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Invest in an income-generating property with a 10% return – a commercial mall in Ajman
Commercial Mall for Sale, Ajman
Land Area: 39,116 square feet
Built-Up Area:
Property Specifications:
Land Area: 39,116 square feet
Built-Up Area:
- Ground Floor: 36,000 square feet
- First Floor: 37,000 square feet
- Roof Offices: 4,000 square feet
- Total Built-Up Area: 77,188 square feet
- Rooftop Parking: 82 parking spaces
- Current Tenants: 4
- Vacant Stores: 2
- Current Income: AED 2,380,000 per year
- Lease Contracts Value: AED 2,000,000
- Service Fees (applied only on the first floor): AED 380,000
- Expected Income After Full Leasing: AED 2,550,000
- Expected Rent for Vacant Stores: AED 170,000
Property Specifications:
- Ownership Type: Freehold
- Asking Price: AED 24,000,000
- Current Yield (based on AED 2.38 million): Approximately 9.92%
- Expected Yield (after full leasing): Approximately 10.63%
- Price per Square Foot (Built): Approximately AED 311
- Parking Ratio: One parking space for every 940 square feet
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - 106285-9EtXcV
- CompletionReady
- Average Rent
- Added on15 May 2025