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15,000,000

Own this from just

53,984 AED/month

Property 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


WHOLE BUILDING FOR SALE IN AL HAMIDIYA 2, AL HAMIDIYA

INCOME GENERATING BUILDING FOR SALE IN ALHAMIDIYAH

INCOME-GENERATING BUILDING FOR SALE IN AL HAMIDIYAH, AJMAN

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

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Al Hamidiya 2

About Al Hamidiya 2

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Al 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

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Agent Ibrahim Ahmed Ibrahim
SuperAgent

Ibrahim Ahmed Ibrahim

5.0

Awtan Real Estate LLC developer Logo

Awtan Real Estate LLC

See agency properties (695)

Response time

within 5 minutes

Experience

11 years

Closed Deals

8

Languages

English, Arabic

See agent properties (28)

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Monthly payment

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with interest rate of

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Regulatory information
Regulatory information

Reference

awtan-S-13753

Listed

1 hour ago

Broker License

115849

Agent License

115849

Payment method

Cash

Agent Ibrahim Ahmed Ibrahim

Ibrahim Ahmed Ibrahim

5.0

Usually responds within 5 minutes

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53,984 AED /month

Fixed rates from: 3.75%

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