Residential Investment Building for Sale in Al Jurf Industrial Area 2, Ajman | G+2 | 23 Units | AED 555K Annual Income

Residential Investment Building for Sale in Al Jurf Industrial Area 2, Ajman
An excellent investment opportunity to acquire a residential building in a prime location in Al Jurf Industrial Area 2, Ajman, a vibrant area with strong potential for residential rental demand.
Building Details:

Floors: Ground + 2 (G+2).
Land area: 6,725 sq. ft.
Building age: 5 years.
8 studio apartments.
11 one-bedroom apartments.
4 two-bedroom apartments.
Total: 23 residential units.

Occupancy and Investment Returns:

Fully leased.
Annual income: AED 555,000.
Approximate gross annual rental yield: 9.41% based on the asking price, before operating and maintenance expenses.

Asking Price: AED 5,900,000.
A great opportunity for investors seeking a fully leased residential building with established annual income in a strategic location in Al Jurf Industrial Area 2, Ajman.