Gebäude in Al Rumaila, 11 schlafzimmer, 8500000 AED - 16493855

Building for Sale in Ajman, Al Rumaila 1 – Sheikh Rashid Bin Humaid Main Street
This is an exceptional investment opportunity for those seeking a mixed-use (residential and commercial) property in one of Ajman’s most vibrant and sought-after locations. The building boasts a strategic position on the main Sheikh Rashid Bin Humaid Street in the Al Rumaila 1 area. Situated on a corner plot facing two streets, it enjoys excellent frontage, high visibility, and easy accessibility. Furthermore, the location is highly desirable for both residential and commercial purposes, with strong demand for units and retail spaces in the area.
The building sits on a plot of 611 square meters (approximately 6,580 square feet) and is zoned for mixed residential and commercial use. It is approved for a ground floor plus six upper floors, making it an ideal asset for investors looking to combine residential and commercial income streams in a prime location.
The property comprises 16 two-bedroom apartments and 13 commercial shops. This excellent configuration offers diversified income sources, making the property well-suited for long-term investment. The combination of residential units and commercial shops ensures stable income while providing the investor with greater flexibility in property management and the ability to capitalize on the building's prime location.
A key advantage of this opportunity is that the building has undergone comprehensive maintenance, providing the investor with a ready-to-use asset without the need for significant immediate maintenance costs upon acquisition. Additionally, its location on a main street and a corner plot enhances its investment and commercial value, making it highly attractive to tenants and business owners alike. The building currently generates an annual income of AED 800,000, with the potential to increase to approximately AED 900,000 upon the renewal of all tenancy contracts. This makes the property an excellent opportunity for investors seeking solid annual income alongside the potential to enhance returns through active management and lease renewals.
The asking price is AED 8.5 million.
This building represents a prime opportunity for investors seeking an established, income-generating property in a key location. It benefits from a mix of residential and commercial activity, a variety of units (apartments and retail shops), a favorable size, mixed-use (residential/commercial) zoning, and a distinctive location on the main Sheikh Rashid bin Humaid Street.
Property Highlights:
Building for sale in Al Rumaila 1, Ajman
Prime location on Sheikh Rashid bin Humaid Street
Corner building (facing two streets)
Mixed-use zoning (residential/commercial)
Land area: 611 square meters
Built-up area: Approximately 6,580 square feet
Building permit: Ground floor plus 6 upper floors
Comprises 16 apartments (2 bedrooms + living room)
13 retail shops
Full maintenance of the building has been completed
Current annual income: AED 800,000
Projected annual income (after renewing all contracts): AED 900,000
Asking price: AED 8.5 million
An ideal investment opportunity for those seeking a ready-to-use, income-generating building in a vibrant, high-demand location, with the potential to boost annual income through lease renewals. Its prime location, mixed-use zoning, and diverse unit mix make this building a compelling prospect for investors—whether aiming for stable annual income or holding the property as a long-term investment with growth potential. For those interested in real estate investment in Ajman, this is an excellent opportunity to acquire an existing building in a prime location, featuring strong current income and clear potential for future revenue growth. To inquire about the building's details and obtain full information regarding units, contracts, and income, please contact us to schedule a viewing.