Immeuble à Liwara 2, 10 chambres, 3200000 AED - 16202298

An excellent residential investment opportunity for sale in Liwara, Ajman, offering a strong unit mix, existing rental income and significant potential to increase the return through updated rental contracts.
Property Details:

Building Permit: Ground Floor + 4 Floors
Total Units: 20
8 One-Bedroom Apartments
12 Studios
Plot Size: Approximately 2,000 sq. ft.
Building Age: 11 years
Current Annual Rental Income: AED 277,000
Existing rents are old and have strong potential for increase upon renewal
Potential investment return of up to approximately 11%, depending on updated rental values

Investment Highlights:

Prime location in Liwara, Ajman
Excellent number of units for the plot size
Diversified residential unit mix
Existing rental income with strong upside potential
Attractive opportunity for investors seeking high returns and future income growth

Asking Price: AED 3,200,000 — Slightly Negotiable