Residential & Commercial Building for Sale in Al Jurf 3, Ajman | Corner Plot, G+2, 13 Apartments, 7 Studios, 8 Shops, AED 540K Annual Income with Rent

Residential & Commercial Building for Sale in Al Jurf 3, Ajman | Prime Corner LocationAn excellent investment opportunity to own a residential and commercial building in Al Jurf 3, Ajman, strategically located near Sheikh Mohammed Bin Rashid Street. The property occupies a prime corner plot and offers a combination of residential and commercial units, providing a steady rental income with strong potential for future growth.
Property Details:

Location: Al Jurf 3, Ajman
Property Type: Residential & Commercial Building
Plot Position: Corner
Near Sheikh Mohammed Bin Rashid Street
Building Permission: Ground Floor + 2 Floors (G+2)
Plot Area: 6,728 sq. ft.
Built-up Area: 16,000 sq. ft.
Building Age: 6 Years

Building Composition:

13 One-Bedroom Apartments, each with 2 bathrooms
7 Studio Apartments
8 Commercial Shops

Investment Details:

Current Annual Rental Income: AED 540,000
Existing rental contracts are based on old rental rates.
Potential to increase the annual income by adjusting rental rates upon contract renewals.

Asking Price: AED 7,000,000
An ideal investment opportunity for investors seeking a well-positioned residential and commercial property with diversified rental income and excellent potential to increase future returns.
For further details or to arrange a viewing, please contact us.
Current ROI: Approximately 7.71% annually, based on the current rental income and asking price, before expenses and fees.