Building for Sale in Al Hamidiya 1 – Ajman | Strong Rental Income

Corner Residential & Commercial Building for Sale in Al Hamidiya 1 – Ajman | Strong Rental IncomeAn excellent investment opportunity to acquire a corner residential and commercial building in Al Hamidiya 1, Ajman. The property offers a diversified mix of residential and commercial units, with existing rental income and strong potential for increased returns after tenancy contract renewals.
Property Details:

Location: Al Hamidiya 1, Ajman
Corner Building
Plot Size: 6,727 Sq. Ft.
Built-up Area: 19,956 Sq. Ft.
Building Age: 5 Years
Total Units: 21 Units

Unit Breakdown:

8 Commercial Shops
2 Three-Bedroom Apartments
5 Two-Bedroom Apartments
1 One-Bedroom Apartment
4 Studio Apartments
1 Watchman Room

Investment Details:

Current Annual Income: AED 562,000
Expected Annual Income After Contract Renewals: AED 675,360
Asking Price: AED 7,200,000

A strong investment opportunity offering a strategic corner location, diversified residential and commercial units, established rental income, and excellent potential for future income growth.