Immeuble à Al Bustan, 3500000 AED - 13379261

For sale in Ajman, a distinctive residential and commercial building in the Al Bustan area. This is a strong investment opportunity for those seeking a property with excellent and potentially increasing annual income, boasting a prime location, premium features, and high-end finishes.

Located in the Al Bustan area of Ajman, the building occupies a 2,400 square foot plot and comprises a ground floor, two upper floors, and a rooftop. Designed to combine residential and commercial spaces, it offers diversified income streams and allows investors to benefit from both residential and retail units within the same property.

The building includes 10 one-bedroom apartments, 6 retail shops, and a caretaker's room, making it ideal for investment and generating a consistent and diverse income from both the residential and commercial units.

The building features a super-luxurious finish, central air conditioning, government electricity, and an elevator. These features significantly enhance the property's value, making it suitable for both residential and rental use, and providing a high level of comfort for tenants.

The building is only six years old, a relatively short lifespan compared to older properties, and currently generates an annual income of AED 300,000, with potential for growth. This presents the investor with an opportunity to enhance future returns by reassessing rents and capitalizing on the rental value of the location, units, and shops.

Property Details:

Property Type: Residential/Commercial Building
Location: Ajman - Al Bustan
Land Area: 2,400 sq ft
Layout: Ground + 2 Floors + Roof
Number of Residential Units: 10
Unit Type: One-bedroom apartments
Number of Retail Shops: 6
Additional Features: Guard Room
Finishing: Super Lux
Air Conditioning: Central
Electricity: Government-Supplied
Elevator: Available
Building Age: 6 years
Current Income: AED 300,000 annually
Income: Potential for growth
Asking Price: AED 3,500,000

This building offers multiple income streams, combining 10 residential units with 6 retail shops. This makes it an ideal choice for investors seeking an established investment property that provides a current annual income with the potential for future growth.

The presence of retail shops within the building is an added advantage, as they can be utilized to generate commercial income in addition to the income generated by the residential units. With central air conditioning, an elevator, high-end finishes, and government electricity, this property is ideal for long-term investment.

The asking price is AED 3,500,000, with a current annual income of AED 300,000 and potential for growth. This makes it an attractive opportunity for investors seeking a ready-to-move-in property with a steady income in the Al Bustan area of Ajman.

For inquiries about the building, income, contracts, and to schedule a viewing, please contact us via WhatsApp: