278.7m² Building in Muwaileh Commercial, UAE No. 77236
ID77236
$ 1 197 898
Property description
Building for Sale in Muweileh, SharjahThis newly renovated building in the thriving Muweileh area is an excellent investment opportunity, offering a stable rental income and modern facilities.
Building Details:
• G + 3
• 25 studio apartments and a dedicated watchman room
Renovation Details:
This has been fully upgraded to ensure high-quality living standards, including:
• New kitchens and bathrooms
• Upgraded AC systems
• Replacement of all pipes, ceramics, doors, and windows
Rental Status:
• Fully rented to families at affordable rates
• Annual rent per unit ranges between AED 13,000 and AED 16,000
• Annual Income: AED 361,500
Asking Price: AED 4,400,000
For more information or to schedule a visit, please contact us at 055 215 9221.
Al Zorah Properties
• We speak Arabic, English, German, Russian, French, Spanish, Hindi, Urdu, Persian, Pashto and Tagalog
• Free consultation and full client support at all stages
• Selection of best available properties
• No hidden fees
• Over 20 years of experience in the UAE Real Estate Market
Al Zorah Properties strive to attract and attain clients with high-value services and the most satisfying living experience, by offering the best possible services, best available selection and the most convenient.
Features
Equipment and Appliances
- Central A/C
Payment and property management
- Property maintenance company
Sharjah - Statistics
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| Parameters | Sharjah |
|---|---|
| Rent Per Month | |
| Apartment (1 bedroom) in City Centre | $ 754.26 |
| Apartment (1 bedroom) Outside of Centre | $ 616.50 |
| Apartment (3 bedrooms) in City Centre | $ 1 598.97 |
| Apartment (3 bedrooms) Outside of Centre | $ 1 122.47 |
| Buy Apartment Price | |
| Price per Square Meter to Buy Apartment in City Centre | $ 8 532.93 |
| Price per Square Meter to Buy Apartment Outside of Centre | $ 5 464.86 |
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| Parameters | Sharjah |
|---|---|
| Crime Index | 16.31 |
| Cost of Living and Rent Index | 36.16 |
| Purchasing Power Index | 127.10 |
| Property Price to Income Ratio | 15.63 |
| Safety Index | 83.69 |
| Traffic CO₂ Index | 13268.00 |
| Traffic Inefficiency Index | 372.17 |
| Rent Index | 20.08 |
| Health Care Index | 60.27 |
| Groceries Index | 36.86 |
| Pollution Index | 48.21 |
| Traffic Commute Time Index | 58.34 |
| Restaurant Price Index | 37.17 |
| Climate Index | 43.35 |
| Cost of Living Index | 48.56 |
| Quality of Life Index | 149.45 |
| Traffic Index | 310.55 |
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| Parameters | Sharjah |
|---|---|
| Restaurants | |
| Meal, Inexpensive Restaurant | $ 5.45 |
| Meal for 2 People, Mid-range Restaurant, Three-course | $ 32.68 |
| McMeal at McDonalds (or Equivalent Combo Meal) | $ 9.26 |
| Domestic Beer (0.5 liter draught) | $ 9.53 |
| Imported Beer (0.33 liter bottle) | $ 9.53 |
| Coke/Pepsi (0.33 liter bottle) | $ 0.97 |
| Water (0.33 liter bottle) | $ 0.35 |
| Cappuccino (regular) | $ 4.31 |
| Markets | |
| Milk (regular), (1 liter) | $ 1.74 |
| Loaf of Fresh White Bread (500g) | $ 1.15 |
| Eggs (regular) (12) | $ 2.81 |
| Local Cheese (1kg) | $ 9.84 |
| Water (1.5 liter bottle) | $ 0.61 |
| Bottle of Wine (Mid-Range) | $ 7.49 |
| Domestic Beer (0.5 liter bottle) | $ 1.91 |
| Imported Beer (0.33 liter bottle) | $ 3.36 |
| Cigarettes 20 Pack (Marlboro) | $ 6.26 |
| Apples (1kg) | $ 1.90 |
| Chicken Fillets (1kg) | $ 6.86 |
| Oranges (1kg) | $ 1.45 |
| Potato (1kg) | $ 1.02 |
| Lettuce (1 head) | $ 1.40 |
| Rice (white), (1kg) | $ 1.96 |
| Tomato (1kg) | $ 1.24 |
| Banana (1kg) | $ 1.53 |
| Onion (1kg) | $ 1.18 |
| Beef Round (1kg) (or Equivalent Back Leg Red Meat) | $ 8.71 |
| Transportation | |
| One-way Ticket (Local Transport) | $ 1.63 |
| Monthly Pass (Regular Price) | $ 40.84 |
| Gasoline (1 liter) | $ 0.79 |
| Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car) | $ 45 033.03 |
| Taxi Start (Normal Tariff) | $ 3.68 |
| Taxi 1km (Normal Tariff) | $ 0.61 |
| Taxi 1hour Waiting (Normal Tariff) | $ 4.90 |
| Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car) | $ 22 351.05 |
| Utilities (Monthly) | |
| Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment | $ 196.76 |
| Internet (60 Mbps or More, Unlimited Data, Cable/ADSL) | $ 102.52 |
| $ 65.43 | |
| Salaries And Financing | |
| Average Monthly Net Salary (After Tax) | $ 2 239.64 |
| Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate | 4.42 |
| Sports And Leisure | |
| Fitness Club, Monthly Fee for 1 Adult | $ 62.97 |
| Tennis Court Rent (1 Hour on Weekend) | $ 38.12 |
| Cinema, International Release, 1 Seat | $ 12.93 |
| Clothing And Shoes | |
| 1 Pair of Jeans (Levis 501 Or Similar) | $ 52.13 |
| 1 Summer Dress in a Chain Store (Zara, H&M, ...) | $ 96.67 |
| 1 Pair of Nike Running Shoes (Mid-Range) | $ 96.46 |
| 1 Pair of Men Leather Business Shoes | $ 81.46 |
| Childcare | |
| Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child | $ 276.84 |
| International Primary School, Yearly for 1 Child | $ 6 068.33 |
Data are provided by Numbeo.com and are based on its users survey. Emirates.estate can not guarantee the validity of these data.
Contact the seller
Sharjah
Muwaileh Commercial
Building
278.7 m²
- m²
- sq. ft
$ 1 197 898
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