AED 40,000,000
Own this from just
143,957 AED/month7+ Bedrooms
7+ Bathrooms
20,000 sqft / 1,858 sqm
WHOLE BUILDING FOR SALE IN AL HAMIDIYA 1, AL HAMIDIYAOf course, here is a detailed and comprehensive analysis of this property based on the information you provided, with important practical notes from real estate market experience:
This property consists of:
45 two-bedroom apartments, which are typically targeted at small or medium-sized families and are therefore considered desirable residential units.
27 one-bedroom apartments, which often attract professionals, bachelors, or students and are considered relatively easy to rent and quick to turn over.
5 retail shops, which are an important additional feature of the property, as they generate a steady income and are often leased on long-term contracts. They are less likely to go empty than residential apartments.
Second: Property Price and Annual Income
Asking Price: 40 million riyals
Total Annual Income: 3 million and 700 thousand riyals
Third: Investment Return Analysis
To calculate the initial investment return, we compare the annual income with the property price. We find that the annual income represents approximately 9.25 percent of the property's value. This is known as the total return, and it is a good initial indicator for investors.
A return of 9.25% is considered excellent in the Saudi real estate market, especially in major cities like Riyadh, Jeddah, and Dammam, where the average return typically ranges between 6 and 8 percent.
Fourth: Things to Check Before Buying
Unit Occupancy
Is the property fully rented? If there are vacant units, it's important to know the vacancy rate and the reasons for it.
Age and Construction Condition of the Property
Older properties may need ongoing renovations, which can affect the net return. If the property is new or renovated, the costs will be lower and the net return will be higher.
Entire building for sale in Ajman with high rental
This property consists of:
45 two-bedroom apartments, which are typically targeted at small or medium-sized families and are therefore considered desirable residential units.
27 one-bedroom apartments, which often attract professionals, bachelors, or students and are considered relatively easy to rent and quick to turn over.
5 retail shops, which are an important additional feature of the property, as they generate a steady income and are often leased on long-term contracts. They are less likely to go empty than residential apartments.
Second: Property Price and Annual Income
Asking Price: 40 million riyals
Total Annual Income: 3 million and 700 thousand riyals
Third: Investment Return Analysis
To calculate the initial investment return, we compare the annual income with the property price. We find that the annual income represents approximately 9.25 percent of the property's value. This is known as the total return, and it is a good initial indicator for investors.
A return of 9.25% is considered excellent in the Saudi real estate market, especially in major cities like Riyadh, Jeddah, and Dammam, where the average return typically ranges between 6 and 8 percent.
Fourth: Things to Check Before Buying
Unit Occupancy
Is the property fully rented? If there are vacant units, it's important to know the vacancy rate and the reasons for it.
Age and Construction Condition of the Property
Older properties may need ongoing renovations, which can affect the net return. If the property is new or renovated, the costs will be lower and the net return will be higher.
Property details
Property Type
Whole Building
Property Size
20,000 sqft / 1,858 sqm
Bedrooms
7+
Bathrooms
7+
Available from
14 Jun 2025
Amenities
Central A/C
Balcony
Security
Concierge
Built in Wardrobes
View of Landmark
Vastu-compliant
Location
Provided by
Moataz Mosaad
No ratings
EVAGE REAL ESTATE SPS.LLC
See all properties (2275)Response time
within 1 hour
Experience
8 years
Languages
English, Arabic
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Monthly payment
4,936 AED
with interest rate of
3.75%
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Regulatory information
Reference
01JXQ2G807C25DNYKKKGK01HT9
Listed
2 days ago
Broker License
126058
usually responds within 1 hour
Own this property from just
143,957 AED /month
Fixed rates from: 3.75%
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