Gebäude in Liwara 2, 11 schlafzimmer, 2200000 AED - 17155728

Investment Building for Sale in Liwara 2 – Al Bustan, Ajman | 11 StudiosAn investment opportunity to acquire a residential building in Liwara 2 – Al Bustan, Ajman, featuring 11 studio apartments within a Ground + 3 Floors (G+3) building.
The property has a land area of approximately 2,000 sq ft and is five years old. According to the provided property details, the building is in good condition and does not currently require maintenance.
The building is currently leased under an investment lease agreement generating AED 150,000 annually. The existing agreement is scheduled to expire on August 1, 2027.
The stated hypothetical annual rental income is AED 220,000, subject to achieving the projected rental rates following the existing agreement.
The asking price is AED 2,200,000.

Property Details

Location: Liwara 2 – Al Bustan – Ajman
Property Type: Residential Investment Building
Building Configuration: Ground + 3 Floors (G+3)
Land Area: 2,000 sq ft
Building Age: 5 Years
Total Residential Units: 11 Studio Apartments
Property Condition: No Current Maintenance Required, as Stated
Rental Status: Leased Under an Investment Agreement
Current Annual Contract Value: AED 150,000
Investment Agreement Expiry: August 1, 2027
Hypothetical Annual Rental Income: AED 220,000
Asking Price: AED 2,200,000

Residential Unit BreakdownThe building comprises 11 studio apartments distributed across the ground floor and three upper floors.
The studio-only configuration provides a consistent residential unit type, allowing investors to evaluate future rental income on a unit-by-unit basis after the existing investment agreement expires.

Financial and Investment OverviewCurrent Annual Rental Income
The property is currently leased under an investment agreement generating AED 150,000 annually, with the agreement scheduled to expire on August 1, 2027.
Current Gross Rental Yield
Based on the asking price of AED 2.2 million and the current annual contract value of AED 150,000, the approximate gross rental yield is 6.82% per annum before expenses.
Hypothetical Annual Rental Income
The stated hypothetical rental income is AED 220,000 annually. This is a projection rather than guaranteed income and depends on achieving the anticipated rental rates.
Potential Gross Rental Yield
If the building achieves AED 220,000 in annual rental income, the potential gross rental yield would be approximately 10% per annum before operating expenses.

Key Investment HighlightsLocation in Liwara 2 – Al Bustan
The property is located in Liwara 2 – Al Bustan, Ajman, offering an opportunity for investors seeking smaller residential investment buildings.
11 Studio Apartments
The building comprises 11 studio apartments, providing a consistent residential rental unit category.
Five-Year-Old Building
The property is approximately five years old and is stated to require no current maintenance, subject to independent property inspection.
Existing Investment Lease
The building is leased under an investment agreement valued at AED 150,000 annually, with a stated expiry date of August 1, 2027.
Potential Future Rental Income
Following the existing agreement, investors may evaluate future leasing arrangements and projected rental income, subject to contractual obligations, applicable regulations, and market conditions.
AED 2.2 Million Asking Price
The building is offered for sale at an asking price of AED 2,200,000.

Investment Opportunity in AjmanThis residential investment building in Liwara 2 – Al Bustan combines 11 studio apartments, a G+3 building configuration, a five-year building age, and an existing annual investment lease.
It may suit investors seeking a residential building for sale in Ajman with established contract income and the potential to evaluate future rental income growth.
The current approximate gross rental yield is 6.82%, while the hypothetical gross yield could reach 10% if the projected AED 220,000 annual rental income is achieved.
Location: Liwara 2 – Al Bustan – Ajman
Land Area: 2,000 sq ft
Building Configuration: G+3
Total Units: 11 Studios
Current Annual Income: AED 150,000
Hypothetical Annual Income: AED 220,000
Investment Lease Expiry: August 1, 2027
Asking Price: AED 2,200,000