Immeuble à Al Rawda, 11 chambres, 4500000 AED - 16185455

**Investment Building for Sale in Ajman - Al Rawda 3 | Annual Income of AED 400,000**

A prime investment opportunity for those seeking to own an existing, income-generating investment property in Ajman, specifically in the Al Rawda 3 area. The building sits on a 900 sq m plot (approximately 9,687 sq ft) and is designed for residential investment use, making it an ideal choice for investors looking for a current rental income with the potential to appreciate in the property's value in the future.

**Property Details:**

* **Location:** Ajman - Al Rawda 3
* **Land Area:** 900 sq m
* **Building Area:** Approximately 9,687 sq ft
* **Building Type:** Residential Investment - Ground & First Floor
* **Total Residential Units:** 20 units
* **Layout:** 16 one-bedroom apartments + 4 studios
* **Total Annual Income:** AED 400,000

* **Asking Price:** AED 4,500,000

The significance of this opportunity lies in the fact that the investor is not only purchasing land, but also acquiring an existing building with 20 residential units and a source of annual rental income. This provides an opportunity to benefit from cash flow instead of starting from scratch with a new project. Furthermore, the variety of units, including one-bedroom apartments, living rooms, and studios, gives the property a diverse tenant base and makes it an ideal investment for those seeking an income-generating residential property.

With a gross annual income of AED 400,000 and an asking price of AED 4,500,000, the simple gross return on investment (SGR) is approximately 8.9% per annum before accounting for expenses, maintenance, and other costs. These figures are therefore a valuable indicator for investors to assess the property's viability and compare returns with other real estate investment opportunities in the market.

A suitable opportunity for serious investors seeking an existing building with a good number of units and consistent rental income in Al Rawda 3, Ajman.

For inquiries, please contact us for property details, income information, unit availability, and to schedule a viewing.