One of the best opportunities to purchase a residential investment building in the highly demanded Nuaimiya 2 area with prospects for immediate rental yield, combined with very strong future development potential.

The property is constructed as a Ground + 1 structure on a plot measuring 3,800 sq. ft. with official permission for Ground + 3, thereby offering immense potential and the valuable option for vertical expansion in the future. The building has in total 7 well-maintained residential units configured as 2-bedroom apartments each, a layout that remains in consistently high demand among families and long-term tenants.

Being in an established residential community, the property enjoys easy access to main roads, schools, supermarkets, mosques, medical facilities, and public transport, thus commanding excellent tenant appeal and ensuring a very stable occupancy rate.

Already income-generating, the building provides investors with immediate cash flows while the approved G+3 permission opens up very strong upside potential through redevelopment or unit expansion. In light of the foregoing, this property seems especially suitable for investors, developers, or an end buyer looking for long-term capital appreciation in a tested rental market.

With its price at AED 1.9 Million, it is negotiable and offers strong value considering its location, plot size, existing units, and development approval.

Property Details
Property type: Residential Building for Sale
Current Structure: Ground + 1
Approved Permission: Ground + 3
Plot Size: 3,800 sq. ft.
Units: 7 Apartments
Configuration: 2 Bedrooms
Location: Nuaimiya 2
Price: AED 1.9 Million (Negotiable) A solid, income-producing asset with future growth potential in one of Ajman's most stable residential areas. Viewing highly recommended.

Investment Building | G+3 | Nuaimiya 2

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