Immeuble à Al Nakhil, 11 chambres, 6000000 AED - 16854068

Investment Building for Sale in Al Nakhil, Ajman Near Ajman Corniche
An excellent investment opportunity to acquire a residential and commercial building in Al Nakhil, Ajman, conveniently located near Ajman Corniche. The property combines residential apartments with commercial retail units, offering diversified rental income and an established investment opportunity.
The building comprises 22 two-bedroom apartments with a living room, along with 3 commercial shops. With all units currently rented, the property offers an existing income stream for investors seeking an income-generating asset in a well-established area of Ajman.
Plot Area 4,446 sq. ft.
Built-Up Area 22,245 sq. ft.
Property Composition 22 Two-Bedroom Apartments and 3 Commercial Shops
Building Age 10 Years
Elevator Available
Central Air Conditioning
Occupancy Fully Rented
Annual Rental Income AED 600,000
Asking Price AED 6,000,000
Gross Annual Rental Yield Approximately 10% of the asking price, before operating expenses, maintenance, service costs, and other applicable expenses.
This property is an attractive option for investors looking for a fully rented residential and commercial building near Ajman Corniche, with established rental income and a combination of residential and commercial units.