Al Shorafa 1 Building, Al Rumaila 1

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Whole Buildings for sale in Al Shorafa 1 Building

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Z Real Estate

An attractive investment opportunity to acquire a residential and commercial building in Al Rumaila 1, Ajman. The property occupies a prominent corner location on three streets in a busy area, offering convenient access and commercial visibility. Built on a plot of 11,377 sq. ft., the building consists of a ground floor and three upper floors, with a combination of retail shops and residential apartments.

The existing rents are described as old and potentially increaseable, subject to applicable regulations and tenancy terms, giving investors an opportunity to assess future income potential.

Building Details:

Location: Al Rumaila 1, Ajman
Classification: Residential and Commercial
Corner location on 3 streets
Plot Size: 11,377 sq. ft.
Structure: Ground floor + 3 floors
7 commercial shops
2 studio apartments
20 three-bedroom apartments with living rooms
Building age: Over 18 years
Located on a busy street

Investment Details:

Current Annual Income: AED 744,000
Existing rents may offer potential for increases, subject to applicable regulations and tenancy terms
Asking Price: AED 8,500,000
Approximate Gross Annual Yield: 8.75%, based on the stated current income and asking price, before operating expenses, maintenance, and other costs.

For inquiries and further details:
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

Whole Buildings for sale in Al Shorafa 1 Building

building in Al Rumailah 1, 20 3BHK+7shops for sale

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