Investment Building for Sale in Al Nuaimiya, Ajman

A valuable investment opportunity to acquire a residential building in Al Nuaimiya, Ajman, generating a strong annual rental income. An attractive option for investors seeking a steady rental revenue stream and long-term property investment.
Building Details

Location: Al Nuaimiya, Ajman
Residential Units: 32 two-bedroom apartments with living rooms
Bathrooms: 2 per apartment
Commercial Units: 1 shop
Annual Rental Income: AED 860,000
Asking Price: AED 8,200,000

Investment Highlights

Strong annual rental income from residential and commercial units.
A combination of residential apartments and commercial space.
Suitable for investors looking for rental income in Ajman's property market.
Located in Al Nuaimiya, an established area with access to essential services and facilities.

Approximate Annual Gross Rental Yield: 10.49% based on the asking price, before operating expenses, maintenance, and other costs.
For further details and to arrange a viewing, please get in touch.