Immeuble à Al Nuaimiya，Al Nuaimiya 2, 11 chambres, 3200000 AED - 17015019

Residential Building for Sale in Al Nuaimiya 2, Ajman

Located Behind Kuwait Street

An excellent investment opportunity to own a residential building in Al Nuaimiya 2, Ajman, located behind Kuwait Street. The property offers an existing annual rental income with potential for future income growth, as the current rental rates are outdated.

The building has recently undergone maintenance and renovations both internally and externally, including air-conditioning upgrades, corridor decorations, exterior granite installation, and improvements to the front parking area.

Property Details

Location: Al Nuaimiya 2, Ajman, Behind Kuwait Street

Property Type: Residential Building

Building Configuration: Ground Floor + 2 Floors

Plot Area: 390 sq. m. / 4,200 sq. ft.

Building Age: 20 Years

Total Number of Apartments: 12

Building Composition

5 Two-Bedroom Apartments with Living Rooms

7 One-Bedroom Apartments with Living Rooms

Recent Maintenance and Improvements

The building has undergone recent maintenance and renovation work, improving its overall appearance and condition.

Recent interior and exterior maintenance

Super General split air-conditioning units installed in all apartments

Decorative finishing in the internal corridors

Exterior granite installation to help protect the façade from rainwater

Interlock paving installed in front of the building

Front area arranged to provide parking spaces

Rental Income and Investment Details

Current Annual Rental Income: AED 240,000

The rental income has potential for improvement based on prevailing market rents and upon tenancy contract renewals, subject to applicable laws and regulations.

Asking Price: AED 3,200,000 (Negotiable)

Key Investment Highlights

Prime location in Al Nuaimiya 2, behind Kuwait Street

Residential building consisting of 12 apartments

A mix of one-bedroom and two-bedroom apartments

Recent interior and exterior maintenance

Improvements to air-conditioning, corridors, and exterior façade

Front area with parking facilities

Existing annual rental income of AED 240,000

Potential to improve rental returns in the future

Negotiable asking price

If you are looking for a residential building for sale in Ajman that combines a convenient location, existing rental income, and recent maintenance improvements, this property in Al Nuaimiya 2 is worth considering.

Asking Price: AED 3,200,000 (Negotiable)

For further details or to arrange a viewing, please get in touch directly. ترجمترجم