Al Khayal A1 Building

بناية الخيال أ1

عجمان

النعيمية

النعيمية 1

Ajman

Al Nuaimiya

Al Nuimiya 1

أمير  التيم

Z Real Estate

An investment opportunity to acquire a residential and commercial building in Al Nuaimiya, Ajman. The property occupies a corner location on two streets and offers freehold ownership for all nationalities. Built 5 years ago, the building comprises a ground floor and two upper floors, with a mix of commercial shops and residential units generating an existing rental income.

Property Details:

Location: Al Nuaimiya, Ajman
Ownership: Freehold for all nationalities
Corner location on two streets
Building Age: 5 years
Plot Size: 4,908 sq. ft.
Configuration: Ground Floor + 2 Floors

Unit Breakdown:

4 commercial shops
11 one-bedroom apartments
4 studio apartments

Investment Details:

Fully rented building
Existing rents are based on older rental agreements and may offer potential for review upon renewal, subject to the contracts and applicable regulations
Current Annual Income: AED 410,000
Asking Price: AED 6,500,000

Approximate Gross Rental Yield: 6.31% per year, based on the current annual income and asking price, before operating expenses, maintenance, and other costs.

A suitable option for investors seeking a fully rented residential and commercial property in the established Al Nuaimiya area of Ajman.

For inquiries and viewing appointments:
0523009651

We provide property sales and rental services with trusted real estate consultation for residential, investment, and commercial properties. We help clients find suitable opportunities at competitive prices and prime locations, with full follow-up, smooth procedures, and professional service. Contact: 0523009651

new building for sale in Al Nuaimiya 1. 19 units.

Al Khayal A1 Building

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