Gebouw in Al Hamidiyah, 11 slaapkamers, 9500000 AED - 16414427

A strong investment opportunity is available in Al Hamidiyah, Ajman. This residential and commercial building enjoys a strategic corner location facing two streets and is situated directly opposite a mosque. The property offers freehold ownership for all nationalities and is largely rented, currently generating AED 708,000 annually from the occupied units, with potential income of AED 800,000 after leasing the vacant units.
Building Details:

Location: Al Hamidiyah, Ajman
Freehold ownership for all nationalities
Corner building facing two streets
Opposite a mosque
Building age: 8 years
Ground Floor + Mezzanine + 2 Floors

Property Components:

9 Commercial Shops
Mezzanine
14 One-Bedroom Apartments
4 Studios
Mostly fully rented
Current vacancies: 1 apartment + 2 shops

Income Details:

Current Annual Income from Rented Units: AED 708,000
Expected Annual Income After Leasing Vacant Units: AED 800,000
Asking Price: AED 9,500,000

The property is well suited for investors looking for an established income-generating building with diversified rental sources across commercial shops, apartments and studios, combined with a strategic location and freehold ownership.
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