Mischgebiet in Al Rumaila, 7000000 AED - 16811304

Commercial & Residential G+6 Building for Sale in Al Rumaila 1, Ajman | AED 7,000,000
An excellent investment opportunity to own a spacious G+6 commercial and residential building in Al Rumaila 1, Ajman, near Ajman Corniche. Situated on a 3,993 sq. ft. plot, this property features 25 one-bedroom apartments, 1 two-bedroom apartment, and 3 commercial shops, offering multiple rental income streams under one ownership.
The building generates a reported annual rental income of AED 680,000, making it an attractive option for investors seeking an income-generating property in a convenient and established location in Ajman. Its mixed-use configuration provides a combination of residential and commercial units, appealing to a diverse range of tenants.
Located near Ajman Corniche, the property offers convenient access to nearby shops, restaurants, essential services, and other everyday amenities. With its spacious configuration and diversified unit mix, this building presents an excellent opportunity for investors looking to expand their real estate portfolio.
Property Details:

Location: Al Rumaila 1, Ajman, UAE
Building Type: Commercial & Residential G+6
Land Area: 3,993 sq. ft.
Residential Units: 25 × 1 BHK apartments
Additional Unit: 1 × 2 BHK apartment
Commercial Units: 3 shops
Total Units: 29
Asking Price: AED 7,000,000
Reported Annual Rental Income: AED 680,000
Nearby Landmark: Ajman Corniche

Investment Highlights:

Mixed-use commercial and residential property
Multiple rental income sources
Reported annual income of AED 680,000
Indicative gross rental yield of approximately 9.71% per annum, before expenses and vacancies
Convenient location near Ajman Corniche
Suitable for investors seeking a long-term real estate investment

Asking Price: AED 7,000,000 only.

For more information, rental details, or to arrange a viewing, contact us today to explore this excellent investment opportunity in Al Rumaila 1, Ajman