AED 4,200,000
Own this from just
17,275 AED/month1 Bedroom
1 Bathroom
2,906 sqft / 270 sqm
WHOLE BUILDING FOR SALE IN AJMAN UPTOWNIn the heart of the Muwailih Commercial District, a unique investment opportunity is available in a mixed-use property spanning 2,906 square feet. Strategically located on Qar Street, this property represents an ideal real estate investment model in an area experiencing increasing demand for residential and commercial space.
The property consists of a ground floor and three upper floors and was constructed six years ago, meaning it remains in excellent condition to meet modern market requirements. The property features 23 residential studios and three retail shops, offering investors a variety of income sources.
The current income from this property is AED 367,000 per year, and with plans to increase rents or improve some facilities, the annual income is expected to rise to AED 420,000. This potential increase in income enhances the property's appeal as a long-term investment.
The final selling price for the property is AED 4.2 million. Considering its strategic location and the modern infrastructure surrounding it, this price is highly competitive in the current real estate market. Investing in this property offers investors the opportunity to achieve stable and increasing financial returns over the long term.
In addition, the Muwailih Commercial Area is witnessing significant growth in infrastructure and services, increasing the value of its properties. The property's proximity to public facilities and transportation makes it an ideal choice for investors seeking investment opportunities that generate good returns.
In conclusion, this property represents an investment opportunity not to be missed, combining a prime location, modern design, and a good financial return. It is an investment that guarantees investors tangible gains in a market experiencing sustainable growth.
Building for sale in Muwailih area, Sharjah
The property consists of a ground floor and three upper floors and was constructed six years ago, meaning it remains in excellent condition to meet modern market requirements. The property features 23 residential studios and three retail shops, offering investors a variety of income sources.
The current income from this property is AED 367,000 per year, and with plans to increase rents or improve some facilities, the annual income is expected to rise to AED 420,000. This potential increase in income enhances the property's appeal as a long-term investment.
The final selling price for the property is AED 4.2 million. Considering its strategic location and the modern infrastructure surrounding it, this price is highly competitive in the current real estate market. Investing in this property offers investors the opportunity to achieve stable and increasing financial returns over the long term.
In addition, the Muwailih Commercial Area is witnessing significant growth in infrastructure and services, increasing the value of its properties. The property's proximity to public facilities and transportation makes it an ideal choice for investors seeking investment opportunities that generate good returns.
In conclusion, this property represents an investment opportunity not to be missed, combining a prime location, modern design, and a good financial return. It is an investment that guarantees investors tangible gains in a market experiencing sustainable growth.
Property details
Property Type
Whole Building
Property Size
2,906 sqft / 270 sqm
Bedrooms
1
Bathrooms
1
Available from
14 Apr 2025
Amenities
Central A/C
Balcony
Security
Concierge
Maid Service
Covered Parking
Lobby in Building
Vastu-compliant
Location
Provided by
Ehab Badran
No ratings
EVAGE REAL ESTATE SPS.LLC
See all properties (628)Response time
within 15 minutes
Experience
8 years
Languages
English, Arabic
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Monthly payment
17,275 AED
with interest rate of
3.75%
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Regulatory information
Reference
01JRT9ANKTMWTBV3G0AWPK7C21
Listed
7 days ago
Broker License
126058
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