Residential & Commercial Building for Sale in Al Rumaila, Ajman, AED 550K Annual Income, 10% ROI, New Elevator, AED 5.5M

Residential & Commercial Building for Sale in Al Rumaila, Ajman | 10% ROI
A prime investment opportunity to own a residential and commercial building in Al Rumaila, Ajman, offering strong rental income with potential for increased returns.
Property Details:

Location: Al Rumaila, Ajman
Property Type: Residential & Commercial
Plot Area: 3,600 sq. ft.
Building Configuration: Ground Floor + Mezzanine + 4 Floors

Building Layout:

4 retail shops
10 apartments with 3 bedrooms and a hall
8 apartments with 2 bedrooms and a hall
2 apartments with 1 bedroom and a living room
1 studio apartment

Rental Income & Investment Returns:

Current Annual Rental Income: AED 550,000
Expected Annual Rental Income After Rent Increases: AED 600,000
Asking Price: AED 5,500,000
Current Gross Rental Yield: 10%
Expected Gross Rental Yield: 10.91%

Recent Upgrades & Compliance Documents:

Recent maintenance completed
New elevator installed
Civil Defense compliance certificate available
CCTV certificate from Ajman Police available
Pest control contract in place
Water tank cleaning and disinfection contract in place

An excellent opportunity for investors seeking a residential and commercial property with established rental income and the potential to increase returns.
For further details or to arrange a viewing, please get in touch.
Rental yields are calculated based on the asking price, before expenses, maintenance costs, and applicable fees.