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Here’s the information translated and summarized in English: --- ### **Commercial Building for Sale – Near Ajman Corniche** - **Configuration:** Gr
Here’s the information translated and summarized in English:
Commercial Building for Sale – Near Ajman Corniche
Initial Investment Analysis:
Key Points:
Commercial Building for Sale – Near Ajman Corniche
- Configuration: Ground + 6 floors
- Total Apartments: 54 (rented to a single investor)
- Annual Apartment Rental Income: AED 1,500,000
- Ground Floor Shop (Café): Rented for AED 40,000 annually
- Total Annual Income: AED 1,540,000
- Plot Size: 6,000 sq. ft
- Location: Close to Ajman Corniche
- Asking Price: AED 25,000,000 (negotiable)
Initial Investment Analysis:
- Return on Investment (ROI):
- ROI=1,540,00025,000,000≈6.16%\text{ROI} = \frac{1,540,000}{25,000,000} \approx 6.16\%
Key Points:
- Stable Income: All apartments rented to one investor ensures fixed income but could pose risk if that tenant leaves.
- Negotiable Price: Negotiating the price (e. g. , down to AED 22M) could raise ROI closer to 7%.
- Location Advantage: Proximity to Ajman Corniche enhances appeal for tenants and future resale.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 104917-sMucj3
- CompletionReady
- Average Rent
- Added on29 April 2025
Features / Amenities
Maids Room
Sauna
Electricity Backup
Storage Areas
+ 12 more amenities
