Gebouw in Al Nuaimiya，Al Nuaimiya 3, 11 slaapkamers, 21000001 AED - 16896647

An investment opportunity to acquire a commercial building located on a main road in Al Nuaimiya 3, Ajman. The property occupies a plot area of 6,400 square feet and consists of a ground floor plus 10 upper floors. It features a combination of residential and commercial units, offering diversified rental-income sources within an established urban location. The building comprises 41 one-bedroom apartments with living rooms, 61 studio apartments, and 7 commercial shops. This mix of unit types allows the property to serve different tenant requirements, including individuals and households seeking residential accommodation as well as businesses looking for retail space. The building is 21 years old and currently generates an annual income of AED 1,865,000. Its position on a main road in Al Nuaimiya 3 provides a prominent location for a property with both residential and commercial components. The property may appeal to investors seeking an established income-generating asset in Ajman. Before purchase, interested buyers are advised to review the current tenancy schedule, occupancy levels, operating expenses, maintenance condition, and supporting income records to assess the net investment return. The asking price for the building is AED 21,000,000.
Property Details:

Location: Al Nuaimiya 3, Ajman
Main Road Location
Plot Area: 6,400 Sq. Ft.
Building Configuration: Ground Floor + 10 Floors
41 One-Bedroom Apartments with Living Rooms
61 Studio Apartments
7 Commercial Shops
Building Age: 21 Years

Current Annual Income: AED 1,865,000
Asking Price: AED 21,000,000
Audaz Real Estate