Gebouw in Al Mowaihat，Al Mowaihat 1, 11 slaapkamers, 10000000 AED - 16964613

Residential & Commercial Building for Sale in Al Mowaihat 1, Ajman | 29 Units | AED 805K Annual Income

An excellent opportunity to acquire a residential and commercial investment building in Al Mowaihat 1, Ajman, strategically positioned on a prime corner plot with dual-street frontage. This income-generating property offers an attractive combination of commercial shops and residential units, making it ideal for investors seeking recurring rental income and long-term capital appreciation potential.

The building is situated on a generous 10,000 sq. ft. plot in an established area of Ajman and comprises a diverse mix of residential and commercial units, providing multiple rental income streams.

Property Details

Location: Al Mowaihat 1, Ajman
Property Type: Residential & Commercial Building
Building Age: Approximately 5 years
Plot Area: 10,000 sq. ft.
Total Units: 29
Annual Rental Income: AED 804,800
Asking Price: AED 10,000,000
Gross Rental Yield: Approximately 8.05%

Unit Composition

8 Commercial Shops
6 Studio Units
6 One-Bedroom Units with Living Room
7 Two-Bedroom Units
2 Three-Bedroom Units

Key Investment Highlights

Prime corner location with frontage on two streets
Established residential and commercial rental income
Diversified income streams from shops and residential units
Large 10,000 sq. ft. plot
Potential for rental income growth, subject to market conditions
Attractive opportunity for long-term real estate investment in Ajman

An Excellent Investment OpportunityWith an annual rental income of AED 804,800 and an asking price of AED 10,000,000, this property offers an approximate 8.05% gross rental yield before expenses. Its strategic location, corner positioning, and mixed-use composition make it an attractive choice for investors looking to expand their real estate portfolio in Al Mowaihat 1, Ajman.

Asking Price: AED 10,000,000
For further details, rental income information, or to arrange a viewing, contact us today.

Serious buyers and direct investors are welcome.