Strong investment opportunity in Dream Tower – Nahda, Sharjah
Ready-made investment with an existing income with expected rental growth
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Details of the apartment:
• Two bedrooms
• 2 bathrooms
• Maid room
• Independent kitchen
• Private parking
• Area 1400 feet
• Currently leased for AED 48,000 per year
• Expected rent in the next year: AED 53,000
• The lease contract is valid until 12/8/2026
• Asking price: 500,000 AED
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Investment Analysis:
• Current return of about 9.6% per year
• Expected return after raising the rent up to 10.6% per year
• Fixed income with the possibility of a confirmed increase according to market prices
• A very much-needed location for proximity to Dubai and services