New building for sale in Al Butina, Sharjah, generating an annual income of 290,000 AED. It comprises 6 apartments, each consisting of two bedrooms an

New Building for Sale in Al Butina – Sharjah | Annual Income: AED 290,000

An excellent investment opportunity to own a new building in the Al Butina area of Sharjah. The property features deluxe finishes, high-quality construction materials, and superior technical specifications, making it an ideal choice for investors seeking a modern asset with a strong rental yield.

Building Details:
• Location: Al Butina – Sharjah.
• Plot Area: 232 square meters.
• Property Status: New building.
• Finishes: Deluxe, using high-quality materials.
• Elevator: Mitsubishi.
• Air Conditioning: Carrier.

Building Composition:
• 6 apartments, each consisting of 2 bedrooms and a living room.
• 1 apartment consisting of 1 bedroom and a living room.
• 1 studio.
• 1 dedicated room for a building caretaker (watchman).

Key Features:
• Newly constructed with high-end specifications.
• Premium finishes and high-quality materials.
• Mitsubishi elevator.
• Carrier air conditioning system.
• A diverse mix of residential units, catering to various tenant segments.

Financial Details:
• Asking Price: AED 4,000,000.
• Current Annual Rental Income: AED 290,000.
• Approximate Gross Rental Yield: 7.25% per annum based on the asking price.

An ideal real estate investment opportunity in a prime Sharjah location, featuring a new building with high-quality specifications and an established rental income. For further details and inquiries regarding the property, please get in touch.