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Ajman Industrial 1, Ajman Industrial, Ajman
10+ Beds
10+ Baths
21,140 sqft
Building for sale in Industrial Area 1 / Directly on Al Ittihad Road / 9.1% annual return.
This is an exceptional investment opportunity for those looking to own a mixed-use residential and commercial property in Ajman Industrial Area 2. The building offers excellent investment specifications, combining multiple residential units with commercial space, and generates a gross annual income of AED 909,000. It features a ground floor, six upper floors, and a roof level, with a land area of 4,295 square feet and a total built-up area of 21,140 square feet. This makes it a compelling prospect for investors seeking a property that offers multiple rental units and diversified income streams within a single building.
Located in Ajman Industrial Area 2—a district with both residential and commercial characteristics—the property is an attractive option for investors looking to capitalize on the demand for both types of units. Additionally, the land permit allows for construction up to a ground floor plus 12 floors (subject to verification of current planning regulations and obtaining necessary official approvals before considering any expansion or additional floors).
The building comprises 24 residential apartments (each featuring two bedrooms and a living room), two studio units, and one commercial shop. This variety of units allows for targeting a diverse range of tenants. Two-bedroom apartments with a living area offer suitable space for families seeking practical accommodation, while studio units cater to individuals or couples who prefer smaller living spaces. The commercial unit adds a business dimension to the property, offering potential for use based on permitted activities and approved licenses. This diversity helps generate multiple streams of rental income and allows for unit management tailored to market demands.
The land area spans 4,295 square feet, while the built-up area reaches 21,140 square feet, reflecting efficient space utilization through the distribution of units across multiple floors. The building also features seven parking spaces—a crucial factor when evaluating the property, especially given the number of apartments and units. It is important to verify parking arrangements and ensure compliance with regulatory requirements and tenant needs.
At five years old, the building is relatively modern compared to older structures; however, it is essential to inspect its structural and technical condition, as well as the efficiency of its systems, services, and maintenance history. Assessing the building's condition, existing lease agreements, occupancy rates, and operating expenses is a vital step prior to purchase, ensuring a clear understanding of the property's actual investment performance. Financially, the building’s declared annual income is AED 909,000, while the asking price is AED 10,000,000. Based on these figures, the gross annual rental yield is approximately 9.09% of the property value—calculated before deducting costs for maintenance, management, insurance, fees, and other operating expenses. This figure serves as a preliminary benchmark for comparing the offer with other investment opportunities; however, it is essential to review the actual income documented in lease agreements and verify the stability of annual revenues and expenses to determine the expected net return.
If you are seeking a real estate investment in Ajman that combines residential apartments with a commercial unit—and offers a declared gross annual income of AED 909,000—this building in the Ajman Industrial Area 2 is worth considering and inspecting. It features a built-up area of 21,140 square feet and comprises a ground floor, six upper floors, and a rooftop level. The property includes 24 two-bedroom apartments, two studios, and one commercial unit, along with seven parking spaces, all for an asking price of AED 10 million.
This is a distinctive investment opportunity for those looking to own a mixed-use (residential and commercial) building with a relatively high annual income, though it is important to verify income details, permits, and operating expenses before making a final decision.
Located in Ajman Industrial Area 2—a district with both residential and commercial characteristics—the property is an attractive option for investors looking to capitalize on the demand for both types of units. Additionally, the land permit allows for construction up to a ground floor plus 12 floors (subject to verification of current planning regulations and obtaining necessary official approvals before considering any expansion or additional floors).
The building comprises 24 residential apartments (each featuring two bedrooms and a living room), two studio units, and one commercial shop. This variety of units allows for targeting a diverse range of tenants. Two-bedroom apartments with a living area offer suitable space for families seeking practical accommodation, while studio units cater to individuals or couples who prefer smaller living spaces. The commercial unit adds a business dimension to the property, offering potential for use based on permitted activities and approved licenses. This diversity helps generate multiple streams of rental income and allows for unit management tailored to market demands.
The land area spans 4,295 square feet, while the built-up area reaches 21,140 square feet, reflecting efficient space utilization through the distribution of units across multiple floors. The building also features seven parking spaces—a crucial factor when evaluating the property, especially given the number of apartments and units. It is important to verify parking arrangements and ensure compliance with regulatory requirements and tenant needs.
At five years old, the building is relatively modern compared to older structures; however, it is essential to inspect its structural and technical condition, as well as the efficiency of its systems, services, and maintenance history. Assessing the building's condition, existing lease agreements, occupancy rates, and operating expenses is a vital step prior to purchase, ensuring a clear understanding of the property's actual investment performance. Financially, the building’s declared annual income is AED 909,000, while the asking price is AED 10,000,000. Based on these figures, the gross annual rental yield is approximately 9.09% of the property value—calculated before deducting costs for maintenance, management, insurance, fees, and other operating expenses. This figure serves as a preliminary benchmark for comparing the offer with other investment opportunities; however, it is essential to review the actual income documented in lease agreements and verify the stability of annual revenues and expenses to determine the expected net return.
If you are seeking a real estate investment in Ajman that combines residential apartments with a commercial unit—and offers a declared gross annual income of AED 909,000—this building in the Ajman Industrial Area 2 is worth considering and inspecting. It features a built-up area of 21,140 square feet and comprises a ground floor, six upper floors, and a rooftop level. The property includes 24 two-bedroom apartments, two studios, and one commercial unit, along with seven parking spaces, all for an asking price of AED 10 million.
This is a distinctive investment opportunity for those looking to own a mixed-use (residential and commercial) building with a relatively high annual income, though it is important to verify income details, permits, and operating expenses before making a final decision.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - buildingindusrial
- CompletionReady
- Average Rent
- Added on12 October 2026
Validated Information
Mortgage
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Building Information
Features / Amenities
Balcony or Terrace
Parking Spaces: 10
Flooring
Centrally Air-Conditioned
+ 25 more amenities
