A prime investment building is for sale in the Al

A prime investment building is for sale in the Al Jurf Industrial Area of Ajman. Located in a vibrant area with high rental demand, it presents an ideal opportunity for investors seeking a stable income and attractive returns in one of the emirate's most dynamic districts.

The building sits on a 9,550 sq ft plot and has a permit for a ground floor plus six stories. Currently, construction has reached the ground floor and two additional stories, giving the new owner the potential to expand the project, increase the number of units, and significantly enhance the investment return.

The building is only five years old and comprises 39 diverse residential and commercial units, including nine studios, 20 one-bedroom apartments, and 10 retail shops. This provides a variety of income streams and ensures stable rental yields.

The building boasts a good occupancy rate and strong, consistent rental income, with a current return on investment of approximately 9% – an attractive rate for investors looking to generate substantial annual returns on an existing, ready-to-move-in property.

The property's location in Al Jurf Industrial Area adds significant investment value thanks to the area's ongoing commercial and residential activity, and its proximity to main roads and various services, ensuring continued demand for residential and commercial units.

This building presents an ideal opportunity for investors and portfolio managers seeking an asset that generates immediate income with potential for future expansion and increased investment value.

Asking price: AED 9,500,000.

For more information or to schedule a viewing, please contact us.

A prime investment building is for sale in the Al

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