Immeuble à Al Rumaila, 11 chambres, 6000000 AED - 15135146

A distinguished investment building for sale in Al Rumailah, featuring a strategic location close to Ajman Corniche, and considered one of the rare investment opportunities in the heart of Ajman.
The building consists of Ground + 6 floors and includes a total of 12 one-bedroom apartments, 15 modern studio units, and 4 retail shops on the ground floor, offering a diversified income stream between residential and commercial use. The building is approximately 12 years old and is in good condition. It is currently fully leased to a single investor.
The property generates a net annual income of AED 400,000, with the current tenant covering all operating and maintenance expenses, making it a stable and hassle-free investment with guaranteed returns for the owner.
The building benefits from a prime and vibrant location close to the sea, public services, restaurants, cafés, and shopping centers, as well as easy access to major roads leading to Dubai, Sharjah, and other emirates, significantly enhancing its long-term investment value.
The asking price is AED 6,000,000, which is negotiable for serious buyers. It is considered a fair price in relation to the annual income, prime location, and overall condition of the property, making it an excellent investment opportunity for those seeking stable returns and long-term growth in a developing and high-demand area.