Immeuble à Al Rumaila, 11 chambres, 8500000 AED - 16814714

For Sale: Distinctive Residential-Commercial Building in Al Rumaila 1 – Ajman

An excellent investment opportunity to own a residential-commercial building in a prime location in the Al Rumaila 1 area of Ajman. The property enjoys a strategic corner location facing three streets, providing multiple frontages and high visibility that benefits both commercial and residential activities.

This building is an ideal choice for investors seeking an established property that generates annual rental income, with the potential to increase future returns by reviewing current rents in accordance with applicable contracts and regulations.

Property Details
Location: Al Rumaila 1 – Ajman.
Property Type: Residential-Commercial Building.
Land Area: 11,377 sq. ft.
Configuration: Ground Floor + 3 Floors.
Location: Corner plot facing 3 busy streets.
Building Age: Over 18 years.
Building Components
7 Commercial shops.
2 Studios.
20 Residential apartments (each comprising 3 rooms and a living hall).
Investment Details
Total Current Annual Income: AED 744,000.
Current Rents: Existing rental rates with the potential for increases subject to contracts and regulations.
Asking Price: AED 8,500,000. Investment Highlights

The building features a mix of commercial and residential units, offering diversified income streams from both shops and apartments. Its prime location on a bustling street—situated at the corner of three roads—gives it a distinctive presence and makes it a compelling opportunity for real estate investors.

With 20 residential apartments and 7 commercial shops, the property offers varied revenue sources, alongside the potential to enhance rental yields in the future based on current lease terms and the property's condition.

Asking price: AED 8.5 million.

For further details, inquiries, or to schedule a viewing, please contact us directly.

A mixed-use residential and commercial investment property in a prime Ajman location, ideal for long-term real estate investment.