For sale in Ajman, a residential/commercial building on a corner two street in Al Hamidiya. 6700 sq ft (G+3 income 775K, asking 8.5M

For sale in Ajman, a distinctive residential and commercial building in a strategic location at the corner of two main streets, Al Hamidiya Street and Sheikh Khalifa Bin Zayed Street. This area boasts vibrant commercial and residential activity, giving the property high investment value and ensuring consistent demand for residential and retail units.

The building sits on a 6,700 sq ft plot and comprises a ground floor plus three upper floors. Constructed 10 years ago and maintained in excellent condition, it offers investors a ready-to-move-in property that generates a stable and consistent annual income.

The building features a diverse mix of residential and commercial units. The ground floor includes eight retail shops, taking advantage of the prime location on two main streets, as well as nine two-bedroom apartments, nine one-bedroom apartments, and nine studio apartments. This variety attracts a diverse range of tenants and promotes stable occupancy and income.

The property currently generates AED 775,000 in annual income, making it an excellent investment opportunity for those seeking a property with a strong return in one of Ajman's most vibrant areas. Its prime commercial location further enhances the property's long-term market value.

Property Details:

* Location: Ajman

* Prime Location: Corner of Al Hamidiya Street and Sheikh Khalifa Bin Zayed Street

* Type: Residential/Commercial Building

* Land Area: 6,700 sq ft

* Number of Floors: Ground + 3

* Building Age: 10 years

* Number of Retail Shops: 8

* Residential Units:

* 9 Two-Bedroom Apartments

* 9 One-Bedroom Apartments

* 9 Studio Apartments

* Annual Income: AED 775,000

* Asking Price: AED 8,500,000 (Final)

This building presents a strong investment opportunity thanks to its exceptional location on two main streets, its diverse range of residential and commercial units, and its stable annual income, making it an ideal choice for investors seeking a ready-to-move-in property with a rewarding return and high investment value.

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