Building for sale / 20 2bhk / 8 1bhk / 5 studios / 8.5% return / on two streets / corner / rented

For Sale: Prime Residential and Commercial Building in Al Muwaihat 3, Ajman

A prime residential and commercial building is for sale, situated on the corner of two main streets in Al Muwaihat 3, Ajman. It boasts a strategic location opposite Sheikh Mohammed Bin Zayed Road. This building offers an ideal investment opportunity thanks to its current yield of 8.5%.

- Total land area: 8,965 sq ft

- Additional land area: 25,000 sq ft

- Building permit: G+4
- Number of apartments: 33
- Number of retail shops: 10
- One elevator available for residents

- 20 two-bedroom apartments

- 8 one-bedroom apartments

- 5 studios

- Building constructed 9 years ago

- Current annual income: AED 1,440,000 The asking price for the building is AED 17,500,000, negotiable.

Freehold ownership is available to all nationalities.

This building presents an excellent investment opportunity for investors seeking attractive financial returns and a prime location in one of Ajman's most vibrant and developed areas. For more information or further details, please contact the authorized agent.