Residential Building Al Majaz 2 59 Units

For Sale: Prime Residential Building in Al Majaz 2

Property Details:

Location: Al Majaz 2, a vibrant and central area in Sharjah.
Plot Area: 10,000 sq. ft. (Corner Plot).
Structure: Ground + 9 floors.
Units Breakdown:
47 two-bedroom apartments.
12 one-bedroom apartments.
Age of the Building: 34 years.

Investment Returns:

Annual Income: AED 1.4 million.
Occupancy Rate: High demand due to the prime location and well-designed units.

Advantages and Location Features:

Strategic location in the heart of Sharjah with easy access to major roads and key amenities.
Close proximity to shopping centers, schools, hospitals, and restaurants.
Ideal for long-term investment due to the high rental demand in the area.

Investment Highlights:

Stable and consistent rental income.
Well-distributed residential units to attract a variety of tenants.
Potential for enhancement and increased returns with minor upgrades.

Asking Price:

AED 12.5 million.

For inquiries and further details, please contact:
[+971503063636]

Property details

Property Type

Whole Building

Property Size

10,000 sqft / 929 sqm

Bathrooms