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Global Properties

278.7m² Building in Muwaileh Commercial, UAE No. 68267

$ 1 198 095
$ 4 299 per m²
278.7 Living space, m²
Muwaileh Commercial, UAE
Parameters
Living space, m²
278.7
ID
68267
Type
Building
Property description
Building for Sale in Muweileh, Sharjah

This 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
Features
  • Central A/C
  • Property maintenance company
Statistics Muwaileh Commercial
$ 10 258
Price per m²
150
Quality of Life Index
53
Cost of living Index
Parameters
[:second_city:]
Sharjah
Difference
Monthly Rent Cost
1-Room Apartment
$ 745
2-Room Apartment
$ 946
Apartment Purchase Price per m²
In the City Center
$ 10 258
Outside the City Center
$ 8 207
Crime Index
16
Cost of Living and Rent Index
39
Purchasing Power Index
131
Property Price to Income Ratio
18
Safety Index
84
Traffic CO₂ Index
13025
Traffic Inefficiency Index
367
Rent Index
22
Health Care Index
60
Groceries Index
41
Pollution Index
48
Traffic Commute Time Index
57
Restaurant Price Index
38
Climate Index
43
Cost of Living Index
53
Quality of Life Index
150
Traffic Index
303
Restaurants
Meal, Inexpensive Restaurant
$ 5.45
Meal for 2 People, Mid-range Restaurant, Three-course
$ 32.68
McMeal at McDonalds (or Equivalent Combo Meal)
$ 8.17
Domestic Beer (0.5 liter draught)
$ 9.53
Imported Beer (0.33 liter bottle)
$ 9.53
Coke/Pepsi (0.33 liter bottle)
$ 0.90
Water (0.33 liter bottle)
$ 0.35
Cappuccino (regular)
$ 3.92
Markets
Milk (regular), (1 liter)
$ 1.62
Loaf of Fresh White Bread (500g)
$ 1.18
Eggs (regular) (12)
$ 2.70
Local Cheese (1kg)
$ 9.82
Water (1.5 liter bottle)
$ 0.63
Bottle of Wine (Mid-Range)
$ 15.58
Domestic Beer (0.5 liter bottle)
$ 2.48
Imported Beer (0.33 liter bottle)
$ 2.83
Cigarettes 20 Pack (Marlboro)
$ 6.51
Apples (1kg)
$ 2.12
Chicken Fillets (1kg)
$ 7.55
Oranges (1kg)
$ 1.59
Potato (1kg)
$ 1.02
Lettuce (1 head)
$ 1.40
Rice (white), (1kg)
$ 2.11
Tomato (1kg)
$ 1.28
Banana (1kg)
$ 1.60
Onion (1kg)
$ 1.32
Beef Round (1kg) (or Equivalent Back Leg Red Meat)
$ 10.47
Transportation
One-way Ticket (Local Transport)
$ 1.91
Monthly Pass (Regular Price)
$ 51.06
Gasoline (1 liter)
$ 0.77
Volkswagen Golf 1.4 90 KW Trendline (Or Equivalent New Car)
$ 45 426
Taxi Start (Normal Tariff)
$ 3.68
Taxi 1km (Normal Tariff)
$ 0.68
Taxi 1hour Waiting (Normal Tariff)
$ 4.90
Toyota Corolla Sedan 1.6l 97kW Comfort (Or Equivalent New Car)
$ 22 237
Utilities (Monthly)
Basic (Electricity, Heating, Cooling, Water, Garbage) for 85m2 Apartment
$ 226
Internet (60 Mbps or More, Unlimited Data, Cable/ADSL)
$ 103
Mobile Phone Monthly Plan with Calls and 10GB+ Data
$ 66.31
Salaries And Financing
Average Monthly Net Salary (After Tax)
$ 2 608
Mortgage Interest Rate in Percentages (%), Yearly, for 20 Years Fixed-Rate
5%
Sports And Leisure
Fitness Club, Monthly Fee for 1 Adult
$ 61.27
Tennis Court Rent (1 Hour on Weekend)
$ 21.38
Cinema, International Release, 1 Seat
$ 12.93
Clothing And Shoes
1 Pair of Jeans (Levis 501 Or Similar)
$ 60.75
1 Summer Dress in a Chain Store (Zara, H&M, ...)
$ 78.06
1 Pair of Nike Running Shoes (Mid-Range)
$ 103
1 Pair of Men Leather Business Shoes
$ 93.83
Childcare
Preschool (or Kindergarten), Full Day, Private, Monthly for 1 Child
$ 259
International Primary School, Yearly for 1 Child
$ 8 951
Mohammad Sweid
Al Zorah Properties - F.Z.C
Executive Manager
Contact seller
Mohammad Sweid
Al Zorah Properties - F.Z.C
Executive Manager
Contact seller

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