Immeuble à Al Hamidiyah，Al Hamidiya 1, 11 chambres, 7200000 AED - 16293803

A corner residential and commercial building is available for sale in Al Hamidiyah 1 Ajman offering a distinctive investment opportunity for investors looking for a property that combines residential and commercial units with existing rental income and the potential to increase returns after contract renewals
The building benefits from its corner location which provides an additional advantage The land area is 6727 square feet while the total built up area is 19956 square feet The building is 5 years old making it a relatively modern property suitable for long term real estate investment
The building includes a total of 21 units with a diverse mix designed to meet different market needs It consists of 8 commercial shops 2 apartments with 3 bedrooms and a living room 5 apartments with 2 bedrooms and a living room 1 apartment with 1 bedroom and a living room 4 studios and a security guard room
This combination of residential units and commercial shops helps diversify income sources and strengthens the investment potential It also gives the investor the opportunity to benefit from the current rental income and review rental contracts upon renewal according to market conditions
The current annual income of the building is AED 562000 and the expected annual income after contract renewals is AED 675360 providing a clear opportunity to increase annual revenue and improve the investment return
The asking price is AED 7200000 making this building a suitable option for investors interested in owning a multi unit property in Ajman with strong existing income and potential for higher future returns
The location in Al Hamidiyah 1 provides convenient access to services and different areas adding investment value to the property especially with both residential and commercial units within the same building
A distinctive investment opportunity to own a corner building with 21 diverse units a large built up area existing rental income and the potential for increased returns after contract renewals
For more information about the property current income rental contracts or to schedule a viewing please contact us