Fully Renovated Building | 12 Units | AED 3.7M

For Sale: Fully Renovated Two-Storey Residential Building – Al Mowaihat 3

An excellent investment opportunity offering strong annual returns in a strategic corner location with enhanced accessibility, natural lighting, and ventilation.

The building is located in Al Mowaihat 3, Ajman, a well-established residential area known for steady rental demand. The location provides easy access to main roads connecting Ajman to other emirates, and is close to schools, retail centers, and essential services, making it highly attractive to tenants.

Property Details:

The building consists of two floors with a total of 12 residential units distributed as follows:

First Floor:

1 Studio
5 One-Bedroom Apartments (1 Bedroom + Living Room)

Second Floor:

2 Two-Bedroom Apartments (2 Bedrooms + Living Room)
4 One-Bedroom Apartments (1 Bedroom + Living Room)

Total Units: 12 Apartments

Land Area: 6,628 st
Prime Corner Location providing dual frontage, better ventilation, and easier access.

A key advantage of this property is that the building has been fully renovated to a high standard and is currently vacant. This gives the new owner complete flexibility to select tenants and set rental values according to their investment strategy, without the need for additional renovation expenses.

Expected Annual Income: AED 360,000
Asking Price: AED 3,700,000

This property represents a solid investment opportunity for buyers seeking stable rental returns in a growing and active real estate market. With full renovation completed and immediate readiness for leasing, it allows investors to begin generating income without delay.

An ideal choice for investors looking for a ready, income-generating asset in a prime Ajman location.

Fully Renovated Building | 12 Units | AED 3.7M

Amenities

Location

Provided by

Get the right mortgage for you

Regulatory information

Regulatory information

Own this property from just