Immeuble à Al Rumaila, 11 chambres, 8500000 AED - 16892596

Residential & Commercial Building for Sale in Al Rumailah 1, Ajman | 3-Street Corner Plot | Excellent Investment Opportunity
A great investment opportunity to own a residential and commercial building in Al Rumailah 1, Ajman. The property occupies a prime corner location on three streets and has undergone complete maintenance, making it an attractive option for investors seeking rental income and long-term investment potential.
Property Details:

Location: Al Rumailah 1, Ajman
Property Type: Residential & Commercial Building
Current Approved Structure: Ground Floor + 3 Floors
Also Mentioned: Ground Floor + 6 Floors Approval
Plot Area: 11,380 sq. ft. (1,057 sq. m. )
Location Advantage: Corner plot facing three streets
Building Condition: Fully maintained

Building Composition:

20 apartments, each consisting of 3 bedrooms and a living room
2 studio apartments
10 commercial shops

Investment Details:

Current Annual Rental Income: AED 744,000
Expected Annual Rental Income After Renewing All Contracts: AED 1,000,000
Asking Price: AED 8,500,000

Key Investment Highlights:

Prime location in Al Rumailah 1, Ajman
Corner plot facing three streets, offering excellent accessibility and commercial visibility
Multiple income streams from residential apartments and commercial shops
Complete building maintenance carried out
Potential to increase rental income after renewing tenancy contracts

This property offers an attractive opportunity for investors looking for a well-maintained residential and commercial building in a sought-after area of Ajman, with diversified rental income and future growth potential.
For further details or to arrange a viewing, please get in touch.