A limited offer from Al Sahl Real Estate to sell a distinguished investment building in Muwaileh Commercial Area, Emirate of Sharjah. The property enjoys an excellent corner location on a paved street, giving it strong value and high rental demand in one of the most vibrant areas.
The building consists of a ground floor plus seven floors and includes 98 residential apartments, in addition to five large retail shops on the ground floor, parking spaces, a mosque, service rooms for the building, three elevators, two staircases, and a central air conditioning system. The land area is 20,544 square feet, and the building is 18 years old.
The current annual income is AED 3,416,000, with an opportunity to increase the income to AED 3,900,000 after the ongoing adjustments, making it a strong investment opportunity for direct buyers only. Ownership is available to GCC nationals.