Fully Rented | High Income | Three Main Roads

Investment Building for Sale in Al Rawda 3, Ajman | Fully RentedAn excellent investment opportunity to acquire a residential and commercial building in Al Rawda 3, Ajman. The property occupies a strategic location on three main asphalt roads and offers a mix of residential apartments and retail shops. The building is fully rented, generating a current annual income of AED 819,000, with potential to increase the income to AED 867,000 following lease renewals.
Property Details
Location: Al Rawda 3, Ajman
Plot Area: 7,200 sq. ft.
Plot Dimensions: 60 × 120 ft.
Year of Construction: 2008
Location: Corner position on three main asphalt roads
Occupancy Status: Fully Rented
Building Composition
31 Residential Apartments
5 Retail Shops
23 One-Bedroom Apartments with Living Rooms
7 Studio Apartments, each with a separate kitchen and bathroom
1 Two-Bedroom Apartment with Living Room
Investment Details
Current Annual Rental Income: AED 819,000
Projected Annual Rental Income After Lease Renewals: AED 867,000
Asking Price: AED 8,600,000
Sale: Directly from the Owner
Investment Return
Current Gross Rental Yield: Approximately 9.52% annually
Projected Gross Rental Yield After Lease Renewals: Approximately 10.08% annually
Yields are calculated before expenses.
With its strategic location on three main roads, diverse residential and commercial units, full occupancy, and potential for increased rental income, this building represents an attractive investment opportunity in Ajman.
For further details or to arrange a viewing, please contact us directly.