Fully rented residential and commercial building

Building for sale in Al Nakheel 2 – Ajman | Residential and commercial land – Very prime location

Now for sale is a ground floor + 5-story building, located on a plot of 3,700 square feet on the second row of Corniche Street in Al Nakheel 2 – Ajman. The location is prime, close to the Corniche and within a thriving real estate area, with easy access to Sharjah and Dubai, and proximity to schools, malls, and restaurants.

Building Details:

A complex of 20 apartments (one-bedroom and one-hall)

2 retail shops on the ground floor

Current annual income: AED 470,000

Asking price: AED 6,200,000 with slight negotiability

Key Features of this Offer

Feature Details
Strategic location on the second row of Ajman Corniche, overlooking vital locations
Long-term diversification: 20 residential units + 2 retail shops providing a balanced income
Fixed income of AED 470,000 per year included with the potential to increase
Competitive return of approximately 7.6% initially, subject to increase after rent updates
Market-supported price in line with similar properties in the area

Why is this offer a unique investment?
The focus on location and population growth makes returns potentially higher in the future.

Diversification of income sources – between residential and commercial – reduces risk and increases investment efficiency.

Possibility of re-leasing at higher rates to generate higher income than the current rate.

The price's alignment with the market enhances the ability to sell in the future if the investor desires to do so.

Property details

Property Type

Whole Building

Property Size

3,700 sqft / 344 sqm

Bedrooms

Bathrooms

Available from

12 Jul 2025