Ajman Industrial 2, Ajman Industrial Area

Geepas Building 2

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Compounds for sale in Ajman Industrial 2

Adel Elyoun

Al Mutamaiz Real Estate

# Residential and Commercial Building for Sale in Ajman Industrial Area 2

An investment opportunity in Ajman Industrial Area 2, featuring an established residential and commercial building with multiple rental units and a commercial shop. The property is suitable for investors seeking an income-generating asset in Ajman.

## Property Details

Location: Ajman Industrial Area 2

Property Type: Residential and Commercial Building

Plot Area: 4,295 sq. ft.

Built-up Area: 21,140 sq. ft.

Current Structure: Ground Floor + 6 Floors + Roof

Approved Building Permit: Ground + 12 Floors

Building Age: 5 Years

## Building Composition

24 Two-Bedroom Apartments with Living Rooms

2 Studio Apartments

1 Commercial Shop

7 Parking Spaces

## Income and Asking Price

Total Annual Income: AED 909,000

Asking Price: AED 10,000,000

## Investment Highlights

This residential and commercial property offers a combination of apartment rentals and commercial space, with 24 two-bedroom apartments, two studios, and one commercial shop.

The building is five years old and has a reported built-up area of 21,140 sq. ft. The stated building permit is Ground + 12 Floors, subject to verification of the approved plans and applicable regulations.

With reported annual income of AED 909,000, the property provides an opportunity for investors to assess its rental performance and potential long-term value.

An option worth considering for investors looking to expand their real estate portfolio with an established residential and commercial asset in Ajman.

**Asking Price: AED 10,000,000.**

For further details or to arrange a viewing, please contact the advertiser.

Ajman

Ajman Industrial Area

Ajman Industrial 2

Building for Sale in Ajman Industrial 2

Compounds for sale in Ajman Industrial 2

Building for Sale in Ajman Industrial 2

Adel Elyoun

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