For sale in Ajman, a residential/commercial building in Al Jurf 2, ground floor + 4 floors, area 8000 sq ft, asking price 8,500,000

For sale: A residential and commercial building in Ajman – Al Jurf 2, in a prime and vibrant location. Ideal for investment and generating strong annual income, with the potential to increase returns through rent adjustments.

The building is a mixed-use residential and commercial property, comprising a ground floor plus four upper floors, situated on a plot of approximately 8,000 square feet (740 square meters).

The building features a variety of units, including:
22 rooms and living rooms
17 studios
4 retail shops

The building has been standing for 18 years and boasts an excellent investment location in Al Jurf 2, a vibrant area in Ajman. It is surrounded by essential services and amenities, making it suitable for both residential, investment, and rental purposes.

The projected annual income, after rent adjustments, is approximately AED 1,100,000, offering investors a good return on investment with the potential for future growth based on market conditions and rental rates.

This property is ideal for investors seeking an existing building with multiple units and diverse income streams, whether from residential or commercial units, while also benefiting from a prime location and a large number of units.

Asking Price: AED 8,500,000

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A unique investment opportunity in Ajman – Al Jurf 2, featuring a mixed-use residential and commercial building in an excellent location with a large number of units and strong projected income.