Здание в Аль Алиа, 3800000 AED - 15671943

For sale in Ajman, a distinctive residential and commercial building located in Al Alia, a promising area experiencing rapid urban and investment growth. This presents an ideal opportunity for investors seeking a modern property with a good return on investment and the potential for future income growth through legal rent increases.

The building comprises a ground floor plus three upper floors (G+3), situated on a 2,755 sq ft plot. Constructed to modern specifications, the building is only three years old, resulting in lower maintenance costs and long-lasting quality construction and finishes.

The property includes nine one-bedroom apartments and three retail shops on the ground floor, providing diversified income streams and greater return stability for investors, while capitalizing on the increasing demand for residential and commercial units in Al Alia.

The property currently generates an annual income of AED 260,000, with the potential to increase this income by up to 20% under applicable legal increases, bringing the expected annual income to approximately AED 310,000. This enhances the investment's value and boosts returns in the near term.

Property Details:

* Location: Al Aaliyah, Ajman

* Type: Residential/Commercial Building

* Number of Floors: Ground + 3

* Land Area: 2,755 sq ft

* Building Age: 3 years

* Number of Residential Units: 9 one-bedroom apartments

* Number of Retail Shops: 3

* Current Annual Income: AED 260,000

* Expected Income after Legal Increase: Approximately AED 310,000 annually

* Asking Price: AED 3,800,000

* Price is slightly negotiable. This building presents a unique investment opportunity thanks to its recent construction, its location in a rapidly expanding area, its current strong income stream, and the potential for future growth. This makes it an ideal choice for investors seeking a ready-to-move-in property that generates a stable income with potential for appreciation and return.

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