Bayut - 106317-MsYLRi

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AED6,500,000

Est. Payment AED 23.4K/mo

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Al Nuaimiya 1, Al Nuaimiya, Ajman

10+ Beds

10+ Baths

14,724 sqft

Residential and commercial building for sale in Al Nuaimiya, Ajman – corner lot on two streets, freehold for all nationalities, 15 1 BHK and 4 shops.

A strong investment opportunity is available in Al Nuaimiya, Ajman. This residential and commercial building is located on a corner plot facing two streets and offers freehold ownership for all nationalities. The property is fully rented with existing rental contracts and currently generates AED 410,000 in annual income, making it an attractive income-generating investment.
Building Details:

Location: Al Nuaimiya, Ajman
Corner plot facing two streets
Freehold ownership for all nationalities
Building age: 5 years
Plot size: 4,908 sq. ft.
Ground floor + 2 floors

Property Components:

4 Commercial Shops
11 One-Bedroom Apartments
4 Studios
Total: 19 residential and commercial units
Fully rented
Existing rental contracts

Investment Details:

Current Annual Income: AED 410,000
Asking Price: AED 6,500,000

The property offers diversified rental income from both commercial shops and residential units, combined with a strategic location and freehold ownership, making it suitable for investors seeking an established income-producing property in Ajman.
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