Bayut - 106317-A4pMjb

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AED11,600,000

Est. Payment AED 41.7K/mo

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Corniche Tower, Corniche Ajman, Ajman

10+ Beds

10+ Baths

5,900 sqft

Luxury Investment Building for Sale Near Ajman Corniche with Sea View Premium Investment Opportunity with Strong

Luxury Investment Building for Sale Near Ajman Corniche with Sea View
Premium Investment Opportunity with Strong Annual ReturnsLocation: Al Nakheel 2, Ajman
Position: Third row from the beach, just minutes from Ajman Corniche with attractive sea views.

Property Details

Ground Floor + 4 Floors + Roof
Total Residential Units: 26
16 One-Bedroom Apartments
10 Studio Apartments
13 Sea View Units (8 Apartments + 5 Studios)
Land Area: 545.6 sqm (Approx. 5,870 sq. ft. )

Features

Modern architectural façade.
Luxury interior finishes.
Smart air-conditioning system controlled via mobile application.
Elegant decorative lighting throughout the building.
Fully air-conditioned building, including apartments, corridors, and entrance.
Hotel-inspired interior corridors with premium finishes.

Expected Rental Income

16 One-Bedroom Apartments × AED 37,500 = AED 600,000 per year.
10 Studio Apartments × AED 22,500 = AED 225,000 per year.

Total Expected Annual Rental Income: AED 825,000.

Investment Summary

Asking Price: AED 11,600,000.
Estimated Annual ROI: Approximately 7.11%.

A rare investment opportunity to own a modern residential building in one of Ajman's most desirable coastal locations, offering elegant design, partial sea views, premium specifications, and an attractive rental yield