GGICO Building Moweilah, Muwaileh Commercial

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Furnished Compounds for sale in GGICO Building Moweilah

Ashraf Esmael

BEST CHOICE REAL ESTATE  L.L.C.SP

Investment Opportunity in Muwaileh, Sharjah | Fully Occupied Building with 10% Gross ROI

An excellent investment opportunity in Muwaileh, Sharjah, featuring a fully occupied G+7 residential and commercial building situated on a main road.

The property generates an annual rental income of AED 2.2 million, representing a 10% gross rental yield based on the asking price of AED 22 million, before expenses.

The building comprises 42 residential apartments along with 4 commercial shops, offering a diversified income stream from both residential and commercial units.

Property Highlights:

Location: Muwaileh, Sharjah
Building: Ground + 7 Floors
Land Area: 10,000 sq. ft. | 929 sq. m.
Built-up Area: 60,000 sq. ft. | 5,574 sq. m.
Residential Units: 42
14 One-Bedroom Apartments
28 Two-Bedroom Apartments
4 Commercial Shops
Fully Occupied
Building Age: 16 Years
Annual Rental Income: AED 2,200,000
Asking Price: AED 22,000,000
Gross Rental Yield: 10%

Located in Muwaileh, Sharjah, the property offers an established rental income and a combination of residential and commercial units, making it suitable for investors looking for an income-generating building.

Contact us for further details or to arrange a viewing.

Furnished Compounds for sale in GGICO Building Moweilah

G+7 Fully Occupied Building Income10% ROI Muwailh

Ashraf Esmael

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