15,000,000
Own this from just
53,984 AED/monthProperty details
Listed
1 hour ago
Property Type
Whole Building
Bedrooms
7+ Beds
Bathrooms
7+ Baths
Furnishing
Unfurnished
Area
7,000 ft²
Price per area
AED2,142/ft²
Available from
14 Sep 2026
INCOME GENERATING BUILDING FOR SALE IN ALHAMIDIYAH
A strong investment opportunity for investors looking for an income-generating residential building in a well-established and active area of Ajman.
The property consists of Ground Floor + 6 Floors + Roof and offers a diversified income structure through residential apartments, a penthouse, retail shops, and parking spaces. This combination provides the investor with multiple income streams and makes the property suitable for long-term investment.
The building consists of 24 two-bedroom apartments, with each apartment featuring a practical layout and 3 bathrooms, providing comfortable accommodation and making the units attractive to families and long-term tenants.
The property also includes 1 penthouse, 3 commercial shops, and 11 parking spaces, adding further sources of rental income beyond the residential units.
Expected Annual Rental Income:
24 Two-Bedroom Apartments × AED 47,000 = AED 1,128,000 per year
1 Penthouse = AED 70,000 per year
3 Commercial Shops × AED 35,000 = AED 105,000 per year
11 Parking Spaces × AED 1,500 = AED 16,500 per year
TOTAL EXPECTED ANNUAL INCOME: AED 1,319,500
Property Details:
Location: Al Hamidiyah, Ajman
Land Area: 7,000 sq. ft.
Building Configuration: Ground + 6 Floors + Roof
Unit Mix: 24 Two-Bedroom Apartments + 1 Penthouse
Bathrooms: 3 Bathrooms per Two-Bedroom Apartment
Commercial Units: 3 Shops
Parking: 11 Spaces
Asking Price: AED 15,000,000
The property offers an attractive investment profile due to its diversified rental income and the large number of residential units. The combination of 24 two-bedroom apartments, a penthouse, commercial shops, and parking spaces allows the investor to benefit from several rental income sources rather than relying on a single property type.
Awtan Real Estate
Contact: 0565039050
Amenities
Unfurnished
Location

About Al Hamidiya 2
Learn moreAl Hamidiya 2 in Al Hamidiya offers Studio To 22 Bedrooms properties averaging 325 - 16,000 sqft. It currently has 33 active sale listings.
- Properties Listed33
- Price range225K - 23M
Provided by
Awtan Real Estate LLC
See agency properties (695)Response time
within 5 minutes
Experience
11 years
Closed Deals
8
Languages
English, Arabic
Get the right mortgage for you
Estimate your monthly mortgage payment
Monthly payment
53,984 AED
with interest rate of
3.75%
Get a free consultation.
Our Mortgage Advisors will be more than happy to help!
Regulatory information
Regulatory information
Reference
awtan-S-13753
Listed
1 hour ago
Broker License
115849
Agent License
115849
Own this property from just
53,984 AED /month
Fixed rates from: 3.75%
Get pre-approvedIn partnership with

