For Sale: Residential/Commercial Building in Maamoura, Ras Al Khaimah

For Sale: Residential/Commercial Building in Maamoura, Ras Al Khaimah
Building: G+1 (Ground + 1)
Age: 11 years
Land Area: 4000 sq ft
Building Consists of
4 Shops
4 Apartments
Annual Income: AED 180,000
Price: AED 2 million
Asking Price: AED 2 million
Ownership Available to GCC Nationals or UAE Nationals
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The building is located in the Maamoura, area, in the heart of Ras Al Khaimah high-density center. All buildings there are fully rented, and the high demand for rentals makes it a prime investment opportunity. These buildings are also highly sought after for resale due to their reasonable capital requirements and the significant interest from Gulf and local investors, especially given the limited supply in the market. The high rental yield and the absence of annual fees make it a safe haven for investment. Furthermore, the area offers all essential services, including shops, health centers, mosques, and schools