Building for Sale in Al Nuaimiya 2, Ajman | Direct from Owner | Annual Income AED 1.21M | Final Price AED 11.5M

Residential and Commercial Building for Sale in Al Nuaimiya 2, Ajman – Direct from OwnerAn attractive real estate investment opportunity to acquire a residential and commercial building in a prime location in Al Nuaimiya 2, Ajman, offered directly by the owner at a final asking price of AED 11,500,000.
The building features a diverse mix of residential apartments, studio units and commercial shops, offering investors an opportunity to own a multi-unit property with several potential rental income sources in Ajman.
The stated annual rental income is AED 1,210,000, making this property worth considering for investors seeking an established residential and commercial investment asset.

Property Details

Property Type: Residential and Commercial Building
Location: Al Nuaimiya 2, Ajman, UAE
Sale Type: Direct from Owner
Building Configuration: Ground Floor + 6 Floors (G+6)
Stated Plot Area: 7,220 sq. ft.
Stated Annual Income: AED 1,210,000
Final Asking Price: AED 11,500,000

Building CompositionThe building comprises the following units:

18 two-bedroom apartments with living rooms
12 one-bedroom apartments with living rooms
13 studio apartments
4 commercial shops

Total: 47 residential and commercial units, including 43 residential units and 4 commercial shops.

Investment Opportunity in Al Nuaimiya 2Located in Al Nuaimiya 2, Ajman, this property offers a combination of residential accommodation and commercial retail space.
The variety of units provides an opportunity to diversify rental income across multiple residential and commercial tenancies. Prospective buyers should verify occupancy levels, tenancy agreements, rental records and operating expenses to establish the property's actual net income.

Asking Price and Indicative Rental Yield

Final Asking Price: AED 11,500,000
Stated Annual Rental Income: AED 1,210,000
Indicative Gross Annual Yield: Approximately 10.52%

The indicative gross yield is calculated using the stated annual income divided by the final asking price. It is not a net return and excludes maintenance, management, operating expenses, vacancy periods and other applicable costs.

Key Investment Highlights

Direct sale from the owner
Prime location in Al Nuaimiya 2, Ajman
Ground floor plus six floors
43 residential units in different layouts
4 commercial shops
Stated annual income of AED 1.21 million
Final asking price of AED 11.5 million

Enquiries and ViewingFor further details about this residential and commercial building for sale in Al Nuaimiya 2, Ajman, contact the owner directly to discuss the rental income, tenancy details, property documentation and viewing arrangements.
Final Asking Price: AED 11,500,000.

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