Immeuble à Al Mowaihat, 11 chambres, 6800000 AED - 16268951

A fully leased building in the Al Muwaihat area of Ajman is for sale, boasting a strategic location on Al Salam Road and offering an investment return of up to 8%. The land area is 7,800 square feet, while the built-up area extends to 22,000 square feet. The building comprises a ground floor and two upper floors (G+2), and includes: - 16 residential units - 5 retail shops - 2 comfortable elevators. This building blends residential and commercial uses, featuring the following residential units: - 4 studios - 12 one-bedroom apartments. Constructed nine years ago, the property currently generates an annual return of approximately AED 550,000. The asking price for this attractive investment opportunity is AED 6,800,000, which is negotiable. Notably, the property is available for freehold ownership to investors of all nationalities, providing a long-term investment and a profitable return within the emirate's economic landscape. This building combines modern design with robust investment infrastructure, ensuring stable income for the owner and providing direct returns. If you're an investor seeking a sustainable property that combines residential and commercial features, this property presents an opportunity for significant returns. Take a step towards the sustainability of your investment in one of the fastest-growing cities, making this your long-term residential choice and a strategically located option within the UAE.