Gebouw in Al Tallah 2, 11 slaapkamers, 20000000 AED - 17010084

Direct From Owner
A remarkable investment opportunity awaits in Al Tall 2, Ajman, strategically located on Academy Street. This residential and commercial building offers an excellent combination of established rental income, diverse property units, and promising potential for future revenue growth. Its strategic location and versatile layout make it an attractive choice for investors seeking a substantial income generating property in the growing Ajman real estate market.
The building occupies a spacious plot of 9,450 square feet and features a ground floor, mezzanine level, and four additional floors. Designed to accommodate both residential and commercial activities, the property provides multiple income streams and the flexibility to serve different tenant requirements.
The building comprises 33 one bedroom apartments with living rooms distributed across two groups, along with four large commercial shops and 17 dedicated parking spaces. This combination of residential accommodation and commercial retail units creates a diversified rental portfolio, offering investors the opportunity to benefit from different sources of income within a single property.
The property currently generates an impressive annual rental income of AED 1,530,000, with further growth potential. This established income makes it an appealing opportunity for investors looking for consistent rental returns and long term capital appreciation. The asking price is AED 20,000,000.
The building benefits from its location on Academy Street in Al Tall 2, with convenient access to nearby residential communities, supermarkets, retail shops, restaurants, schools, educational institutions, healthcare facilities, pharmacies, mosques, and essential daily services in the surrounding area. Its road connectivity also provides access to major destinations throughout Ajman and neighboring emirates, enhancing convenience for residents, tenants, and commercial visitors.
This is an exceptional opportunity to acquire a substantial residential and commercial investment property directly from the owner, combining an established income stream with attractive long term potential.
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