New Investment Building for Sale in Tilal City, Sharjah | 12 Apartments | Expected Annual ROI 9.86%

New Building for Sale in Tilal City, Sharjah | 12 Apartments | Expected Annual Rental Income AED 690,000
A great investment opportunity to own a newly constructed building currently nearing completion in Tilal City, Sharjah. The building features a practical layout and excellent residential unit distribution, with kitchens, bathrooms, and sanitary fittings ready.
Building Details & Areas:

Plot Area: Approximately 461.5 sqm.
Ground Floor Area: 293 sqm.
Typical Floor Area: 288 sqm.
Roof Area: 32.60 sqm.
Total Built-up Area: Approximately 901.6 sqm.

Apartment Distribution:

6 One-Bedroom Apartments with Living Room.
6 Two-Bedroom Apartments with Living Room.
Total: 12 Apartments.
Each Floor Consists of 2 Two-Bedroom Apartments and 2 One-Bedroom Apartments.

Building Facilities & Services:

Watchman’s Room.
Electrical Service Rooms.
Gas Room.
Telecommunications Room.
Waste Room.
Ready Kitchens.
Ready Bathrooms.
Installed Sanitary Fittings.

Approximate Expected Annual Rental Income:

6 One-Bedroom Apartments at approximately AED 45,000 each: AED 270,000 annually.
6 Two-Bedroom Apartments at approximately AED 70,000 each: AED 420,000 annually.

Total Expected Annual Rental Income: Approximately AED 690,000.
Expected Annual Rental Yield: Approximately 9.86%.
Asking Price: AED 7,000,000.