For Sale – Brand New Building in Ajman Corniche

For Sale – Brand New Building in Ajman Corniche – Freehold for All Nationalities

A rare investment opportunity in a prime location directly on Ajman Corniche. This brand-new residential-commercial building is finished to modern standards and fully leased under a secure investment contract, offering immediate income to the buyer.

Property Details:

Location: Ajman Corniche – Freehold for all nationalities

Property Type: Residential & Commercial Building

Floors: Ground + 4 Floors

Condition: Brand New

Land Area: 807 sqm (approx. 8,700 sq. ft.)

Central Air Conditioning

2 Elevators

Includes Internal Parking & Watchman Room

Unit Breakdown:

20 One-Bedroom Apartments (2 bathrooms + balcony)

8 Two-Bedroom Apartments (3 bathrooms + balcony)

4 Studio Apartments

1 Commercial Shop

Current Income:

Investment Contract: 3 years

Annual Contract Value: AED 920,000 (net to owner)

Annual ROI: 7.66%

Important Note:
The current investment contract is near its end. Upon renewal or re-renting at market rates, the annual income is expected to increase significantly, enhancing ROI and property value.

Asking Price:
AED 12,000,000

Key Features:

Prime location directly on Ajman Corniche

Fully serviced, active residential and commercial area

Ideal for long-term investment

Freehold title with immediate transfer availability

Ready infrastructure and operation

For more information or to arrange a viewing, please contact directly.

Note:
All attached images are AI-generated and do not represent the actual photos of the building.

Property details

Property Type

Whole Building

Property Size

4,200 sqft / 390 sqm

Bedrooms

Bathrooms

Available from

18 Jun 2025