Residential & Commercial Building And A Plot For Sale In Al Nakhil 1 - Ajman, Ajman
Property Overview
A Block
- Total Land Area: 1,335.571 sq. meters
- Configuration:
- B Block: A Ground + 1 floor building consisting of:
- 15 Residential Flats
- 8 Commercial Shops
- This mix of residential and retail units ensures strong and diversified rental returns.
A Block
- Status: Demolished
- Previous Structure: Ground + 3 floors
- Historic Rental Income: ~AED 650,000
- Opportunity:
- This cleared land is ready for redevelopment.
- Ideal for constructing a modern multi-use complex that aligns with evolving market needs.
- Offers flexibility in design and usage (residential, commercial, or both).
- Current Status: Fully operational
- Annual Rental Income: ~AED 554,000
- Opportunity:
- A stable, income-generating asset with an established tenant base.
- Potential for future value enhancement through upgrades or repositioning.
- Asking Price: AED 15 Million
- Combined Rental Income (Last Year): ~AED 1.2 Million
- Investment Appeal:
- Prime location with strong footfall and accessibility
- Blend of immediate cash flow and long-term capital appreciation
- Clear potential for redevelopment and value addition
Property Information
- TypeCommercial Plot
- PurposeFor Sale
- Reference no.Bayut - 9800-Jqpszh
- CompletionReady
- Average Rent
- Added on28 July 2025
