Corner Residential & Commercial Building in Al Muwaihat, Ajman
FOR SALE – Corner Residential & Commercial Building in Al Muwaihat, Ajman
Prime Location | Dual Street Access | Strong Rental Yield
Property Type: Residential + Commercial Building
Location: Al Muwaihat, Ajman (Al-Arid Street, near Sheikh Ammar Street)
Asking Price: AED 7,200,000
Plot Area: 7,000 sqft
Annual Rental Income: AED 500,000
Property Overview:
A rare corner property with wide exposure, situated on two streets including Al-Arid Street and near Sheikh Ammar Street. This well-maintained building offers an excellent mix of residential apartments and commercial shops, ensuring diversified and consistent rental income.
Building Specifications:
Contact Name: Noufal
Phone:
Email:
SEAGATE PROPERTIES – Your Trusted Partner in Real Estate Investment
Prime Location | Dual Street Access | Strong Rental Yield
Property Type: Residential + Commercial Building
Location: Al Muwaihat, Ajman (Al-Arid Street, near Sheikh Ammar Street)
Asking Price: AED 7,200,000
Plot Area: 7,000 sqft
Annual Rental Income: AED 500,000
Property Overview:
A rare corner property with wide exposure, situated on two streets including Al-Arid Street and near Sheikh Ammar Street. This well-maintained building offers an excellent mix of residential apartments and commercial shops, ensuring diversified and consistent rental income.
Building Specifications:
- Configuration: Ground Floor + 2 Floors
- Total Units:
- 18 Residential Apartments (1 Bedroom + Living Room)
- 6 Commercial Shops
- Land Area: 7,000 sqft
- Apartment Rent: AED 18,000 per unit annually
- Shop Rent: AED 20,000 per unit annually
- Total Income: AED 500,000 annually
- Corner plot with excellent visibility and access
- Strategic location near Sheikh Ammar Street
- Fully rented with stable tenants
- Strong rental return and low vacancy
- Suitable for investors seeking income-generating assets in a growing area
- Immediate income from 24 fully leased units
- Corner building with potential for rental increases
- Located in one of Ajman's most active residential and commercial zones
Contact Name: Noufal
Phone:
Email:
SEAGATE PROPERTIES – Your Trusted Partner in Real Estate Investment
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 106817-Dtzoj4
- CompletionReady
- Average Rent
- Added on23 May 2025
Features / Amenities
Freehold
