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Est. Payment AED 54.0K/mo
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Al Hamidiya 1, Al Hamidiyah, Ajman
10+ Beds
10+ Baths
7,000 sqft
INCOME GENERATING BUILDING FOR SALE IN ALHAMIDIYAH
INCOME-GENERATING BUILDING FOR SALE IN AL HAMIDIYAH, AJMAN
A strong investment opportunity for investors looking for an income-generating residential building in a well-established and active area of Ajman.
The property consists of Ground Floor + 6 Floors + Roof and offers a diversified income structure through residential apartments, a penthouse, retail shops, and parking spaces. This combination provides the investor with multiple income streams and makes the property suitable for long-term investment.
The building consists of 24 two-bedroom apartments, with each apartment featuring a practical layout and 3 bathrooms, providing comfortable accommodation and making the units attractive to families and long-term tenants.
The property also includes 1 penthouse, 3 commercial shops, and 11 parking spaces, adding further sources of rental income beyond the residential units.
Expected Annual Rental Income:
24 Two-Bedroom Apartments × AED 47,000 = AED 1,128,000 per year
1 Penthouse = AED 70,000 per year
3 Commercial Shops × AED 35,000 = AED 105,000 per year
11 Parking Spaces × AED 1,500 = AED 16,500 per year
TOTAL EXPECTED ANNUAL INCOME: AED 1,319,500
Property Details:
Location: Al Hamidiyah, Ajman
Land Area: 7,000 sq. ft.
Building Configuration: Ground + 6 Floors + Roof
Unit Mix: 24 Two-Bedroom Apartments + 1 Penthouse
Bathrooms: 3 Bathrooms per Two-Bedroom Apartment
Commercial Units: 3 Shops
Parking: 11 Spaces
Asking Price: AED 15,000,000
The property offers an attractive investment profile due to its diversified rental income and the large number of residential units. The combination of 24 two-bedroom apartments, a penthouse, commercial shops, and parking spaces allows the investor to benefit from several rental income sources rather than relying on a single property type.
Awtan Real Estate
Contact:
A strong investment opportunity for investors looking for an income-generating residential building in a well-established and active area of Ajman.
The property consists of Ground Floor + 6 Floors + Roof and offers a diversified income structure through residential apartments, a penthouse, retail shops, and parking spaces. This combination provides the investor with multiple income streams and makes the property suitable for long-term investment.
The building consists of 24 two-bedroom apartments, with each apartment featuring a practical layout and 3 bathrooms, providing comfortable accommodation and making the units attractive to families and long-term tenants.
The property also includes 1 penthouse, 3 commercial shops, and 11 parking spaces, adding further sources of rental income beyond the residential units.
Expected Annual Rental Income:
24 Two-Bedroom Apartments × AED 47,000 = AED 1,128,000 per year
1 Penthouse = AED 70,000 per year
3 Commercial Shops × AED 35,000 = AED 105,000 per year
11 Parking Spaces × AED 1,500 = AED 16,500 per year
TOTAL EXPECTED ANNUAL INCOME: AED 1,319,500
Property Details:
Location: Al Hamidiyah, Ajman
Land Area: 7,000 sq. ft.
Building Configuration: Ground + 6 Floors + Roof
Unit Mix: 24 Two-Bedroom Apartments + 1 Penthouse
Bathrooms: 3 Bathrooms per Two-Bedroom Apartment
Commercial Units: 3 Shops
Parking: 11 Spaces
Asking Price: AED 15,000,000
The property offers an attractive investment profile due to its diversified rental income and the large number of residential units. The combination of 24 two-bedroom apartments, a penthouse, commercial shops, and parking spaces allows the investor to benefit from several rental income sources rather than relying on a single property type.
Awtan Real Estate
Contact:
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - awtan-S-13753
- CompletionReady
- Average Rent
- Added on14 September 2026
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