WhatsApp Image 2026-09-11 at 10.21. 53 PM. jpeg
See video
Map
13
AED3,600,000
Est. Payment AED 14.8K/mo
Get Pre-Approved
Al Bustan, Ajman
10+ Beds
10+ Baths
2,400 sqft

Building for sale in the Al-Bustan area; 6 years old, with an 8.5% yield that is subject to increase.

This advertisement announces the sale of a mixed-use building—combining residential and commercial units—located in the Al Bustan area of Ajman. Such a property is ideal for investors seeking rental income from multiple sources within a single building.

The building sits on a 2,400-square-foot plot and comprises a ground floor, two additional floors, and a rooftop level. The mixed-use design places commercial shops on the ground floor and residential apartments on the upper floors, offering a diversified investment profile with revenue generated from both residential and commercial rentals.

According to the listing, the building houses ten "one-bedroom plus living room" residential units. These apartments—consisting of a bedroom and a living area—are typically in high demand among tenants, particularly in areas with active residential and commercial life. In addition to the apartments, the building features six commercial shops available for lease for various business activities, subject to local regulations and authority requirements. There is also a dedicated room for a building caretaker or watchman, in accordance with standard property management practices.

Regarding construction specifications and amenities, the advertisement notes that the building features "super deluxe" finishing; this implies high-quality interior and exterior design that surpasses standard finishes. Furthermore, the building is equipped with a central air conditioning system, which serves the units through a unified network rather than relying on individual AC units for each space. This feature is significant for both the investor and tenants, as it enhances the property's level of amenities.

The listing also notes that the building is connected to the public electricity grid—meaning power is supplied by the relevant government authority rather than an internal private system. Additionally, the building features an elevator; this is particularly important given the presence of two floors above the ground floor, as it facilitates access for residents and users to the upper-level units.

A crucial detail in the listing is that the building is only six years old. This indicates it is not an old structure and is considered relatively new in terms of construction age. However, the building's age alone does not eliminate the need for a property inspection; it remains essential to verify the condition of the structure, finishes, elevator, central air conditioning, and all utility systems. It is also important to review relevant documents, licenses, and blueprints, as well as any obligations or expenses associated with the property.

Perhaps the most significant investment highlight is the building's current annual income of AED 300,000, coupled with the potential to increase this figure. In other words, the property is currently tenanted and generating approximately AED 300,000 per year. The owner believes there is an opportunity to boost future revenue—whether by re-leasing units and commercial spaces at higher rates upon lease expiration, improving occupancy levels, or adjusting current rents to align with market rates—all subject, of course, to existing contracts, regulations, and prevailing local market prices.

The asking price for the property is AED 3,600,000. Comparing the asking price to the currently declared income, the annual gross income of AED 300,000 represents approximately 8.33% of the purchase price (before expenses). In simple terms, the calculation is: AED 300,000 annual income ÷ AED 3.6 million property price = ~8.33%. However, this figure represents a gross yield rather than a net yield; the investor must deduct expenses—such as operations, maintenance, management, service charges, elevator and A/C upkeep, and costs associated with any periods of vacancy—from the total income.

To put it simply, the listing offers a mixed-use (residential and commercial) investment building in Al Bustan, Ajman. Situated on a 2,400-square-foot plot, the building comprises a ground floor, two upper floors, and a rooftop level. It features 10 one-bedroom apartments, 6 retail shops, and a caretaker’s room. The property boasts "super-deluxe" finishes, central air conditioning, a government electricity connection, and an elevator. Built six years ago, it currently generates a declared annual income of AED 300,000—with potential for future income growth—and the asking price for the entire property is AED 3.6 million.

From an investment perspective, the most attractive aspect of the offer is that the buyer is not reliant on a single income source; with 10 residential units and 6 commercial shops, there is a diversified stream of rental income. At the same time, anyone considering purchasing the building should not rely solely on the income figure stated in the advertisement. Instead, they should request a detailed breakdown from the owner or broker—including current rents for each apartment and commercial unit, copies of lease agreements, lease expiry dates, security deposit amounts, occupancy rates, and any outstanding tenant arrears. It is also crucial to verify that the AED 300,000 figure represents actual income derived from existing contracts rather than merely projected revenue.

Furthermore, before finalizing the deal, it is advisable to review the land and building ownership documents, building permits, architectural plans, and the status of the elevator and central air-conditioning systems. One should also check for any violations or outstanding dues and confirm the feasibility of transferring ownership and registration in accordance with the procedures established in the Emirate of Ajman. If the purchase is strictly for investment purposes, it is also useful to compare current rents with those of similar properties in Al Bustan; this helps determine whether the claim that rents are "subject to increase" is realistic or if current rates are already close to market value.

In summary, the advertisement describes not just a residential building, but a mixed-use investment property—comprising both apartments and commercial units—that is relatively new and well-equipped. Most importantly, it is currently tenanted and generates a reported annual income of AED 300,000, with an asking price of AED 3.6 million. Therefore, the key factor for an investor to consider before making a decision is verifying that the AED 300,000 income is substantiated by actual, verifiable lease agreements.

Property Information

  • TypeResidential Building
  • PurposeFor Sale
  • Reference no.Bayut - buildingikbal
  • CompletionReady
  • Average Rent
  • Added on12 September 2026

Validated Information

Validated Check Mark Icon

Mortgage

Calculate and view the monthly mortgage on this residential building

Building Information

Validated Check Mark Icon

Features / Amenities

Balcony or Terrace
Parking Spaces: 10
Flooring
Centrally Air-Conditioned
+ 22 more amenities

Trends & Indices

Regulatory Information

Recommended for you