Immeuble à Al Hamidiyah，Al Hamidiya 1, 11 chambres, 7200000 AED - 16412733

### Corner Investment Building for Sale in Al Hamidiyah 1 – Ajman | Current Income AED 562K | Potential Income AED 675K

**A rare investment opportunity in Ajman for investors seeking an income-generating property with strong potential to increase returns. **

A **corner residential and commercial building** in a prime location in **Al Hamidiyah 1, Ajman**, featuring a large plot area and a diversified mix of **8 commercial shops and 13 residential units**, providing multiple and stable income streams.

The property currently generates **AED 562,000 annually**, with the potential to increase the annual income to **AED 675,360 after contract renewals**.

### Property Details

* **Location:** Al Hamidiyah 1 – Ajman
* **Property Type:** Residential & Commercial Building
* **Position:** Corner / Two-Side Frontage
* **Plot Area:** **6,727 sq. ft. **
* **Built-Up Area:** **19,956 sq. ft. **
* **Building Age:** **5 years**
* **Total Units:** **21 Units**

### Unit Breakdown

* **8 Commercial Shops**
* **2 Apartments – 3 Bedrooms + Living Room**
* **5 Apartments – 2 Bedrooms + Living Room**
* **1 Apartment – 1 Bedroom + Living Room**
* **4 Studios**
* **1 Caretaker Room**

### Investment Figures

* **Current Annual Income:** AED **562,000**
* **Annual Income After Contract Renewals:** AED **675,360**
* **Asking Price:** AED **7,200,000**

### Why This Property?

The **corner location** provides excellent visibility and better use of the property’s frontage, while the combination of residential and commercial units creates multiple income streams. Most importantly, the property offers **existing rental income with strong potential for an increase**, making it an attractive option for investors looking for an established income-generating asset.

**Asking Price: AED 7,200,000**