Gebouw in Al Nuaimiya，Al Nuaimiya 1, 11 slaapkamers, 4800000 AED - 16733118

Investment Building for Sale in Al Nuaimiya 1 – Ajman | Annual Income AED 412,000

A prime investment opportunity for sale in Al Nuaimiya 1, Ajman. This residential building consists of a ground floor plus four upper floors, with a land area of 3,600 square feet. It boasts a convenient location on a street and alley, with a well-distributed number of residential units, making it an ideal choice for investors seeking an income-generating property in a prime location in Ajman.

Property Details:

Location: Al Nuaimiya 1 – Ajman
Property Type: Investment Residential Building
Configuration: Ground + 4 Floors
Land Area: 3,600 sq ft
Location: Street and Alley
Total Number of Apartments: 25

Apartment Layout:

3 Studios
22 One-Bedroom Apartments

Total Annual Income: AED 412,000

Asking Price: AED 4,800,000

The building features a diverse range of residential units, including studios and one-bedroom apartments, providing a solid base of rental units and making the property suitable for long-term investment. The presence of 22 one-bedroom apartments alongside 3 studios offers investors a varied residential portfolio within a single property.

Located in Al Nuaimiya 1, a well-known residential area in Ajman, the building boasts a vibrant location close to numerous essential services and amenities, as well as easy access to main roads and various areas within Ajman. Its location on a street and alley adds to the property's practicality and accessibility.

The building generates a total annual income of AED 412,000, making it an attractive opportunity for investors seeking an existing, income-generating property rather than purchasing a new property and waiting for it to become operational and leased.

The asking price for the building is AED 4,800,000, with a total annual income of AED 412,000. Based on this annual income and the asking price, the approximate gross return on investment (GR) is around 8.58% per annum before accounting for operating expenses, costs, and any other property-related fees.

Investment Features:

Existing Building in Al Nuaimiya 1 – Ajman
Ground + 4 Floors
Land Area: 3,600 sq ft
Street and Alley
25 Apartments
3 Studios
22 One-Bedroom Apartments
Total Annual Income: AED 412,000
Prime Location Suitable for Rental
Variety of Residential Units
Suitable for Long-Term Investment
Asking Price: AED 4,800,000

This building is an ideal choice for investors seeking an income-generating property in Ajman, especially given the large number and variety of residential units, ranging from studios to one-bedroom apartments, in addition to its prime location in Al Nuaimiya 1.

A suitable investment opportunity for those looking for an existing residential building with a clear annual income and a convenient location in one of Ajman's well-known residential areas.

Asking Price: AED 4,800,000
Total Annual Income: AED 412,000
Number of Units: 25 Apartments
Location: Al Nuaimiya 1 – Ajman