Corner residential and commercial building for sale in Al Jurf 3, Ajman - close to Street, land area 6,728 sqft, G+2, 20 units + 8 shops, Freehold.

A strong investment opportunity is available for sale in Al Jurf 3, Ajman. This corner residential and commercial building is strategically located near Sheikh Mohammed Bin Rashid Street and offers a diversified mix of residential and commercial units, with an established annual income and potential for higher returns.
Building Details:

Location: Al Jurf 3 – Ajman
Residential and commercial use
Corner building
Near Sheikh Mohammed Bin Rashid Street
Configuration: Ground + 2 Floors (G+2)
Plot area: 6,728 sq. ft.
Building age: 6 years
Total units: 28
13 one-bedroom apartments with 2 bathrooms
7 studio apartments
8 commercial shops
Current annual income: AED 540,000
Existing rents are old
Income has strong potential to increase after updating rental rates
Asking price: AED 7,000,000

The property offers an attractive opportunity for investors seeking an income-generating residential and commercial asset. The combination of residential apartments, seven studios and eight commercial shops provides diversified rental income, while the existing old rental rates offer potential for improving the annual return.
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