income awaits you in Al Nakheel 1, Emirate of Ajman. Excellent investment opportunity! A profitable building with an amazing

Excellent investment opportunity! A profitable building with an amazing income awaits you in Al Nakheel 1, Emirate of Ajman.

- *Property details:*

  - Ground + 6 floors

  - 44 apartments (room and hall), 6 studios, and 3 shops

  - Land area: 5,960 square feet

- *The annual income:*

  - Current income: 720 thousand dirhams

  - An impressive return: exceeding 13%, which provides an excellent investment opportunity

- *important information :*

  - Construction age: 19 years

  - Asking price: 6 million and 800 dirhams

Price reduced for quick sale

Seize this golden opportunity to secure a property with a stable and high return on investment. Act fast and don't let this opportunity go to waste!
- *important information :*
   - Construction age: 19 years
   - The building is mortgaged to FAB Bank
   - Asking price: full mortgage amount
Without charging the seller any expenses or commissions (6.5 million)

Property Information

TypeCommercial Building
PurposeFor Sale
Reference no.Bayut - ahm ei n
CompletionReady
Average Rent
Added on21 January 2024

Features / Amenities

Cafeteria or Canteen

CCTV Security

Freehold

Trends

*These trends are calculated using a proprietary algorithm based on prices advertised on Bayut.**Popularity is based on searches conducted by users on Bayut over the last quarter.