Prime Investment Building in Al Jurf 3

An outstanding investment opportunity directly from the owner in Al Jurf Industrial 3, Ajman. This well-maintained residential building offers an excellent combination of spacious apartments, strong rental income, and future growth potential, making it an attractive choice for serious real estate investors.
The building is constructed on a plot measuring 6,727 square feet, equivalent to 625 square meters. It consists of a ground floor and five floors, with an approved building permit allowing construction up to ground floor plus six floors, offering additional development potential subject to the relevant authority approvals.
The property features a total of 30 residential units, including 5 studios, 5 one-bedroom apartments with living rooms, and 20 spacious two-bedroom apartments with living rooms. The building also provides 14 dedicated parking spaces, adding convenience and value for residents.
The building is six years old and currently generates an annual rental income of AED 914,000 based on existing old rental contracts. With the potential adjustment of rental rates to current market levels, the expected annual income could reach approximately AED 950,000, making this property an appealing opportunity for investors seeking stable returns and additional income growth.
Al Jurf Industrial 3 is a well-established area in Ajman, offering convenient access to supermarkets, grocery stores, restaurants, cafes, pharmacies, medical clinics, schools, mosques, shopping facilities, and public transportation. Its strategic road connections provide easy access to other residential and commercial districts, as well as major routes linking Ajman with neighboring Emirates.
With its diverse residential units, dedicated parking, established rental income, and approved additional construction potential, this property represents an excellent investment opportunity.
Offered directly by the owner.
Asking Price AED 10,500,000.
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