Bayut - 9123-Vmks5D

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AED20,000,000

Est. Payment AED 72.0K/mo

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Al Hamidiyah, Ajman

10+ Beds

10+ Baths

7,555 sqft

For Sale - Building in Al Humaidiya - Ajman | Corner on Two Streets

A solid investment opportunity, a residential and commercial building in a strategic corner location on two streets in Al Humaidiya, one of Ajman's most vibrant and in-demand areas, combining impressive height, strong rental income, and a prime location.
Building Details:

Location: Al Humaidiya, Ajman, Corner on Two Streets
Land Area: 7,555 square feet
Building Permit: Ground + 1 Parking Floor + 8 Residential Floors
Total Units: 69 Units

Unit Breakdown:

48 One-Bedroom Apartments
16 Two-Bedroom Apartments
5 Commercial Shops

Investment Return:

Annual Rental Income: AED 1,732,000
Investment Return: Approximately 8.6% annually based on the asking price

Building Features:

Corner location on two streets provides double frontage and easy access from all directions
8 residential floors with 69 diverse units ensure sustainable rental income
Dedicated parking floor increases the building's appeal to tenants
Diverse mix of apartments and commercial shops ensures stable income sources
Al Humaidiya has continuous rental demand throughout the year

Asking Price: AED 20,000,000 - Non-Negotiable
For inquiries and to schedule a viewing, please contact us directly.