Gebouw in Al Mowaihat，Al Mowaihat 2, 5500000 AED - 17004029

An excellent investment opportunity for those seeking real estate in a prime location at a competitive market price.
For sale: A building in Ajman, Al Muwaihat 2—situated just one plot away from Al Salam Street, in close proximity to schools and all public amenities.
Freehold ownership available to all nationalities; 24/7 security provided.
The building consists of a ground floor plus one upper floor.
Land area: 9,687 sq. ft.
Built-up area: 16,000 sq. ft.
Unit composition:
13 spacious one-bedroom apartments (with living rooms)
2 studios
6 commercial shops
Current annual income: AED 406,000
Projected income (after rent increases): AED 500,000
Building age: 5 years
Asking price: AED 5,500,000 (negotiable)
Bank financing available (up to 80%)
Located in an excellent, vibrant area.