Investment Building for Sale in Al Rawda 1 Ajman, G+3, 19 Apartments, Commercial Road, AED 390K Annual Income with 20% Rental Increase Potential, AED

Residential Investment Building for Sale – Al Rawda 1, Ajman
An excellent investment opportunity to own a residential building in a prime location in Al Rawda 1, Ajman, situated on a paved commercial road. The building offers a variety of residential units, a good annual rental income, and strong potential for increasing returns.
Property Details:

Plot Area: 5,000 sq. ft.
Building Configuration: Ground Floor + 3 Floors (G+3).
Total Units: 19 Apartments.
3 Two-Bedroom Apartments with Living Room.
11 One-Bedroom Apartments with Living Room.
5 Studio Apartments.
Location: On a paved commercial road.
Current Annual Rental Income: Approximately AED 390,000, based on registered tenancy contracts.
Potential to increase rental income by up to 20% for most apartments.

Asking Price: AED 5,000,000
Price is negotiable for serious buyers.
An excellent opportunity for investors seeking a steady rental income with strong potential to increase returns in one of Ajman's desirable residential areas.