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Building for Sale in Al Rumailah 1, Ajman | Residential & Commercial | Current Income AED 800,000 | Potential Income AED 900,000 | Asking AED 8,500,00
Building for Sale in Al Rumailah 1, Ajman | Residential & Commercial | Current Income AED 800,000 | Potential Income AED 900,000 | Asking AED 8,500,000
A prime investment opportunity to own a residential and commercial building in Al Rumailah 1, Ajman, one of the city's established and highly active areas.
The building is located on a corner plot with frontage on two streets, directly on Sheikh Rashid Bin Hameed Street, one of the main roads in Ajman. The excellent location provides strong visibility, easy accessibility, and excellent potential for both residential and commercial investment.
Property Details
Location: Al Rumailah 1, Ajman
Property Type: Residential and Commercial Building
Current Permit: Ground Floor + 4 Floors
Permitted Height: Ground Floor + 6 Floors
Plot Area: 611 Sq. M
Plot Area: 6,580 Sq. Ft
Location: Corner, Two Streets
Main Road: Sheikh Rashid Bin Hameed Street
Residential Units: 16 Two-Bedroom Apartments
Commercial Units: 13 Shops
Current Annual Income: AED 800,000
Expected Annual Income After Full Contract Renewals: AED 900,000
Asking Price: AED 8,500,000
The building has undergone complete maintenance, making it an attractive option for investors looking for an established income-generating property that is ready for investment.
The property consists of 16 two-bedroom apartments and 13 commercial shops, providing diversified income sources from both residential and commercial units.
One of the strongest advantages of this property is its strategic location directly on Sheikh Rashid Bin Hameed Street. Being situated on a corner plot with two street frontages provides excellent visibility and strong commercial exposure, making the shops particularly attractive for businesses and tenants.
The building currently has a Ground Floor + 4 Floors permit, with the possibility of building up to Ground Floor + 6 Floors, subject to the applicable regulations, approvals, and building requirements. This provides additional future investment potential for the owner.
The current annual income is AED 800,000, with the potential to reach AED 900,000 annually after renewing all building contracts, offering investors an excellent opportunity to increase their annual return.
Investment Highlights
Prime location in Al Rumailah 1
Directly on Sheikh Rashid Bin Hameed Street
Corner plot with two street frontages
Residential and commercial classification
16 two-bedroom apartments
13 commercial shops
Complete building maintenance already carried out
Current annual income of AED 800,000
Potential annual income of AED 900,000 after contract renewals
Current permit of Ground Floor + 4 Floors
Potential to build up to Ground Floor + 6 Floors
Plot area of 6,580 Sq. Ft
Strong location for long-term investment
Asking Price: AED 8,500,000
This property is an excellent choice for investors seeking a high-income-generating building in a strategic location, with diversified residential and commercial income, completed maintenance, and strong potential for future income growth.
A valuable investment opportunity in Ajman combining a prime main-road location, strong current income, diversified units, and future development potential.
Contact us for more information or to arrange a viewing.
A prime investment opportunity to own a residential and commercial building in Al Rumailah 1, Ajman, one of the city's established and highly active areas.
The building is located on a corner plot with frontage on two streets, directly on Sheikh Rashid Bin Hameed Street, one of the main roads in Ajman. The excellent location provides strong visibility, easy accessibility, and excellent potential for both residential and commercial investment.
Property Details
Location: Al Rumailah 1, Ajman
Property Type: Residential and Commercial Building
Current Permit: Ground Floor + 4 Floors
Permitted Height: Ground Floor + 6 Floors
Plot Area: 611 Sq. M
Plot Area: 6,580 Sq. Ft
Location: Corner, Two Streets
Main Road: Sheikh Rashid Bin Hameed Street
Residential Units: 16 Two-Bedroom Apartments
Commercial Units: 13 Shops
Current Annual Income: AED 800,000
Expected Annual Income After Full Contract Renewals: AED 900,000
Asking Price: AED 8,500,000
The building has undergone complete maintenance, making it an attractive option for investors looking for an established income-generating property that is ready for investment.
The property consists of 16 two-bedroom apartments and 13 commercial shops, providing diversified income sources from both residential and commercial units.
One of the strongest advantages of this property is its strategic location directly on Sheikh Rashid Bin Hameed Street. Being situated on a corner plot with two street frontages provides excellent visibility and strong commercial exposure, making the shops particularly attractive for businesses and tenants.
The building currently has a Ground Floor + 4 Floors permit, with the possibility of building up to Ground Floor + 6 Floors, subject to the applicable regulations, approvals, and building requirements. This provides additional future investment potential for the owner.
The current annual income is AED 800,000, with the potential to reach AED 900,000 annually after renewing all building contracts, offering investors an excellent opportunity to increase their annual return.
Investment Highlights
Prime location in Al Rumailah 1
Directly on Sheikh Rashid Bin Hameed Street
Corner plot with two street frontages
Residential and commercial classification
16 two-bedroom apartments
13 commercial shops
Complete building maintenance already carried out
Current annual income of AED 800,000
Potential annual income of AED 900,000 after contract renewals
Current permit of Ground Floor + 4 Floors
Potential to build up to Ground Floor + 6 Floors
Plot area of 6,580 Sq. Ft
Strong location for long-term investment
Asking Price: AED 8,500,000
This property is an excellent choice for investors seeking a high-income-generating building in a strategic location, with diversified residential and commercial income, completed maintenance, and strong potential for future income growth.
A valuable investment opportunity in Ajman combining a prime main-road location, strong current income, diversified units, and future development potential.
Contact us for more information or to arrange a viewing.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - الرميلى/ن
- CompletionReady
- Average Rent
- Added on14 September 2026
Validated Information
Mortgage
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