Gebäude in Corniche Ajman, 2600000 AED - 17046430

Commercial Investment Building for Sale – Second Plot from Ajman Corniche – Corner on Two RoadsAn investment opportunity to acquire a commercial property located on the second plot from Ajman Corniche, occupying a corner position with frontage on two roads.
The property measures 3,070 sq ft and benefits from Ground + 6 Floors building permission.
The existing building accommodates a restaurant and cafe, currently rented for a combined annual income of AED 200,000, payable in four installments.
The property is offered at AED 2,600,000, representing an approximate gross rental yield of 7.69% per annum.

Property Details

Location: Ajman Corniche
Position: Second Plot from the Corniche
Property Type: Commercial Investment Building
Plot Position: Corner on Two Roads
Area: 3,070 sq ft
Building Permission: Ground + 6 Floors (G+6)
Existing Commercial Uses: Restaurant and Cafe
Rental Status: Rented
Annual Rental Income: AED 200,000
Rental Payment Terms: 4 Installments
Asking Price: AED 2,600,000

Key Investment HighlightsLocation Near Ajman Corniche
Situated on the second plot from Ajman Corniche, the property offers a location close to Ajman's waterfront area.
Corner Position with Two Road Frontages
The commercial building occupies a corner plot facing two roads, providing frontage on both sides.
Existing Restaurant and Cafe Tenancies
The property accommodates a rented restaurant and cafe, providing established rental income from existing commercial uses.
AED 200,000 Annual Rental Income
The stated rental income totals AED 200,000 per year, payable in four installments under the current rental arrangement.
Ground + 6 Floors Building Permission
The property benefits from G+6 building permission, allowing investors to evaluate future development options subject to relevant authority approvals and regulations.
Approximate 7.69% Gross Rental Yield
Based on the current annual rental income and asking price, the property offers an approximate gross rental yield of 7.69% before expenses.

Investment OpportunityThis commercial investment property combines proximity to Ajman Corniche, a corner position on two roads, existing restaurant and cafe rental income, and Ground + 6 Floors building permission.
It may suit investors seeking a commercial real estate asset with established income and potential for future redevelopment evaluation.
Location: Second Plot from Ajman Corniche.
Area: 3,070 sq ft.
Building Permission: G+6.
Annual Rental Income: AED 200,000 – Four Installments.
Asking Price: AED 2,600,000.