Name: 2 bedroom Whole Buildings for sale in Al Jurf 3
Brand: Property Finder

Ajman Downtown

Al Jurf 3

Al Jurf 3, Ajman Downtown, Al Jurf

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2 bedroom Whole Buildings for sale in Al Jurf 3 - 2 BHK Whole Buildings for sale | Property Finder UAE

2 bedroom Whole Buildings for sale in Al Jurf 3

‪Mahmoud Elregaily‬‏

IMPERIAL HOMES PROPERTIES

A prime investment opportunity for sale in Ajman – Al Jurf 3, a vibrant area experiencing increasing demand for residential and commercial units due to its strategic location and proximity to services, main roads, industrial zones, and universities. This makes it an ideal environment for investment with stable returns and promising future growth.
The building currently consists of a ground floor plus two upper floors (G+2), wih the potential to expand to a ground floor plus four upper floors (G+4). The permit allows for the addition of two more floors, providing the investor with a golden opportunity to increase the number of residential units and maximize future investment returns.
The building currently houses 15 residential apartments distributed as follows:
10 one-bedroom apartments (1BHK)
5 studios
In addition, there are 5 retail shops on the ground floor, offering diversified income streams between residential and commercial properties and enhancing the stability of returns.
The land area is approximately 6,700 square feet, with available parking. The existing spaces can be utilized by converting some of the parking areas into additional studios to increase the number of units and boost annual income, reflecting high investment flexibility.
The building is only about 1 year and 8 months old, meaning it's practically new and in excellent condition in terms of construction and finishes. This minimizes maintenance costs and ensures operational stability for years to come.
The current annual income, based on existing contracts, is approximately AED 420,000. Rents can be increased in the future to align with current market rates, especially with the addition of two new floors or more units, which could significantly increase the return on investment.
The asking price of AED 5,600,000 is very competitive considering the building's age, its location in Al Jurf 3, the number of units, and its potential for future expansion. This makes it a strong investment o

2 bedroom Whole Buildings for sale in Al Jurf 3

for sale in Ajman – Al Jurf 3,for residential

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