Bayut - 108224-YxLhdl

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AED19,000,007

Est. Payment AED 68.4K/mo

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Al Tallah 2, Ajman

10+ Beds

10+ Baths

40,000 sqft

Building for Sale in Al Tallah, Ajman | Next to Choueifat School | Fully Rented | G+4 Floors | Strong Annual Income

A prime investment opportunity to own a residential and commercial building in Al Tallah, Ajman, located on the main road next to Choueifat School. The building is fully rented and generates an established annual rental income.
The property offers a combination of residential units, commercial shops, and parking spaces, providing diversified income sources.

Property Details

Location: Al Tallah, Ajman
Next to Choueifat School
Main road location
Ground + 4 floors
Fully rented
Plot area: 10,600 sq. ft.
Built-up area: 40,000 sq. ft.
2 Studios
16 One-bedroom apartments
16 Two-bedroom apartments
5 Commercial shops
15 Parking spaces
Building age: Not specified

Income Details

Etisalat income: AED 45,000 annually
du income: AED 45,000 annually
Parking income: AED 22,500
Total annual income: AED 1,786,500

Sale Details

Asking price: AED 19,200,000
Approximate gross yield based on the stated income and asking price: 9.31% annually
Fully rented building
Prime investment location on the main road

About Al Muhandes Real EstateAl Muhandes Real Estate specializes in professional property management and comprehensive real estate services, including building rentals and property sales.
With extensive experience in the UAE real estate market, our professional team provides comprehensive services including property management, buying and selling, leasing, and marketing of land, villas, apartments, townhouses, and commercial properties.
We also provide real estate consultancy, property registration and documentation services, as well as specialized support for banking transactions to facilitate buying and selling processes for our valued clients.