Investment building for sale in Maysaloon, Sharjah. Generates an annual income of 453,000 AED. Features a prime location with frontage on three street

Residential Investment Building for Sale in Maysaloon, Sharjah – Prime Location with Three-Street Frontage

An exceptional investment opportunity to own a residential building in the Maysaloon area of Sharjah. The property boasts a strategic location with frontage on three streets and is situated just 100 meters from a park—an ideal choice for investors seeking a residential asset with potential for increased rental income.

Location

Maysaloon, Sharjah
Prime location with three-street frontage
Only 100 meters from the park
Close to essential services and amenities

Building Details

Permit: Ground + 2 Floors (G+2)
Land Area: 577 square meters (approx. 6,210 square feet)
Total Residential Units: 17

Building Composition

9 x 1-bedroom apartments (with living room)
4 x 2-bedroom apartments (with living room)
4 x Studios

Investment Details

Current Annual Income: AED 420,925
Projected Annual Income (after rent adjustments): AED 453,000
Some existing lease agreements are below market value, offering an opportunity to increase income upon contract renewal.

Asking Price: AED 5,500,000

Investment Highlights

Residential building with a diverse unit mix
Prime location with three-street frontage
Very close to the park
17 residential units
Potential to enhance rental yield through rent adjustments
Suitable for long-term investment and generating annual income

Don’t miss this opportunity to own an investment building in one of Sharjah’s prime residential areas.

For further details or to schedule a viewing, please contact us. Please contact us