Thani Yarmook Building, Halwan

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Commercial Whole Buildings for sale in Thani Yarmook Building

Wael Mostafa

Al Ofoq Real Estate

• Excellent investment opportunity in Al Yarmook, Sharjah
• Fully rented building generating rental income from day one
• Strategic location on two streets and a service lane
• Well-maintained building with no immediate maintenance expenses reported
• 7 income-generating units combining residential and commercial spaces

**Building Details:**
- Plot Area: 2,500 sq. ft.
- 2 apartments, each with 2 bedrooms and an enclosed living room
- 2 spacious studio apartments
- 3 active retail shops

**Current Annual Rental Income:**

| Unit | Annual Rent |
|---|---:|
| Apartment 1 | AED 25,000 |
| Apartment 2 | AED 25,000 |
| Studio 1 | AED 15,000 |
| Studio 2 | AED 15,000 |
| 3 Retail Shops | AED 60,000 |
| **Total Annual Income** | **AED 140,000** |

**Potential Rental Income Growth:**

The existing tenancy contracts are old, and rents have not been increased for a considerable period. Based on the information provided, the next opportunity to review and renew the contracts is expected in 2027, following the applicable three-year period.

According to the owner's estimate, the annual rental income could potentially reach approximately AED 200,000 if the units are rented at rates reflecting current market levels and the property's location.

**Investment Highlights:**
- Existing annual rental income
- Fully occupied property
- Diversified income from residential and commercial units
- Potential to improve rental returns in the future

**Location:** Al Yarmook, Sharjah, UAE

An attractive opportunity for investors seeking an income-generating property with established tenants and potential for future rental growth.

Al Ofoq Real Estate
Your Trusted Partner for Exceptional Residential and Investment Property Opportunities in the UAE

Commercial Whole Buildings for sale in Thani Yarmook Building

Commercial sale listings

Fully Rented Investment Building, AED 140K Income

Wael Mostafa

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