Investment building for sale in Al Nuaimiya 1, generating an annual income of AED 1.95 million. The property consists of a ground floor plus 7 additio

For sale: A residential and commercial building in the Al Nuaimia 1 area of Ajman. Situated in a vibrant location with a large plot size and a strong annual income, this property is an ideal choice for investors seeking a real estate asset that offers stable returns and the potential for future income growth.

Building Details:
Location: Al Nuaimia 1 – Ajman
Structure: Ground floor + 7 floors
Plot Area: 13,400 square feet
Building Age: 22 years

Building Composition:
6 commercial shops
47 two-bedroom apartments (with a living room)
14 three-bedroom apartments (with a living room)
1 studio apartment

Investment Details:
Current Annual Income: AED 1,950,000
Projected Annual Income: AED 2,200,000
Asking Price: AED 18,000,000

The building features a diverse mix of residential units and commercial shops, providing multiple streams of income and allowing investors to capitalize on the strong demand for residential and commercial real estate in the Al Nuaimia area.

This opportunity is well-suited for investors looking to acquire an established, income-generating real estate asset, with the potential to further enhance returns and improve the building’s investment performance.

For further information, additional details, or to arrange a viewing, please contact us.