Immeuble à Al Jurf，Al Jurf Industrial 3 (Al Jurf 3), 11 chambres, 7000000 AED - 16815187

For Sale: Residential and Commercial Building in Al Jurf 3, Ajman
An excellent investment opportunity to acquire a corner residential and commercial building in Al Jurf 3, Ajman, strategically located near Sheikh Mohammed Bin Rashid Street.
The property consists of a ground floor and two upper floors (G+2), occupying a plot of 6,728 sq. ft. The building offers a diverse mix of residential apartments and commercial shops, providing multiple rental income sources in an established area of Ajman.
Building Composition
13 One-Bedroom Apartments, each with a living room and two bathrooms
7 Studio Apartments
8 Commercial Shops
Total: 28 Residential and Commercial Units
Property Details
Location: Al Jurf 3, Ajman
Property Type: Residential and Commercial Building
Position: Corner Plot
Configuration: Ground Floor + 2 Floors (G+2)
Plot Area: 6,728 Sq. Ft.
Building Age: 6 Years
Current Annual Rental Income: AED 540,000
Asking Price: AED 7,000,000
Investment Highlights
The building currently generates AED 540,000 in annual rental income. The existing rents are considered old, offering potential for future income improvement, subject to tenancy agreements and applicable regulations.
Current Gross Rental Yield: Approximately 7.71% per annum, calculated against the asking price before maintenance, service costs, and other expenses.
With its corner location, mixed-use configuration, and diversified rental units, this property presents an attractive opportunity for investors seeking an income-generating asset with potential for future rental growth in Ajman.
Asking Price: AED 7,000,000
For further details or to arrange a viewing, please contact us.