Edificio en Al Nakhil, 11 dormitorios, 5200000 AED - 16931956

Invest in a residential and commercial building in Al Nakhil 1, Ajman, offered for AED 5,200,000 with a stated annual income of AED 400,000.
This property presents an opportunity for investors seeking a mixed-use asset combining residential apartments and retail shops. According to the provided details, an existing investment contract is in place, allowing interested buyers to review the property's income arrangement as part of their investment assessment.
Property Details:

Location: Al Nakhil 1, Ajman.
Plot area: 3,000 sq ft.
Residential units: 12 one-bedroom apartments.
Commercial units: 3 retail shops.
Stated annual income: AED 400,000.
Income arrangement: Existing investment contract.
Asking price: AED 5,200,000.

Investment Highlights:
The building combines residential and commercial uses, offering a mix of unit types within one property. The existing investment contract is an important consideration for buyers evaluating potential income and the terms of the current arrangement.
Location and Investment Potential:
Located in Al Nakhil 1, Ajman, the property may appeal to investors considering long-term real estate ownership. Before proceeding, buyers should review the contract duration, income terms, operating expenses, ownership documents, and any obligations attached to the property.
Based on the stated annual income and asking price, the indicative gross yield is approximately 7.69% per year, before expenses and other costs.
Interested buyers are encouraged to verify the income details and contractual terms before completing the transaction.