Gebouw in Al Nuaimiya，Al Nuaimiya 3, 11 slaapkamers, 18999999 AED - 16541586

AED 19,000,000 Net | Current Annual Rental Income AED 1.9 Million | Potential Rental Income AED 2.2 Million
A rare opportunity to acquire a large-scale freehold residential and commercial building in Al Nuaimiya 3, Ajman, strategically located close to the Sharjah border and major road connections.
This income-generating asset comprises a Ground + 7-floor building, with 68 residential units plus ground-floor commercial shops, offering diversified rental income and strong long-term investment potential.
With a current annual rental income of approximately AED 1.9 million, the property generates an attractive 10% gross rental yield based on the asking price of AED 19 million.
According to the current rental projection, the annual income is expected to increase to approximately AED 2.2 million after six months, which would represent a potential gross yield of approximately 11.58%, subject to the applicable rental contracts, renewals and actual achieved rents.

Property Highlights

Property Type: Full Residential & Commercial Building
Purpose: Sale
Ownership: Freehold
Location: Al Nuaimiya 3, Ajman
Location Advantage: Close to Sharjah Border
Building Configuration: Ground + 7 Floors (G+7)
Total Units: 68 Residential Units
Ground Floor: Commercial Shops
Plot Area: 13,457 Sq. Ft.
Built-Up Area: Approximately 95,000 Sq. Ft.
Current Occupancy: Income-generating / Rented
Current Annual Rental Income: AED 1,900,000
Expected Annual Rental Income: Approximately AED 2,200,000 after 6 months
Annual Service Charges: No yearly service charges
Asking Price: AED 19,000,000 Net

Investment ReturnsCurrent Annual Income: AED 1,900,000
Current Gross ROI: Approximately 10.00%
Potential Annual Income: AED 2,200,000
Potential Gross ROI: Approximately 11.58%
The combination of a substantial built-up area, diversified residential units, ground-floor commercial shops and established rental income makes this property suitable for investors seeking a large income-producing freehold asset in Ajman.

Strategic Location – Al Nuaimiya 3The property is located in Al Nuaimiya 3, one of Ajman's established residential and commercial areas, with convenient access towards Sharjah and Dubai.
Key location advantages include:

Close to the Sharjah border
Easy access to major highways and main roads
Strong connectivity between Ajman and Sharjah
Established residential community
High demand for residential accommodation
Surrounding retail and commercial facilities
Supermarkets, restaurants and daily amenities nearby
Schools, nurseries and medical facilities in the surrounding area
Convenient access to public transportation
Established commercial activity supporting ground-floor shops

Al Nuaimiya is an active mixed residential and commercial market, and current listings in the area include income-generating buildings with residential apartments and commercial shops, highlighting the established investment nature of the location.

Why This Building? Freehold ownership
G+7 full building
68 residential units
Ground-floor commercial shops
Large 13,457 Sq. Ft. plot
Approximately 95,000 Sq. Ft. built-up area
AED 1.9 Million current annual rental income
Potential rental income of approximately AED 2.2 Million
10% current gross rental yield
Potential 11.58% gross yield at AED 2.2M income
No yearly service charges
Strategic location close to Sharjah border
Established residential and commercial area
Suitable for long-term income-focused investors

Price
AED 19,000,000 NETA substantial income-producing freehold building offering immediate rental income, significant built-up area and potential rental growth in one of Ajman's established investment locations.
Serious investors are invited to enquire for the complete property details, rental information and viewing arrangements.