New building for sale in Muwaileh, Sharjah, with an annual income of 300,000 AED. Permitted configuration: Ground floor + 3 floors (G+3). Currently

New, Tenanted Building for Sale in Muwaileh, Sharjah – Investment Opportunity

An excellent investment opportunity to own a modern building in the Muwaileh area of Sharjah. Only one year old, the property is currently tenanted and generates an annual income of AED 300,000.

Building Details:

Location: Muwaileh, Sharjah

Situated on a dirt road

Plot Area: 3,200 sq. ft.

Built-up Area: 9,000 sq. ft.

Permit: Ground + 3 floors (G+3)

Commercial Units: 4 shops

Residential Units: 9 apartments

1 Elevator

Caretaker’s room

Apartment Specifications:

9 apartments, each consisting of:

1 bedroom and a living room

Kitchen

2 bathrooms

Investment Highlights:

Modern building (1 year old)

Currently tenanted

Generates an annual income of AED 300,000

Includes both residential and commercial units

Ideal for investment and generating annual rental income

Asking Price: AED 4,000,000

Important Note: Ownership is restricted to UAE nationals and citizens of GCC countries only.

An ideal opportunity for investors seeking a modern, tenanted property in the Emirate of Sharjah.

For inquiries, further details, or to arrange a viewing, please get in touch.