Gebouw in Al Mowaihat, 33000000 AED - 16430719

Prime Main-Road Location | Near Sheikh Zayed Road | Only 2 Years Old | AED 3.14M Annual Income
A premium income-generating residential and commercial building located in Al Mowaihat, Ajman, positioned on a main road with convenient access to Sheikh Zayed Road.
With a young building age, substantial unit mix, and strong current rental income, this is an excellent opportunity for investors seeking a large-scale, income-producing asset in a prime location.

PROPERTY DETAILS

Location: Al Mowaihat, Ajman
Main Road Location
Near Sheikh Zayed road
Building Age: Only 2 Years
Total Area: 20,000 Sqft.
6 Commercial Shop
5 Large Shops with Mezzanine
21 Units: 1 Bedroom + Hall
35 Units: 2 Bedrooms + Hall
5 Units: 3 Bedrooms + Hall
Current Annual Income: AED 3,141,000
Asking Price: AED 33,000,000

WHY THIS IS A HOT DEALThis property combines prime main-road exposure, a 2-year-old building, 61 residential units, and 11 commercial spaces, creating multiple rental income streams.
With a current annual income of AED 3.141 million, the property generates an approximate 9.5% gross rental yield at the asking price.