Boutique à Al Rumaila, 4500000 AED - 16335754

For Sale: A Prime Investment Opportunity in Ajman

A collection of prime retail shops is for sale, guaranteeing an 8% return on investment. Strategically located on the corner of two streets and two alleyways in the Al Rumaila area, these shops ensure easy access and increased commercial activity.

- Land Area: 470 sq m (equivalent to 5,000 sq ft).

- Permit: G+4, allowing for construction of up to four floors above the ground floor.

- Number of Shops: 10 retail units.

- Property Age: Only 5 years old, meaning it is newly built and adheres to the latest engineering standards.

- Annual Income: AED 288,000. Current leases are long-standing, offering the potential for increased income upon renewal.

Asking Price: AED 4,500,000, negotiable based on market conditions.

- Freehold ownership is available to all nationalities, providing an excellent investment opportunity for investors looking to enter the UAE real estate market.

This investment opportunity is ideal for investors seeking a stable and consistent return in one of Ajman's most vibrant areas. Don't miss this unique chance to own a profitable and strategically located commercial property. For more information or to arrange a site visit, please contact the authorized real estate agent.