Immeuble à Liwara 1, 11 chambres, 850000 AED - 16854362

Investment Arabic House for Sale in Liwara, Ajman
An excellent investment opportunity in Liwara, Ajman. This traditional Arabic-style property sits on a 3,200 sq. ft. plot and is divided into three separate sections, generating an existing annual rental income of AED 100,000.
The property is an attractive option for investors seeking an income-generating asset with an established rental return. The current building permission allows for a ground floor and first floor, with the possibility of applying for an increased building allowance, subject to the relevant authorities’ approvals and regulations.
Plot Area 3,200 sq. ft.
Property Type Investment Arabic-Style House
Current Layout 3 Sections
Building Permission Ground Floor + First Floor
Potential for Additional Building Permission Subject to Official Approval
Annual Rental Income AED 100,000
Final Asking Price AED 850,000
Approximate Gross Annual Rental Yield 11.76%, before maintenance, operating expenses, and other applicable costs.
This is a great opportunity for investors looking for a property with existing rental income and attractive gross rental returns in Ajman.
For further details and to arrange a viewing, please contact me directly.