AED 5,500,000
Own this from just
19,794 AED/month7+ Bathrooms
2,906 sqft / 270 sqm
WHOLE BUILDING FOR SALE IN FIRE STATION ROAD, MUWAILEHA unique investment opportunity - for sale two commercial buildings in Al Muwailih, Sharjah
Location: Al Muwailih - Behind the schools
Area Building 2906.26
Specifications of each building:
7 apartments (1 bedroom and 1 hall)
7 studios
Split duct air conditioning
Current rent:
First building: AED 259,000 per year
Second building: AED 249,000 per year
Expected rent after renovation: AED 290,000 for both buildings
Property age: 15 years
Asking price: AED 5,500,000 only!
Additional Benefits:
Al Muwailih buildings have 14 apartments compared to other buildings in the area which have only 9 apartments
Possibility of renting additional rooms which increases the annual return
All tenants bear the electricity, water and sewerage bills
The owner only pays the utility bill and elevator maintenance
Annual Costs:
Utilities: AED 700 per month
Elevator Maintenance: AED 2,500 per year
Air Conditioning: AED 8,000 per year
Profitable investment with excellent rental return
We are Royal House Real Estate Company specialized in (selling / buying / renting)
All properties in the Emirate of Sharjah
(Lands / Buildings / Villas / Apartments / Workers' Housing / Shops / Commercial Shops)
We also have apartments available for monthly rent and sale in all parts of Sharjah
We are happy to deal with you at any time and wherever you are
Al Dar Al Malaki Real Estate is known as one of the leading real estate companies with over 10 years of experience in the UAE, providing a wide range of diverse professional services, supported by a qualified and experienced team of engineers, consultants, marketing and real estate management specialists. Our goal at Al Dar Al Malaki Real Estate is to continuously improve our comprehensive services and adopt the latest technologies in management and research to keep pace with market requirements and developments.
For sale 2 buildings in Sharjah Al Muwailih
Location: Al Muwailih - Behind the schools
Area Building 2906.26
Specifications of each building:
7 apartments (1 bedroom and 1 hall)
7 studios
Split duct air conditioning
Current rent:
First building: AED 259,000 per year
Second building: AED 249,000 per year
Expected rent after renovation: AED 290,000 for both buildings
Property age: 15 years
Asking price: AED 5,500,000 only!
Additional Benefits:
Al Muwailih buildings have 14 apartments compared to other buildings in the area which have only 9 apartments
Possibility of renting additional rooms which increases the annual return
All tenants bear the electricity, water and sewerage bills
The owner only pays the utility bill and elevator maintenance
Annual Costs:
Utilities: AED 700 per month
Elevator Maintenance: AED 2,500 per year
Air Conditioning: AED 8,000 per year
Profitable investment with excellent rental return
We are Royal House Real Estate Company specialized in (selling / buying / renting)
All properties in the Emirate of Sharjah
(Lands / Buildings / Villas / Apartments / Workers' Housing / Shops / Commercial Shops)
We also have apartments available for monthly rent and sale in all parts of Sharjah
We are happy to deal with you at any time and wherever you are
Al Dar Al Malaki Real Estate is known as one of the leading real estate companies with over 10 years of experience in the UAE, providing a wide range of diverse professional services, supported by a qualified and experienced team of engineers, consultants, marketing and real estate management specialists. Our goal at Al Dar Al Malaki Real Estate is to continuously improve our comprehensive services and adopt the latest technologies in management and research to keep pace with market requirements and developments.
Property details
Property Type
Whole Building
Property Size
2,906 sqft / 270 sqm
Bathrooms
7+
Available from
8 Feb 2025
Location
Provided by
Ahmed Wasoof
No ratings
ROYAL HOUSE REAL ESTATE L.L.C.SP
See all properties (608)Response time
within 30 minutes
Experience
4 years
Languages
Arabic
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Monthly payment
19,794 AED
with interest rate of
3.75%
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Reference
royal-house-real-estate-sp-12718698
Listed
14 days ago
Broker License
901082
Usually responds within 30 minutes
Own this property from just
19,794 AED /month
Fixed rates from: 3.75%
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