- Property type: Commercial building
- Location: Al Tai West, Sharjah
- Price: AED 9,500,000
- Plot size: 4500 sq. ft.
Investment building for sale in Al Tai West, Sharjah, located on the first row facing Mleiha Road and offering strong rental income potential in a prominent location.
Property Details:
• Plot size: approximately 4,564 sq. ft.
• Approximate total built-up area: 11,430 sq. ft., including rooftop and pergola areas
• Ground + 2 floors + rooftop
• 3 large commercial shops
• 9 one-bedroom apartments
• 2 studios
• Elevator
• Staircase and service areas
• First-row location facing Mleiha Road
• Freehold ownership for all Arab nationalities
Expected Annual Rental Income:
• 9 one-bedroom apartments: AED 432,000
• 2 studios: AED 62,000
• 3 commercial shops: AED 300,000
Total Expected Annual Income: Approximately AED 794,000
Based on the asking price, the expected gross rental yield is approximately 8.36% per year before expenses.
A strong investment opportunity for buyers looking for an income-generating building with a practical unit mix and a prime first-row location on Mleiha Road.
Asking Price: AED 9,500,000