A prime residential and commercial investment building is available for sale in Al Qasimia, Sharjah, offering an excellent opportunity for investors seeking a large income-generating property in a strategic and established location. The building is arranged as a ground floor plus three additional floors, with a total land area of approximately 650 square meters, equivalent to around 7,000 square feet. The property has a diverse unit mix consisting of 40 two-bedroom apartments with living rooms, 11 one-bedroom apartments with living rooms, and 13 studio apartments. In addition, the building includes 2 commercial shops and 32 parking spaces, providing a well-balanced combination of residential and commercial income. The entire building is currently fully rented, generating an annual rental income of approximately AED 2,200,000. The current income has potential to increase by up to 20%, providing an attractive opportunity for investors looking to improve the future rental return and overall investment performance. The building is approximately 15 years old and represents a suitable opportunity to acquire an established income-producing asset in one of Sharjah’s active residential and commercial areas. Al Qasimia offers a strategic location with convenient access to major roads, surrounding residential communities, commercial destinations, services, and essential facilities. The wide variety of residential units provides multiple rental options and helps diversify the income generated by the property. The presence of two commercial shops adds another source of revenue, while the 32 dedicated parking spaces provide an important advantage for residents and contribute to the overall attractiveness of the building. Since the property is fully rented, the new owner can acquire an established investment with an existing annual income rather than starting from an empty property and building occupancy from the beginning. The combination of a substantial number of residential un

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Prime Fully Rented Building for Sale in Al Qasimia

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