For sale in Ajman, a residential/commercial building in Al Muwaihat 3, corner plot on two streets (G+4), area 8970 sq ft, income 1,435,000. AsK 18M

For sale: A residential and commercial building in Ajman – Al Muwaihat 3, boasting a prime investment location directly on the main road and at the corner of two streets. This prime location offers excellent visibility, high visibility, and easy access, making it an ideal real estate opportunity for those seeking to invest and generate a stable annual income.

The building enjoys a strategic location in Al Muwaihat 3, a vibrant area in Ajman, and is distinguished by its proximity to essential services and amenities, residential and commercial areas, and easy access to and from the property.

Property Details:

Commercial Residential Building
Location: Ajman – Al Muwaihat 3
Placement: Directly on the main street
Corner location
Layout: Ground + 4 floors
Land Area: 8,970 sq ft
Total Units: 43 units
Number of 2-bedroom apartments: 20
Number of 1-bedroom apartments: 8
Number of studios: 5
Number of retail shops: 10

The current annual income of the property is approximately AED 1,435,000, providing the investor with a strong and attractive return on investment (ROI) of approximately 8% based on current income.

Asking Price: AED 18,000,000

This building presents an excellent investment opportunity for those seeking an established, income-generating residential and commercial property. Its prime location on a main street and corner location, combined with the variety of residential and retail units, ensures diversified income streams and stable occupancy.

This property is ideal for investors seeking long-term returns in Ajman's real estate market, offering a steady income stream, a prime location, and a diverse mix of residential and commercial units.

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