Building for Sale in Al Falah, Muwaileh

Building for Sale in Al Falah, Muwaileh | Sharjah
An excellent investment opportunity to own a residential and commercial building in Al Falah, Muwaileh, Sharjah. The building consists of a ground floor and four repeated floors, offering a diverse mix of residential units and retail shops. With strong existing rental income and additional income potential from currently vacant units, this property is an attractive option for investors seeking a ready income-generating asset in a sought-after residential and commercial area.

Property Details:
- Location: Al Falah, Muwaileh, Sharjah
- Property Type: Residential & Commercial Building
- Building Configuration: Ground Floor + 4 Repeated Floors
- Plot Area: 6,500 sq. ft.
Building Composition:
- 16 one-bedroom apartments with living rooms, including 8 units with balconies
- 4 two-bedroom apartments with living rooms and balconies
- 6 studio apartments, including 2 large studios
- 3 retail shops
Annual Rental Income:
- Current Annual Income: AED 1,033,000
- Potential Annual Income when all units are rented: AED 1,154,000
Final Selling Price: AED 13,500,000

A suitable opportunity for investors looking for a residential and commercial property with established rental income and the potential to increase returns by leasing the remaining vacant units.

For inquiries:
Kunooz Real Estate