AED 11,000,000
Own this from just
39,588 AED/monthBuilding for sale with an annual income of 850 k
A new building for sale, the first tenant, is located in a strategically vital location in Ajman, on the main Al Ittihad Street, opposite Thumbay Hospital and Al Ain Hotel, and next to Emirates Markets and Day to Day, providing easy access to Sharjah and Dubai. The building is only one year old and includes multiple units that generate a steady income.
Property Details:
Building Age: 1 year (first occupant)
Land Area: 4,500 square feet
Built-in Area: 25,500 square feet
Residential Units:
24 two-bedroom apartments
2 studio apartments
Parking: 8 allocated parking spaces
Annual Net Income: AED 850,000
Asking Price: Only AED 11,000,000
The investment represents an excellent opportunity to achieve an annual return of approximately 7.7%, which is a good rate compared to the fixed income of similar buildings in Ajman.
Property details
Property Type
Whole Building
Property Size
25,500 sqft / 2,369 sqm
Bedrooms
7+
Bathrooms
7+
Amenities
Central A/C
Balcony
Security
Covered Parking
Kitchen Appliances
Pets Allowed
Children's Play Area
Vastu-compliant
Location

Provided by
Ahmed Hesham
No ratings

Al Dyar City Properties LLC
See agency properties (675)Response time
within 5 minutes
Experience
3 years
Languages
English, Arabic
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
39,588 AED
with interest rate of
3.75%
Powered by
Regulatory information
Regulatory information
Reference
01JZJFWKBQP20YN3PB9APFRXQK
Listed
2 days ago
Broker License
123698
Recommended for you
Whole Building
10,000,000 AED
Ajman Gate Tower, Ajman Industrial 2, Ajman Industrial Area, Ajman
7+
7+
4,300 sqft
Whole Building
12,000,000 AED
Ajman Gate Tower, Ajman Industrial 2, Ajman Industrial Area, Ajman
7+
7+
25,500 sqft
Land
1,600,000 AED
Ajman Gate Tower, Ajman Industrial 2, Ajman Industrial Area, Ajman
5,098 sqft
Land
1,700,000 AED
Ajman Gate Tower, Ajman Industrial 2, Ajman Industrial Area, Ajman
4,660 sqft
Own this property from just
39,588 AED /month
Fixed rates from: 3.75%
Get pre-approvedIn partnership with