns by leasing the remaining vacant units.
For inquiries:
Kunooz Real Estate