Building for Sale in Al Rawda 1, Ajman, on a Paved Commercial Road, G+3, 19 Apartments, Annual Income AED 390K, Potential 20% Increase, Asking Price A

Building for Sale in Al Rawda 1, Ajman – Annual Income AED 390,000
A great investment opportunity to own a residential building in Al Rawda 1, Ajman, located on a paved commercial road in a prime location, offering steady rental income and potential for future growth.
Building Details:

Location: Al Rawda 1, Ajman
Plot Area: 5,000 sq. ft.
Building Configuration: Ground Floor + 3 Floors
Total Units: 19 Apartments
3 Two-Bedroom Apartments
11 One-Bedroom Apartments
5 Studios
Prime location on a paved commercial road

Rental Income and Investment Potential:

Current Annual Rental Income: Approximately AED 390,000, based on documented tenancy contracts.
Potential to increase rental income by up to 20% for many apartments, subject to applicable rental regulations and contract terms.

Asking Price: AED 5,000,000 – Negotiable for Serious Buyers
An excellent opportunity for investors seeking a tenanted property with an established rental income and potential to enhance future returns.
For further details or to arrange a viewing, please get in touch.