For sale: A new building in Al Muwaihat, fully leased, generating an annual income of AED 1.59 million. An investment opportunity with an attractive r

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For Sale: Premium Investment Building in Al Mowaihat – Ajman
An excellent investment opportunity to own a residential and commercial building in a prime location in Al Mowaihat, next to Choueifat School and close to Sheikh Mohammed Bin Zayed Road.
The building is fully rented, offering an established rental income and an attractive investment opportunity.
Property Specifications:

Property Type: Residential & Commercial Building
Building Configuration: Ground Floor + 4 Floors
Plot Area: 10,600 Sq. Ft.
Built-up Area: 40,000 Sq. Ft.
Occupancy Status: Fully Rented
Building Condition: Brand New – First Occupancy

Unit Breakdown:

2 Studios
16 One-Bedroom Apartments
16 Two-Bedroom Apartments
5 Retail Shops
15 Parking Spaces

Financial Details:

Asking Price: AED 18,800,000
Annual Rental Income: AED 1,590,000

Investment Highlights:

Strategic location in Al Mowaihat, Ajman
Next to Choueifat School
Easy access to Sheikh Mohammed Bin Zayed Road
Fully leased residential and commercial units
Brand-new building with first occupancy
Established rental income

An outstanding opportunity for investors seeking a premium income-generating property in one of Ajman's strategic locations.
For further details or to arrange a viewing, please contact us.