Residential Investment Building for Sale in Maysaloon, Sharjah – 17 Units with Rental Income and Three-Street Frontage

Residential Investment Building for Sale in Maysaloon, Sharjah – 17 Units with Rental Income and Three-Street Frontage
An attractive opportunity for property investors to acquire an income-generating residential building in Maysaloon, Sharjah.
The building enjoys a prominent location with frontage on three streets and is situated approximately 100 metres from a nearby park.
Featuring 17 residential units across a ground floor and two upper floors, the property offers a diversified rental mix with potential for income improvement.
Property Details:

Location: Maysaloon, Sharjah.
Property Type: Residential Investment Building.
Land Area: 577 sq. m.
Approximate Land Area: 6,210 sq. ft.
Frontage: Three streets.
Distance to Park: Approximately 100 metres.
Building Configuration: Ground + 2 Floors.
Total Residential Units: 17.

Unit Breakdown:

9 one-bedroom apartments with living halls.
4 two-bedroom apartments with living halls.
4 studio apartments.

Investment Details:

Reported Current Annual Rental Income: AED 420,925.
Projected Annual Income After Rental Adjustments: AED 453,000.
Some existing rental contracts are below the proposed revised rental levels.

Asking Price: AED 5,500,000.
The building offers an opportunity to acquire a residential rental asset with an established income stream and potential for future rental growth, subject to existing tenancy agreements and applicable regulations.
Contact us for further details, rental information or to arrange a property inspection.
Tawtheeq Real Estate
Professional property sales and rental services, helping clients find suitable properties with confidence and transparency.
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