Residential Building| High good and good Location

For sale: A distinctive building located in the Muwaileh area – Sharjah, featuring a strategic location on an 18-meter wide street, close to Al-Diya Mosque, ensuring easy access to various vital areas of Sharjah.

Specifications:

The building consists of G+3 with 25 studios.
Building age: 13 years.
Very low operational costs, amounting to only AED 34,500 annually.
Investment Return:

Current annual income: AED 380,000.
Expected income after adjusting the rent of 4 apartments: AED 435,000 annually, reflecting a significant increase in returns.
Asking price: AED 4,600,000.

This opportunity represents an excellent investment in a prime, in-demand location, making it an ideal choice for those seeking a steady and continuous income.

Company name: True Home Real Estate
License Sharjah: 742193.
License Dubai: 764784.
RERA ORN: 17233.
www. truehome. ae

Company Profile: TRUE HOME Property Management Services is composed of a team of experts and professionals that provide real estate brokerage, property development, and property management services. "We aim to be one of the best in the market with our commitment to deliver quality service to our clients whether buying, selling, or renting as we stand by the values of dedication, integrity, and reliability.’’

Property details

Property Type

Whole Building

Property Size

8,000 sqft / 743 sqm

Bathrooms