A residential/commercial building in Al-Aliya,

For sale: A new building in Al Alia, Ajman, strategically located on the main road separating Al Raqaib and Al Alia. This prime location offers easy access and a distinctive commercial frontage, making it an ideal investment opportunity for those seeking a mixed-use residential/commercial property with strong annual returns.

Property Details:

Property Type: Mixed-use Residential/Commercial Building

Classification: Ground Floor + Mezzanine + 3 Floors

Land Area: 5,511 sq ft

Built-up Area: 22,836 sq ft

Building Layout:

10 retail shops, providing a significant portion of the investment income and suitable for various commercial activities according to approved licenses.

The mezzanine floor includes two open-plan offices with all necessary amenities, in addition to a kitchen and bathroom, providing suitable spaces for office and administrative use.

18 one-bedroom apartments with a practical design suitable for family living.

4 studios offering diverse living options and supporting a variety of income streams for the building.

Annual Building Income: AED 1,007,000

Asking price: AED 13,500,000.

Price is negotiable.

This brand-new building boasts a prime location on a main street separating Al Raqaib and Al Alia, ensuring easy access and maximizing the benefits of its commercial and residential units. The diverse mix of shops, offices, apartments, and studios provides investors with multiple income streams, making it an ideal real estate investment opportunity that generates consistent annual returns.

This is a fantastic opportunity for investors seeking a new building with a mixed residential and commercial layout, a large built-up area, a prime location, and a good number of units, generating an annual income exceeding AED 1 million.