brand new, fully leased building is for sale in the Muwaileh area of Sharja

Type

Residential Building

Purpose

Sale

Furnishing

Unfurnished

Updated

1st June 2026

Completion Status

Ready

A brand new, fully leased building is for sale in the Muwaileh area of Sharjah. This is an excellent investment opportunity for those seeking a steady income and a rewarding return on investment from a newly built property in one of Sharjah's most vibrant and sought-after areas.

The building boasts a prime location in Muwaileh and is currently leased, generating a stable annual return of approximately 7.5%. This makes it an ideal choice for investors looking for a ready-to-own property with no waiting periods or additional renovations required.

Property Details:

Location: Muwaileh – Sharjah

Land Area: 3,200 sq ft

Built-up Area: 9,000 sq ft

Permit: Ground + 3 Floors (G+3)

Building Components:

4 Retail Shops

9 Residential Apartments

1 Elevator

1 Doorman's Room

Apartment Specifications:

9 apartments consisting of one bedroom, a living room, a kitchen, and two bathrooms

Current Annual Income:

AED 300,000

Property Features:

Newly built building

Fully rented and generating a stable income

Prime location in an area experiencing increasing demand for residential and commercial units

Suitable for long-term investment

Good return on investment compared to the asking price

Asking Price:

AED 4,000,000

Note:

Ownership is available to UAE nationals and GCC nationals only.

The property is offered for direct sale and is an excellent opportunity for investors looking to own a modern building with a steady income and stable return on investment.

Posted on: 1st June 2026