Immeuble à Al Rumaila, 8500000 AED - 16516431

A unique investment opportunity for an existing building in a prime location in Al Rumaila 1. It stands out as a corner property on 3 streets, with a large land area and a distinct building permit, along with an existing income that can increase.

Property Details:

- Location: Al Rumaila 1 – Ajman
- Classification: Residential & Commercial
- Building Permit: Ground + 6
- Land Area: 1,057 sq. m.
- Total Area: 11,380 sq. ft.
- Corner on 3 streets
- Full maintenance has been carried out on the building

Building Components:

- 20 apartments with 3 bedrooms and a living room
- 2 studios
- 10 commercial shops

Investment Income:

- Current Income: 744,000 AED per year
- Expected Income after full contract renewals: 1,000,000 AED per year

A building with strong components, a prime land area, commercial facades, and a corner location on 3 streets, with potential to increase rental returns after renewing contracts, making it a great option for investment and growing annual income.

For those interested in serious investment, contact us directly to get full details and to arrange a viewing of the property.