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Commercial & Residential Building for Sale Near Ajman Corniche
Commercial & Residential Building for Sale Near Ajman CornichePrime Investment Opportunity in Ajman
A well-established commercial and residential building is available for sale in a desirable location near the Ajman Corniche. This property offers an excellent combination of residential units and commercial shops, making it suitable for investors looking for a property with an established rental income and long-term investment potential.
The building is approximately 10 years old and consists of a total of 29 units, providing a diversified rental portfolio within one property.
Property CompositionThe building includes:
Rental IncomeThe property currently generates a reported total annual rental income of AED 689,100.
Based on the asking price of AED 6,800,000, the gross rental yield is approximately 10.13% per annum, before considering operating expenses, maintenance, management costs, vacancies, and other property-related expenses.
This level of rental income provides investors with an established income stream from an existing property rather than requiring the investor to build a rental portfolio from multiple individual units.
Asking PriceSelling Price: AED 6,800,000
Annual Rental Income: AED 689,100
Approximate Gross Yield: 10.13%
The property may be particularly suitable for investors seeking a building with a mix of residential and commercial units in Ajman.
Location AdvantageThe building is located near Ajman Corniche, an established area with access to residential communities, commercial facilities, shops, restaurants, services, and other everyday amenities. The location provides convenient access to the surrounding parts of Ajman and makes the property suitable for both residential and commercial occupancy.
Investment OpportunityFor an investor, the main attraction of this property is the combination of multiple rental units, commercial shops, an established rental income, and a strategic Ajman location. Having 3 shops together with 26 residential apartments creates a diversified income structure within a single building.
The property is approximately 10 years old, so interested investors should conduct the appropriate due diligence, including reviewing tenancy contracts, current occupancy, rental payment records, maintenance history, ownership documents, service or municipality charges, and any applicable transfer costs before completing the transaction.
Asking Price: AED 6.8 Million
Annual Rental Income: AED 689,100
Gross Rental Yield: Approximately 10.13%
A suitable opportunity for investors looking for an income-generating commercial and residential building near Ajman Corniche.
For further information, rental details, documentation, or to arrange a property viewing, please contact us.
A well-established commercial and residential building is available for sale in a desirable location near the Ajman Corniche. This property offers an excellent combination of residential units and commercial shops, making it suitable for investors looking for a property with an established rental income and long-term investment potential.
The building is approximately 10 years old and consists of a total of 29 units, providing a diversified rental portfolio within one property.
Property CompositionThe building includes:
- 3 commercial shops, offering additional rental income from business tenants.
- 1 studio apartment, suitable for individuals or couples.
- 24 one-bedroom apartments, providing the majority of the residential rental income.
- 1 two-bedroom apartment, offering accommodation suitable for families.
Rental IncomeThe property currently generates a reported total annual rental income of AED 689,100.
Based on the asking price of AED 6,800,000, the gross rental yield is approximately 10.13% per annum, before considering operating expenses, maintenance, management costs, vacancies, and other property-related expenses.
This level of rental income provides investors with an established income stream from an existing property rather than requiring the investor to build a rental portfolio from multiple individual units.
Asking PriceSelling Price: AED 6,800,000
Annual Rental Income: AED 689,100
Approximate Gross Yield: 10.13%
The property may be particularly suitable for investors seeking a building with a mix of residential and commercial units in Ajman.
Location AdvantageThe building is located near Ajman Corniche, an established area with access to residential communities, commercial facilities, shops, restaurants, services, and other everyday amenities. The location provides convenient access to the surrounding parts of Ajman and makes the property suitable for both residential and commercial occupancy.
Investment OpportunityFor an investor, the main attraction of this property is the combination of multiple rental units, commercial shops, an established rental income, and a strategic Ajman location. Having 3 shops together with 26 residential apartments creates a diversified income structure within a single building.
The property is approximately 10 years old, so interested investors should conduct the appropriate due diligence, including reviewing tenancy contracts, current occupancy, rental payment records, maintenance history, ownership documents, service or municipality charges, and any applicable transfer costs before completing the transaction.
Asking Price: AED 6.8 Million
Annual Rental Income: AED 689,100
Gross Rental Yield: Approximately 10.13%
A suitable opportunity for investors looking for an income-generating commercial and residential building near Ajman Corniche.
For further information, rental details, documentation, or to arrange a property viewing, please contact us.
Property Information
- TypeCommercial Building
- PurposeFor Sale
- Reference no.Bayut - Residential-Commercial-Building
- CompletionReady
- Average Rent
- Added on23 September 2026
Validated Information
Mortgage
Calculate and view the monthly mortgage on this commercial building
Building Information
Features / Amenities
Balcony or Terrace
Floor: 4
Gym or Health Club
Cafeteria or Canteen
+ 2 more amenities
