Immeuble à Al Bustan, 11 chambres, 4500000 AED - 17053016

Excellent Investment Opportunity in Al Bustan, Ajman
Own a well-maintained G+4 residential and commercial building in the prime location of Al Bustan, Ajman. This income-generating property offers a combination of residential apartments and commercial shops, making it an attractive investment opportunity for buyers seeking stable rental income.
Property Details:

Location: Al Bustan, Ajman
Building Type: G+4 Residential & Commercial
Plot Size: 3,400 Sq. Ft.
Residential Units: 16 × 1-Bedroom Apartments
Commercial Units: 4 Shops
Building Age: Approximately 2 Years
Asking Price: AED 4,500,000

Rental Income & Investment Benefits:
The entire building is currently rented to a single tenant under an annual rental agreement of AED 300,000.

Annual Rental Income: AED 300,000
Gross Rental Yield: Approximately 6.67%
Single Tenant for the Entire Building
Tenant Pays All Service Charges and Maintenance Expenses
Owner Receives AED 300,000 Annual Rent Without Paying These Expenses

This arrangement offers a convenient investment opportunity for buyers looking for rental income without the responsibility of managing multiple tenants or handling routine maintenance expenses.

Why Invest in Al Bustan, Ajman?
Al Bustan is an established area in Ajman, offering convenient access to essential services, shopping facilities, and residential communities. Its combination of residential and commercial properties makes it a suitable location for investors seeking long-term rental potential.
Asking Price: AED 4,500,000
Contact us today for more information or to arrange a viewing.
Lagoon Real Estate LLC – Ajman