New Building | Fully Rented | Strong Rental Income

New Building for Sale in Muwaileh, Sharjah | Fully RentedAn excellent investment opportunity to own a newly built residential and commercial building in Muwaileh, Sharjah. The property is fully rented and generates an annual rental income of AED 300,000, making it an attractive option for investors seeking a ready income-generating property.
The building is only one year old and offers a practical combination of commercial shops and residential apartments.
Property Details:

Location: Muwaileh, Sharjah
Building Age: 1 Year
Land Area: 3,200 sq. ft.
Built-up Area: 9,000 sq. ft.
Building Permit: Ground + 3 Floors
4 Commercial Shops
9 Residential Apartments
1 Elevator
1 Watchman Room
Road Access: Unpaved Road

Apartment Details:
Each apartment consists of:

1 Bedroom
Living Room
Kitchen
2 Bathrooms

Investment Details:

Current Annual Rental Income: AED 300,000
Asking Price: AED 4,000,000
Approximate Gross Rental Yield: 7.5% annually, before expenses

Ownership: Available exclusively to UAE and GCC nationals, subject to applicable regulations.
A great opportunity to acquire a relatively new, fully rented building with an established rental income.
For more information or to arrange a viewing, please contact us.