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Est. Payment AED 16.5K/mo
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Al Nuaimiya 2, Al Nuaimiya, Ajman
10+ Beds
10+ Baths
3,600 sqft
For sale in Ajman: Investment building, 3600 sq ft, corner lot on street and alley in Al Nuaimiya 2. Income 374,500 AED. Asking price 4,000,000 AED.
For sale in Ajman, a distinctive investment building in Al Nuaimiya, one of the most vibrant and desirable areas for both residential and investment purposes. Its strategic location, proximity to all essential services and amenities, and easy access to main roads make it an ideal choice for investors seeking a stable income and a rewarding return on investment.
The building is situated on a corner lot, a location that enhances the property's value and appeal to tenants, while also contributing to the long-term preservation of its market value. The land area is 3,600 square feet (334 square meters), and the building is 12 years old, in good condition, and fully operational. All units are equipped with split air conditioning.
The building comprises 20 units distributed as follows:
18 one-bedroom apartments.
One storage room.
A guard's room.
These residential units are among the most sought-after apartment types in the rental market, ensuring stable occupancy rates and continued investment returns. The building currently generates an annual income of AED 374,500, with the potential for future growth upon contract renewal at market rates. This presents investors with a genuine opportunity to increase their annual return and realize added value for their investment.
Al Nuaimiya is a consistently high-demand area for rentals, thanks to its abundance of schools, shopping centers, markets, restaurants, hospitals, mosques, and government services. Furthermore, its convenient access to and from various parts of Ajman and neighboring emirates makes investing in this location a secure and stable option.
This building represents an ideal opportunity for investors seeking a ready-to-move-in property that generates a steady annual income without the need for renovations or upgrades, while also offering the potential for future investment growth. It is also suitable for those looking to diversify their real estate portfolio by owning a property in a prime location with high rental demand.
Asking Price: AED 4,000,000
For more information or to schedule a viewing, please contact us directly.
The building is situated on a corner lot, a location that enhances the property's value and appeal to tenants, while also contributing to the long-term preservation of its market value. The land area is 3,600 square feet (334 square meters), and the building is 12 years old, in good condition, and fully operational. All units are equipped with split air conditioning.
The building comprises 20 units distributed as follows:
18 one-bedroom apartments.
One storage room.
A guard's room.
These residential units are among the most sought-after apartment types in the rental market, ensuring stable occupancy rates and continued investment returns. The building currently generates an annual income of AED 374,500, with the potential for future growth upon contract renewal at market rates. This presents investors with a genuine opportunity to increase their annual return and realize added value for their investment.
Al Nuaimiya is a consistently high-demand area for rentals, thanks to its abundance of schools, shopping centers, markets, restaurants, hospitals, mosques, and government services. Furthermore, its convenient access to and from various parts of Ajman and neighboring emirates makes investing in this location a secure and stable option.
This building represents an ideal opportunity for investors seeking a ready-to-move-in property that generates a steady annual income without the need for renovations or upgrades, while also offering the potential for future investment growth. It is also suitable for those looking to diversify their real estate portfolio by owning a property in a prime location with high rental demand.
Asking Price: AED 4,000,000
For more information or to schedule a viewing, please contact us directly.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 9123-cTTGo6
- CompletionReady
- Average Rent
- Added on18 July 2026
Mortgage
Features / Amenities
Balcony or Terrace
Lobby in Building
Service Elevators
Reception/Waiting Room
+ 11 more amenities
