位于艾尔朱尔夫，艾尔-朱尔夫3号社区 11 卧室的住宅楼 9500000 AED - 16264239

A distinctive residential and commercial building is for sale in Al Jurf Industrial Area 3, Ajman. This investment property combines residential and commercial use, offering diverse income streams and making it ideal for investors seeking an established, income-generating property in a prime location.

The building boasts an excellent location in Al Jurf Industrial Area 3, a vibrant and dynamic area with numerous commercial, industrial, and residential activities. This combination fuels demand for both residential and retail units. The mixed-use nature of the property allows investors to benefit from a variety of units and tenants, thus avoiding reliance on a single activity for revenue generation.

The land area is approximately 900 square meters (9,687 square feet), a very suitable size for an investment building of this size. The building permit allows for a ground floor plus three additional floors, providing ample space for construction and utilization. This ensures the property is a fully established investment asset, rather than simply a plot of land whose value depends on future development.

The building comprises a large number of residential and commercial units, including 24 one-bedroom apartments, 3 two-bedroom apartments, and 5 retail shops. This variety of units is a major strength of the property, as it provides a diverse tenant base and generates multiple income streams from both the apartments and shops.

The building's current annual income is approximately AED 850,000, a strong gross income relative to the asking price, offering investors a clear opportunity to assess the return on investment. With the asking price of AED 9,500,000, the approximate gross return on investment is around 8.95% annually, before deducting operating expenses, maintenance costs, and any other property-related fees.

In other words, the asking price is approximately 11.18 times the current annual income, figures that help investors evaluate the deal initially. The actual net return depends on annual expenses, the property's condition, maintenance costs, occupancy rates, lease agreements, and any other financial obligations of the building.

From an investment perspective, the presence of 24 one-bedroom apartments, 3 two-bedroom apartments, and 5 shops diversifies the property's income streams. If one unit becomes vacant, the building's income doesn't cease entirely, as revenue is generated from a large number of different units. The presence of the shops also adds significant value to the investment, especially if they are leased under stable contracts and located in convenient areas within the building.

The asking price is AED 9,500,000, and the stated annual income is AED 850,000. Therefore, the property can be presented to investors as an existing, income-generating residential and commercial building in Al Jurf Industrial Area 3, with a land area of approximately 9,687 square feet, a permit for a ground floor and three upper floors, and comprising 27 residential units in addition to 5 shops, generating an annual income of AED 850,000.

Overall, this building represents a suitable investment opportunity for those seeking a consistent annual income with diversified units and revenue streams, particularly as the property combines residential and commercial uses in a vibrant area. Before completing the purchase, it is important for the investor to review the existing leases for all units, verify the actual occupancy rate, the rental value per unit, the annual expenses, the condition of the building, and any existing fees or obligations, so that the true net return can be accurately calculated and the property fully valued.