Immeuble à Al Nuaimiya, 11 chambres, 11700000 AED - 16948135

Building for Sale in Al Nuaimiya 2, Ajman, with a Net Annual Return of Approximately 10.54%

A residential and commercial building is available for sale in the Al Nuaimiya 2 area of Ajman, with an asking price of AED 11,700,000 (negotiable). According to the provided data, its net annual income is AED 1,233,500, representing a net return on investment of approximately 10.54% of the asking price.

The building consists of a ground floor and six upper floors, and includes four commercial units and 43 residential units distributed as follows:

- 13 Studios
- 12 One-Bedroom Apartments
- 18 Two-Bedroom Apartments

The land area is 7,300 square feet, and the building is 12 years old. The variety of residential and commercial units allows for multiple sources of rental income.

Based on the net annual income and the asking price, the return on investment is calculated as follows:

**1,233,500 ÷ 11,700,000 × 100 = Approximately 10.54% annually. **

This return is a preliminary indicator for evaluating the investment opportunity and may change depending on the final purchase price and any fluctuations in revenue or expenses.

This building offers an option for investors seeking a mixed-use property in Al Nuaimiya 2, Ajman. Before making a purchase decision, it is advisable to review lease agreements, occupancy rates, and operating and maintenance costs, as well as verify legal documents and the building's structural condition, to confirm the declared net income and assess the investment's viability.