Gebouw in Al Nakhil, 11 slaapkamers, 6000000 AED - 16811407

Prime Investment Building for Sale in Al Nakheel, Ajman | Near Ajman Corniche | Annual Income: AED 600,000

A prime investment opportunity to own a mixed-use residential and commercial building in the Al Nakheel area of Ajman, located near the Ajman Corniche. The property features a mix of residential apartments and commercial shops, currently generating an annual income with full occupancy.

If you are seeking a real estate investment with a clear rental return and an asset that combines residential and commercial components, this building is a compelling opportunity worth considering—thanks to its unit mix, diversified income streams, and proximity to the Corniche. Building Details

Location: Al Nakheel – Ajman

Prime Location: Near Ajman Corniche

Property Type: Residential and commercial building for sale

Number of Apartments: 22 apartments

Apartment Layout: 2 bedrooms + living room (per unit)

Number of Commercial Shops: 3 shops

Land Area: 4,446 sq. ft.

Built-up Area: 22,245 sq. ft.

Building Age: 10 years

Elevator: Available

Air Conditioning: Central A/C

Lease Status: Fully leased

Annual Income and Investment Return

Current Stated Annual Income: AED 600,000

Asking Price: AED 6,000,000

The building features a stated annual rental income of AED 600,000 with all units leased, making it an attractive option for investors seeking an established property that generates income from both residential and commercial units.

Based on the annual income and the asking price, the estimated gross rental yield is 10% per annum, prior to the deduction of operating costs, maintenance, service charges, and other expenses.

Additionally, the presence of 22 residential apartments and three commercial shops offers diversified revenue streams—a key factor when evaluating real estate investment opportunities. Investment Highlights
First: Prime Location in Al Nakhil

The building is situated in the Al Nakhil area of Ajman, near the Ajman Corniche—a location that appeals to investors seeking residential and commercial properties in an urban setting.

Second: Diverse Units and Income Streams

The building comprises 22 residential apartments (2 bedrooms + living room) and three commercial shops, offering a mix of uses and rental income sources.

Third: Fully Leased

According to the details provided, the building is fully leased and generates an annual income of AED 600,000. This offers investors a clear baseline for evaluating the property's current income and assessing its sustainability.

Fourth: Essential Amenities

The building features an elevator and central air conditioning—key amenities for serving residents and tenants in multi-unit properties.

Fifth: Investment-Grade Building Size

The building has a built-up area of 22,245 sq. ft. on a 4,446 sq. ft. plot. This provides investors with the necessary data to evaluate the property's scale and compare its price against similar investment opportunities in the area.

Asking Price

AED 6,000,000

Reported Annual Income: AED 600,000

Estimated Gross Rental Yield: 10% annually (pre-expense).

Who is this opportunity for? This building is an excellent choice for real estate investors seeking an established asset comprising residential units and retail shops, and who wish to benefit from annual rental income and diversified revenue streams.

It is also ideal for investors who prefer a fully leased property over purchasing a building that requires marketing units or sourcing new tenants from scratch.

Note to investors: It is recommended to review current lease agreements, actual revenue statements, operating expenses, maintenance status, and ownership documents prior to finalizing the purchase to verify the net investment return.

Investment building for sale in Al Nakheel, Ajman—located near the Corniche. The property comprises 22 apartments (2 bedrooms + living room) and 3 retail shops. It is fully leased, with a reported annual income of AED 600,000 and an asking price of AED 6,000,000.

For further details, to schedule a viewing, or to discuss purchasing procedures, please contact the seller directly.