4,000,000

Own this from just

16,452 AED/month

Property details

Listed

2 hours ago

Property Type

Apartment

Bedrooms

7+ Beds

Bathrooms

7+ Baths

Furnishing

Unfurnished

Area

9,000 ft²

Price per area

AED444/ft²

Available from

14 Nov 2026


APARTMENT FOR SALE IN MUWAILEH 29 BUILDING, MUWAILEH

Commercial Building for Sale in Muwaileh

**New Tenanted Residential and Commercial Building for Sale in Muwaileh, Sharjah – 7.5% Gross Annual Rental Yield**

An attractive investment opportunity to acquire a newly built, income-generating residential and commercial building in Muwaileh, Sharjah.

The property is approximately one year old and currently tenanted, generating an annual rental income of AED 300,000.

The building comprises a ground floor plus three upper floors, with a total of 9 residential apartments and 4 commercial shops, offering diversified rental income from residential and retail units.

**Property Location:**
- Emirate: Sharjah.
- Area: Muwaileh.
- Road Access: Unpaved road.

**Building Specifications:**
- Plot Area: 3,200 sq. ft.
- Built-Up Area: 9,000 sq. ft.
- Building Age: Approximately 1 year.
- Approved Configuration: G+3.
- 4 commercial shops.
- 9 residential apartments.
- 1 elevator.
- 1 caretaker's room.

**Apartment Configuration:**

Each of the 9 apartments consists of:
- 1 bedroom.
- Living hall.
- Kitchen.
- 2 bathrooms.

**Investment Details:**
- Occupancy Status: Tenanted.
- Current Annual Rental Income: AED 300,000.
- Asking Price: AED 4,000,000.
- Current Gross Rental Yield: 7.5% per annum.
- Gross yield is calculated before operating expenses, maintenance and other costs.

**Investment Highlights:**
- Recently constructed building.
- Existing rental income.
- Mixed residential and commercial use.
- 13 rental units in total.
- Suitable for long-term property investment.

**Ownership Restriction:**
Ownership is restricted to UAE nationals and GCC nationals, subject to applicable regulations.

Contact us for further property information, rental income details or to arrange a viewing.

**Tawtheeq Real Estate**
Professional property sales and rental services, helping clients find suitable properties with confidence and transparency.

#Sharjah #Muwaileh #BuildingForSale #InvestmentProperty #TenantedBuilding #CommercialProperty #ResidentialBuilding #RentalIncome #SharjahRea

Amenities

Unfurnished

Balcony

Barbecue Area

Built in Wardrobes

Covered Parking

Central A/C

Security

Concierge

Maid Service

Vastu-compliant


Location

Map preview
Muwaileh 29 Building

About Muwaileh 29 Building

Learn more

Muwaileh 29 Building in Muwaileh offers 2 Bedrooms To 30 Bedrooms properties averaging 9,000 - 60,000 sqft. It currently has 4 active sale listings.

  • Properties Listed4
  • Price range4M - 60M
5.0
2 Reviews

Score Breakdown

Connectivity & Traffic
5.0
Peace & Quiet
5.0
Parks nearby
5.0
Family friendly
5.0
Maintenance
5.0
Parking area
5.0
Amenities
5.0


Provided by

Agent Ibrahim Mustafa

Ibrahim Mustafa

No ratings

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TAWTHEEQ REAL ESTATE

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Response time

within 15 minutes

Experience

3 years

Languages

English, Arabic

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Get the right mortgage for you

300,000 AED200,000,000 AED
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800,000 AED3,200,000 AED
80%
800,000 AED3,200,000 AED
1 year25 years
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Estimate your monthly mortgage payment

Monthly payment

16,452 AED

with interest rate of

3.75%


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Our Mortgage Advisors will be more than happy to help!


Regulatory information
Regulatory information

Reference

38B59P75W50SNJTZCW4GEVN4WC

Listed

2 hours ago

Broker License

140638

Agent License

140638

Agent Ibrahim Mustafa

Ibrahim Mustafa

No ratings

Usually responds within 15 minutes

Own this property from just

16,452 AED /month

Fixed rates from: 3.75%

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