Gebouw in Al Bustan, 3499000 AED - 16841927

Location: Liwara 2, Ajman, United Arab Emirates.
Property Type: Residential and commercial building.
Building Structure: Ground floor + 4 floors.
Total Area: 186 square metres, equivalent to approximately 2,000 square feet.
Building Composition: 14 units in total, comprising:

2 commercial shops.
4 studio apartments.
8 one-bedroom apartments with living rooms.

Current Annual Rental Income: AED 292,000.
Asking Price: AED 3,500,000.
Investment Highlights:

A combination of residential apartments and commercial shops provides multiple rental income streams.
Existing annual rental income makes this property an attractive option for income-focused investors.
Suitable for investors looking to expand their real estate portfolio in Ajman.

Approximate Gross Rental Yield: 8.34% per year, based on the current rental income and asking price, before expenses, maintenance and other costs.
An opportunity to invest in a residential and commercial building in a well-established area of Ajman.
For further information and viewing arrangements, please contact us directly.