Terrain à Al Rumaila, 2400000 AED - 16162757

PROPERTY HIGHLIGHTS

Asking Price: AED 2,400,000
Price: Negotiable
Plot Size: 6,300 Sq. Ft.
Land Category: Commercial Residential
Approval: G+4 Approved
Existing Property: Renovated old-style villa currently constructed on the plot
Current Status: Villa is currently rented
Annual Rental Income: AED 160,000
Location: Rumailah / Al Rumailah, Ajman
Area: Prime Corniche area
Road Location: Next to the main Sharjah–Ajman Road
Landmark: Opposite Jabel Sina Medical Center
Investment Advantage: Commercial residential land that is already generating rental income
Future Potential: G+4 approved, allowing the buyer to consider future construction subject to applicable authority requirements and existing tenancy conditions

A UNIQUE INVESTMENT OPPORTUNITY

This property offers more than a conventional land purchase.
The plot is classified as Commercial Residential Land and has G+4 approval.
An existing renovated villa is currently constructed on the property and is rented for AED 160,000 per year.
This means the property is already generating rental income while the buyer holds the asset.
The purchaser can potentially continue receiving the rental income until deciding to construct a new G+4 property, subject to the existing tenancy agreement, applicable laws and authority requirements.
This provides an attractive combination of current rental income and future construction potential.
Instead of purchasing vacant commercial residential land with no current income, the buyer acquires an asset that is already income-generating.
The existing villa can serve as an income-producing asset during the holding period.
The future G+4 approval adds another significant advantage for an investor considering redevelopment at a later stage.

CURRENT RENTAL INCOME

Existing renovated villa
Currently rented
Annual rental income: AED 160,000
Rental income provides an immediate income component for the purchaser.
Buyer can review and verify the current tenancy agreement and rental terms during the transaction.
Subject to the tenancy agreement and applicable regulations, the buyer may continue receiving rental income while considering the timing of future construction.
This makes the property particularly attractive to investors seeking commercial residential land with existing rental income.

COMMERCIAL RESIDENTIAL LAND

The property is specifically positioned as Commercial Residential Land.
G+4 approval provides an attractive future construction option.
The large 6,300 sq. ft. plot offers a substantial land area.
Suitable for investors seeking commercial residential property in a prime Ajman location.
Attractive for buyers looking for a combination of land ownership, rental income and future construction potential.
Future construction should be planned according to the approved building parameters and applicable Ajman authority regulations.

PRIME RUMAILAH / CORNICHE LOCATION

Located in Rumailah, Ajman, in the highly sought-after Corniche area.
Prime location close to the Ajman Corniche.
Situated next to the main Sharjah–Ajman Road.
Opposite Jabel Sina Medical Center, providing a prominent and easily identifiable landmark.
Excellent accessibility toward Ajman and Sharjah.
Close to established residential and commercial areas.
Surrounded by various businesses, services and residential communities.
Strategic location for a commercial residential property.
Excellent opportunity for investors looking for commercial residential land near Ajman Corniche.

WHY INVEST IN THIS PROPERTY?

INVESTMENT CONCEPTBUY → GENERATE RENTAL INCOME → HOLD → PLAN FUTURE CONSTRUCTION

Purchase the commercial residential land with the existing rented villa.
Continue benefiting from the existing AED 160,000 annual rental income, subject to the tenancy arrangement.
Hold the property while evaluating future construction plans.
When the owner decides to proceed and all applicable requirements are satisfied, the existing property can be considered for future G+4 construction according to the approved regulations.
This provides flexibility for an investor who does not necessarily need to develop immediately.

IDEAL FOR