Immeuble à Al Nuaimiya, 2800000 AED - 16842353

Location: Al Nuaimiya 1, Ajman, in an excellent position on a corner plot facing two streets.
Property Type: Residential and commercial building.
Land Area: 3,600 sq. ft.
Building Composition:

5 commercial shops.
7 residential apartments, each comprising 2 bedrooms and a living room.

Current Annual Rental Income: AED 246,000.
Asking Price: AED 2,800,000.
Approximate Gross Rental Yield: 8.79% annually, based on the current rental income and asking price, before expenses, maintenance and other costs.
Property Highlights:

Prime corner location with access from two streets.
A mix of residential apartments and commercial shops provides multiple rental income streams.
Existing rental income makes the property attractive to income-focused investors.
Located in a well-established and active area of Ajman.

Direct from the owner, offering buyers the opportunity to enquire directly about the property.
An excellent opportunity for investors seeking a property with established rental income and a strategic location.
For further details and viewing arrangements, please contact the owner directly.