For sale is a residential building located in Muwaileh Commercial, Emirate of Sharjah, situated in a lively and high-demand investment area
For sale is a residential building located in Muwaileh Commercial, Emirate of Sharjah, situated in a lively and high-demand investment area. The building consists of a ground floor plus 3 additional floors, with a land area of 2,906 square feet.
The building comprises 13 residential units, including 7 studio units and 9 one-bedroom apartments with a living room. The current total annual income is AED 291,600, with potential for future rental increase.
The asking price is AED 3,700,000 and is negotiable.
Muwaileh Commercial is one of the most active and sought-after areas in Sharjah due to its proximity to universities, schools, and shopping centers, as well as easy access to Sheikh Mohammed Bin Zayed Road and major highways connecting Sharjah with Dubai. The area is known for its high population density and consistent rental demand, making this property a solid investment opportunity with stable returns.