Excellent investment opportunity to own a strategically located commercial and residential building in Al Nakhil, Ajman. The property is situated as the second building from Sheikh Rashid Bin Hameed Street, directly beside the Gold Souq, offering excellent visibility, accessibility and strong commercial demand.

The building is built on a plot of approximately 305 square meters, equivalent to 3,280 square feet, and consists of a ground floor, mezzanine and three additional floors. The property is positioned in a highly established and active area, making it suitable for investors looking for a combination of residential rental income and commercial income.

The building consists of 10 residential units with one bedroom and living room layouts, in addition to 9 commercial shops. This diversified configuration provides multiple income sources and reduces dependence on a single property type. The commercial shops benefit from the building’s strategic location and proximity to one of Ajman’s well known traditional and commercial destinations.

The building is more than 15 years old and currently generates approximately AED 500,000 in annual rental income. The existing income has strong potential for improvement through rental optimization and better management of the commercial and residential units, making this an attractive opportunity for investors seeking to increase their return over time.

The asking price is AED 6,100,000. With its prime location, mixed residential and commercial use, established rental income and potential for higher returns, this property represents a strong investment opportunity in one of Ajman’s central and active areas.

For serious investors looking for a property with existing income and future growth potential, this building deserves close consideration.

For more information or to arrange a viewing, please contact 0547016766.

Prime Commercial Residential Building in Al Nakhil

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