Residential & Commercial Building for Sale in Al Rumaila, Ajman, Near Ajman Corniche, G+6 Floors, 26 Two-Bedroom Apartments, 4 Shops, AED 850K Annual

Building for Sale in Al Rumaila, Ajman – Near Ajman Corniche
A residential and commercial building in a prime location in Al Rumaila, Ajman, near Ajman Corniche. An excellent investment opportunity with attractive annual rental income.
Property Details:

Location: Al Rumaila, Ajman
Building Structure: Ground Floor + 6 Floors
Plot Area: 4,200 sq. ft.
Apartments: 26 Two-Bedroom Apartments
Shops: 4 Commercial Shops

Annual Rental Income:

Current Income: AED 705,000, excluding 4 currently vacant apartments.
Total Annual Income: AED 850,000.

Asking Price: AED 7,800,000, negotiable.
A great investment opportunity in Al Rumaila, close to Ajman Corniche, with a potential annual rental yield of approximately 10.9% based on the stated total income, before operating and maintenance expenses.