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Est. Payment AED 23.4K/mo
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Al Hamidiya 1, Al Hamidiyah, Ajman
10+ Beds
10+ Baths
4,300 sqft
For Sale - Building in Al Humaidiya 1 - Ajman | Behind Traffic Department
A residential building for sale in a prime location directly behind the Traffic Department in Al Humaidiya 1, one of the most in-demand and vibrant areas in the Emirate of Ajman, featuring central air conditioning and stable rental income with potential for future increase.
Building Details:
Building Details:
- Location: Al Humaidiya 1, Behind Traffic Department, Ajman
- Land Area: 4,300 square feet
- Building Permit: Ground + 6 Floors
- Air Conditioning: Central
- Building Age: 12 Years
- Total Units: 36 Units
- 24 One-Bedroom Apartments
- 12 Studios
- Current Annual Rental Income: AED 569,000
- Expected Income After Converting Parking to Shops: AED 598,000
- Investment Return: Approximately 9.2% annually
- Central air conditioning increases the appeal of units to tenants
- Ready approval to convert parking spaces into two commercial shops to increase rental income
- Immediate and stable rental income from day one of purchase
- Prime location behind the Traffic Department in Al Humaidiya 1 with high and continuous demand
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - hamidiya1buildingforsale
- CompletionReady
- Average Rent
- Added on13 July 2026
Validated Information
Mortgage
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Building Information
Features / Amenities
Balcony or Terrace
Parking Spaces: 2
Electricity Backup
Centrally Air-Conditioned
+ 16 more amenities