Immeuble à Al Hamidiyah，Al Hamidiya 1, 11 chambres, 7200000 AED - 16414582

A strong investment opportunity is available in Al Hamidiyah 1, Ajman. This corner residential and commercial building offers a spacious plot, a well-diversified mix of commercial and residential units, and an established income stream. The building is 5 years old and includes 8 commercial shops along with apartments, studios and a guard room.
Property Details:

Location: Al Hamidiyah 1, Ajman
Corner Building
Plot Size: 6,727 Sq. Ft.
Built-up Area: 19,956 Sq. Ft.
Building Age: 5 Years
Total Units: 21

Unit Distribution:

8 Commercial Shops
2 Apartments with 3 Bedrooms and Living Room
5 Apartments with 2 Bedrooms and Living Room
1 Apartment with 1 Bedroom and Living Room
4 Studios
1 Guard Room

Investment Details:

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

The property offers diversified rental income through both residential and commercial units, along with a spacious plot and built-up area and a prominent corner location in Al Hamidiyah 1. An attractive option for investors seeking an established income-generating property with potential for increased returns after contract renewals.
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