3,800,000
Own this from just
15,630 AED/monthProperty details
Listed
1 month ago
Property Type
Whole Building
Bathrooms
7+ Baths
Furnishing
Furnished
Area
3,000 ft²
Price per area
AED1,266/ft²
Available from
23 Sep 2026
WHOLE BUILDING FOR SALE IN MUWAILEH 29 BUILDING, MUWAILEHA residential and commercial building is available for sale in Muwaileh Sharjah, offering a good investment opportunity with existing rental income and potential for future income growth. The building is 8 years old and is built on a 3,000 sq ft plot. It consists of a ground floor and three additional floors and is equipped with an elevator serving all floors.
The property includes 9 one bedroom apartments, all leased to one investor under a single tenancy contract, generating AED 312,000 annually including the guard room. The building also includes 4 commercial shops, with one shop currently rented for AED 12,000 per year while the remaining 3 shops are vacant and available for future leasing.
The current annual income is AED 324,000, with additional potential income from the three vacant shops. The asking price for the building is AED 3,800,000.
8 Years Old Building \ 10% Income
The property includes 9 one bedroom apartments, all leased to one investor under a single tenancy contract, generating AED 312,000 annually including the guard room. The building also includes 4 commercial shops, with one shop currently rented for AED 12,000 per year while the remaining 3 shops are vacant and available for future leasing.
The current annual income is AED 324,000, with additional potential income from the three vacant shops. The asking price for the building is AED 3,800,000.
Amenities
Furnished
Networked
Covered Parking
Location
About Muwaileh 29 Building
Learn more- Properties Listed1
- Price range30M - 60M
5.02 Reviews
Score Breakdown
- Sarah P.
It's a good company I like the apartments
- Muhammad
Best area for the business and family Residential development
Provided by
Muhammad Helmy
No ratings
KUNOOZ REAL ESTATE L.L.C SP
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within 15 minutes
Experience
3 years
Languages
English, Arabic
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Reference
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Listed
1 month ago
Broker License
920620
Usually responds within 15 minutes
Own this property from just
15,630 AED /month
Fixed rates from: 3.75%
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