WHOLE BUILDING FOR SALE IN AL NAEMIYA TOWER 1, AL NAEMIYA TOWERS

The entireKPH1 building is for sale for 15 million

Property Type:

Whole Building

Property Size:

12,001 sqft / 1,115 sqm

Bathrooms:

7+

Available from:

2 Apr 2024


15,000,000 AED

Own this from just

54,787 AED/month

Hany ALi usually responds within 24 hours



Report this listing

Location

Map

Al Naemiya Tower 1

Ajman, Al Nuaimiya, Al Naemiya Towers

Agent

Hany ALi

AMOON REAL ESTATE

(296 Properties)
Residential Insights
Al Naemiya Tower 1
Price Range:12K - 154K AED/year
Community Insights
Al Nuaimiya
3.5/52 building reviews
Price Range:12K - 1M AED/year

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Amenities

Balcony

Security

Concierge

Maid Service

Covered Parking

Built in Wardrobes

Lobby in Building


Description

Based on the details mentioned, here is a detailed explanation of a building for sale in Ajman, Sheikh Khalifa Street:

1. **Strategic location**: The building is considered a privileged location, as it is located on Sheikh Khalifa Street in Ajman, which is a central location, easy to access, and enjoys heavy traffic. The street enjoys the availability of public services and facilities, and it is located next to Dubai Islamic Bank, which enhances the value of the site from a commercial perspective.

2. **General Structure**: The building consists of a ground floor and 6 floors, which provides multiple investment opportunities and the possibility of increasing the return on investment.

3. **Land area**: The land area on which the building is located is approximately 12,001.86 square feet, which provides sufficient space to provide additional facilities and services.

4. **Ownership and Age**: The building is owned directly by the owner, and the building is approximately 25 years old, which is considered acceptable and does not require very expensive maintenance procedures at the present time.

5. **Current income**: The building achieves an annual income estimated at approximately 1,503,000 dirhams, which is a good amount that reflects stability in investment and enhances the building’s attractiveness to investors.

6. **Residential and commercial units**: The building includes a variety of residential and commercial units, including 52 residential units and 6 shops, which provides multiple investment opportunities and attracts different types of tenants.

7. **Sale price**: The required selling value of the building is about 15 million dirhams, which is a price considered appropriate in relation to the current specifications and income of the building.

Get the right mortgage for you

300,000 AED35,000,000 AED
30%
4,500,000 AED12,000,000 AED
1 year25 years

Estimate your monthly mortgage payment

Monthly payment

54,787 AED

with interest rate of

3.89%

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Reference:

BUILDING.FORSALE.ALNUAIMIYA3

Listed:

25 days ago

Broker ORN:

121394


15,000,000 AED

Own this from just

54,787 AED/month

Hany ALi usually responds within 24 hours

Report this listing

Own this property from just

54,787 AED /month

Fixed rates from: 3.89%

Get pre-approved

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