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Al Nuaimiya 2, Al Nuaimiya, Ajman
10+ Beds
10+ Baths
4,200 sqft
# Building for Sale in Al Nuaimiya 2, Ajman – Annual Income AED 240,000
# Building for Sale in Al Nuaimiya 2, Ajman – Annual Income AED 240,000
A great investment opportunity to own a residential building in one of the most sought-after areas of Ajman. Located in Al Nuaimiya 2, behind Kuwait Street, the building enjoys a strategic location close to essential services, shopping centers, schools, and major roads.
This property is an excellent opportunity for investors looking for a ready income-generating asset with strong potential to increase rental returns in the future, as the current rental contracts are old and below current market rates.
**Building Details:**
Location: Al Nuaimiya 2, behind Kuwait Street
Building Type: Residential
Structure: Ground Floor + 2 Floors
Plot Area: 390 SQM
Total Area: 4,200 SQFT
Building Age: 20 Years
Total Apartments: 12
**Apartment Breakdown:**
5 Apartments – 2 Bedrooms and Living Hall
7 Apartments – 1 Bedroom and Living Hall
**Maintenance and Renovation Works:**
The building has undergone extensive maintenance and renovation, both internally and externally, with special attention to improving its appearance, quality, and overall condition.
Recent improvements include:
- Complete maintenance of the building, inside and outside.
- Installation of Super General split air conditioning units in all apartments.
- Decorative upgrades to the corridors, giving the building an elegant and modern appearance.
- Installation of external granite to provide additional protection against rainwater.
- Installation of interlock paving in front of the building, improving the exterior appearance and providing additional parking space.
**Investment Details:**
Current Annual Rental Income: AED 240,000.
Excellent potential to increase the annual income by adjusting rental rates to current market values, as the existing rental contracts are old.
The building offers a balanced mix of 1-bedroom and 2-bedroom apartments, making it suitable for a wide range of tenants and supporting consistent rental demand.
**Asking Price: AED 3,200,000 – Negotiable. **
An excellent investment opportunity for buyers looking for a well-maintained, income-generating residential building in a prime location in Ajman, with the potential to achieve higher rental returns in the future.
For further details, investment inquiries, or to arrange a property viewing, please contact us.
A great investment opportunity to own a residential building in one of the most sought-after areas of Ajman. Located in Al Nuaimiya 2, behind Kuwait Street, the building enjoys a strategic location close to essential services, shopping centers, schools, and major roads.
This property is an excellent opportunity for investors looking for a ready income-generating asset with strong potential to increase rental returns in the future, as the current rental contracts are old and below current market rates.
**Building Details:**
Location: Al Nuaimiya 2, behind Kuwait Street
Building Type: Residential
Structure: Ground Floor + 2 Floors
Plot Area: 390 SQM
Total Area: 4,200 SQFT
Building Age: 20 Years
Total Apartments: 12
**Apartment Breakdown:**
5 Apartments – 2 Bedrooms and Living Hall
7 Apartments – 1 Bedroom and Living Hall
**Maintenance and Renovation Works:**
The building has undergone extensive maintenance and renovation, both internally and externally, with special attention to improving its appearance, quality, and overall condition.
Recent improvements include:
- Complete maintenance of the building, inside and outside.
- Installation of Super General split air conditioning units in all apartments.
- Decorative upgrades to the corridors, giving the building an elegant and modern appearance.
- Installation of external granite to provide additional protection against rainwater.
- Installation of interlock paving in front of the building, improving the exterior appearance and providing additional parking space.
**Investment Details:**
Current Annual Rental Income: AED 240,000.
Excellent potential to increase the annual income by adjusting rental rates to current market values, as the existing rental contracts are old.
The building offers a balanced mix of 1-bedroom and 2-bedroom apartments, making it suitable for a wide range of tenants and supporting consistent rental demand.
**Asking Price: AED 3,200,000 – Negotiable. **
An excellent investment opportunity for buyers looking for a well-maintained, income-generating residential building in a prime location in Ajman, with the potential to achieve higher rental returns in the future.
For further details, investment inquiries, or to arrange a property viewing, please contact us.
Property Information
- TypeResidential Building
- PurposeFor Sale
- Reference no.Bayut - 9123-4XhFMK
- CompletionReady
- Average Rent
- Added on1 November 2026
Validated Information
Mortgage
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Building Information
Features / Amenities
Balcony or Terrace
Electricity Backup
Centrally Air-Conditioned
Central Heating
+ 14 more amenities
