Gebäude in Al Rumaila, 11 schlafzimmer, 8500000 AED - 16571272

Residential and Commercial Building for Sale in Al Rumaila 1 Ajman Corner Plot on Three Roads

An exceptional investment opportunity to own a residential and commercial building in Al Rumaila 1 Ajman in a prime location on the corner of three roads with a large plot area of 11380 square feet

The building enjoys an excellent location with three road frontages providing outstanding visibility for commercial shops and easy access from multiple directions

The property has undergone complete maintenance and is suitable for investors seeking an existing income generating property with excellent potential for increasing rental returns

Property Details

Location Al Rumaila 1 Ajman

Plot Area 11380 square feet

Plot Area 1057 square meters

Property Type Residential and Commercial

Location Corner on Three Roads

Existing Building Ground Floor Plus Three Floors

Building Permission Ground Floor Plus Six Floors

Complete Building Maintenance Completed

Building Composition

20 Apartments Each Consisting of Three Bedrooms and a Living Room

2 Studio Apartments

10 Commercial Shops

Total 32 Residential and Commercial Units

Prime Location Advantages

Prime location in Al Rumaila 1 Ajman

Corner property with three road frontages

Easy access from multiple directions

Excellent visibility for commercial shops

Suitable for both residential and commercial investment

Large plot area with permission for a ground floor plus six floors offering future development potential subject to the necessary approvals

Rental Income and Investment Returns

Current Annual Rental Income AED 744000

Potential Annual Rental Income After Renewing All Contracts Estimated at AED 1000000

Asking Price AED 8500000

An excellent opportunity to acquire an existing residential and commercial building in a prime three road corner location with established rental income and potential to increase returns through contract renewals and rental adjustments

For further information and to arrange a property viewing please contact us