Gebäude in Al Nakhil, 2650000 AED - 16802246

Commercial Building for Sale – Near Ajman CornicheAn investment opportunity to acquire a commercial building strategically located on the second plot from Ajman Corniche, positioned on a corner with access from two roads.
The property currently generates rental income from an existing restaurant and café and benefits from a Ground + 6 Floors building permit.

Property Details

Location: Second Plot from Ajman Corniche
Property Type: Commercial Building
Position: Corner on Two Roads
Plot Area: 3,070 sq ft
Building Permit: Ground + 6 Floors (G+6)
Existing Tenants: Restaurant and Café

Investment Details

Current Annual Rental Income: AED 200,000
Rental Payments: 4 Installments Per Year
Asking Price: AED 2,650,000
Approximate Current Gross Rental Yield: 7.55% Per Annum

Property HighlightsThe property enjoys a strategic location just one plot away from Ajman Corniche, with a corner position providing frontage on two roads.
The building currently accommodates a rented restaurant and café generating a combined annual rental income of AED 200,000, collected in four installments.
The stated Ground + 6 Floors building permit also provides an opportunity to explore future development potential, subject to applicable authority requirements and approvals.
This commercial property offers an existing income stream together with a prominent location near Ajman's waterfront.
Asking Price: AED 2,650,000.
Current Annual Rental Income: AED 200,000.
Approximate Gross Rental Yield: 7.55%.